The Commonwealth Casino Commission has been allowed to proceed with Imperial Pacific International’s casino licence revocation.<\/p>\n\n\n\n\n\n\n\n
Northern Mariana Islands.- The US district court has declined\u00a0Imperial Pacific International (IPI)’s request for a temporary restraining order<\/strong>, paving the way for the Commonwealth Casino Commission (CCC) to initiate proceedings for the revocation of the company’s casino gaming licence.\u00a0<\/p>\n\n\n\n IPI had filed an emergency motion for a temporary restraining order in an attempt to halt the CCC’s revocation proceedings.\u00a0CCC\u2019s executive director,\u00a0Andrew Yeom<\/strong>, confirmed in an interview with the Saipan Tribune following the court hearing that the commission would proceed with the revocation proceedings.\u00a0<\/p>\n\n\n\n He said the denial of the temporary restraining order means that IPI has until the commencement of the proceedings to comply with the CCC’s orders. Failure to do so would result in the proceedings moving forward.<\/p>\n\n\n\n IPI’s motion argued that the order was necessary to preserve the status quo pending the adjudication of\u00a0pending lawsuits against governor Arnold I. Palacios and CCC officials<\/a>.\u00a0It is challenging the constitutionality of CNMI laws and regulations underlying the revocation proceedings and contests the CCC’s jurisdiction to adjudicate claims arising from its casino licence agreement.<\/p>\n\n\n\n IPI’s revocation hearing will take place today (February 28), at 9am at the CCC\u2019s conference room at Springs Plaza in Gualo Rai. The hearing was initially scheduled for January 31 but was postponed to\u00a0February 12<\/a>\u00a0and then to\u00a0February 20<\/a>, as the parties were involved in settlement negotiations.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":" The Commonwealth Casino Commission has been allowed to proceed with Imperial Pacific International’s casino licence revocation.<\/p>\n","protected":false},"author":176,"featured_media":21187,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The US district court has denied Imperial Pacific International's (IPI) request for a temporary restraining order, thereby enabling the Commonwealth Casino Commission (CCC) to proceed with the revocation of IPI's casino gaming licence in the Northern Mariana Islands. IPI is challenging the constitutionality of CNMI laws and the CCC's jurisdiction, with the revocation hearing scheduled to commence.","focusai_entities":"Imperial Pacific International (IPI), Commonwealth Casino Commission (CCC), Andrew Yeom, Arnold I. Palacios, Saipan Tribune","focusai_location":"Northern Mariana Islands, Saipan, Gualo Rai","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's legal recourse?","query":"What are the remaining legal avenues for Imperial Pacific International to challenge the Commonwealth Casino Commission's revocation proceedings, particularly regarding the constitutional and jurisdictional arguments?"},{"label":"Market impact of revocation?","query":"How will the potential revocation of Imperial Pacific International's licence impact the competitive landscape and future investment attractiveness of the Northern Mariana Islands' gaming vertical?"}],"footnotes":""},"categories":[16336,439],"tags":[21613,24134],"class_list":["post-777013535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legal-news","tag-commonwealth-casino-commission","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=777013535"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013535\/revisions"}],"predecessor-version":[{"id":777013544,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777013535\/revisions\/777013544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/21187"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777013535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777013535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777013535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}