{"id":777016775,"date":"2024-06-27T09:27:43","date_gmt":"2024-06-27T12:27:43","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777016775"},"modified":"2026-04-22T08:42:57","modified_gmt":"2026-04-22T11:42:57","slug":"cnmi-representative-criticises-ccc-over-casino-debts","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/cnmi-representative-criticises-ccc-over-casino-debts","title":{"rendered":"CNMI representative criticises CCC over casino debts"},"content":{"rendered":"\n<p>Marissa Flores has accused CCC chairman Edward C. Deleon Guerrero of \u201cnot doing justice to help the people of the Commonwealth.&#8221;<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.-\u00a0Representative Marissa Flores has accused the Commonwealth Casino Commission (CCC) of failing to serve the interests of the people of the Commonwealth. Speaking during the miscellaneous part of the House session on Tuesday (June 25), Flores said she meant no disrespect to CCC chairman <strong>Edward C. Deleon Guerrero<\/strong> but suggested there was a lack of accountability and transparency in his leadership.<\/p>\n\n\n\n<p>According to Mariana&#8217;s Variety, Flores highlighted that the exclusive casino licence holder, Imperial Pacific International (IPI), owes millions of dollars to the government. She argued that Deleon Guerrero failed in his fiduciary duties by not taking appropriate action to address the debt.<\/p>\n\n\n\n<p>Flores pointed out that the courts have no pending cases regarding the revocation of IPI\u2019s licence, implying that the CCC had the opportunity to act but chose not to. <\/p>\n\n\n\n<p><strong>See also: <\/strong><a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/cnmi-government-aims-to-liquidate-all-ipi-assets\" rel=\"noreferrer noopener\">CNMI government aims to liquidate all IPI assets<\/a><\/p>\n\n\n\n<p>In a recent budget hearing conducted by the House Ways and Means Committee, Deleon Guerrero noted that the CCC had taken legal action against IPI for <a href=\"https:\/\/focusgn.com\/asia-pacific\/ccc-seeks-us3-15m-budget-approval\" target=\"_blank\" rel=\"noreferrer noopener\">failing to pay the US$3.15m annual regulatory fee<\/a> owed since 2020.<\/p>\n\n\n\n<p>CCC&#8217;s executive director, <strong>Andrew Yeom <\/strong>has recommended revoking IPI\u2019s exclusive casino licence. However, the process has been delayed due to <a href=\"https:\/\/focusgn.com\/asia-pacific\/ipi-files-for-bankruptcy\" target=\"_blank\" rel=\"noreferrer noopener\">IPI\u2019s Chapter 11 bankruptcy filing<\/a> in federal court.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marissa Flores has accused CCC chairman Edward C. Deleon Guerrero of \u201cnot doing justice to help the people of the Commonwealth.&#8221;<\/p>\n","protected":false},"author":176,"featured_media":12619,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Representative Marissa Flores has publicly criticized Commonwealth Casino Commission (CCC) Chairman Edward C. Deleon Guerrero for perceived failures in addressing Imperial Pacific International's (IPI) substantial debt to the government and its outstanding regulatory fees. Flores alleges a lack of accountability and fiduciary duty, noting the absence of court cases for license revocation despite IPI's non-compliance. The CCC's executive director has recommended revocation, but the process is stalled by IPI's Chapter 11 bankruptcy filing.","focusai_entities":"Marissa Flores, Edward C. Deleon Guerrero, Commonwealth Casino Commission (CCC), Imperial Pacific International (IPI), Andrew Yeom, House Ways and Means Committee","focusai_location":"Northern Mariana Islands, Commonwealth","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (0.9), operator_casino (0.8), investor_analyst (0.9), supplier_vendor (0.7), journalist_researcher (1.0)","focusai_suggestions":[{"label":"IPI Debt Recovery Strategy","query":"What specific legal and financial mechanisms is the CCC exploring to recover the US$3.15m in annual regulatory fees and other government debts from IPI, given the Chapter 11 bankruptcy filing?"},{"label":"Regulatory Framework Efficacy","query":"How will the CCC's governance framework be reviewed or revised to prevent future instances of prolonged non-compliance and ensure timely enforcement actions against licensees, particularly concerning fiduciary oversight?"}],"footnotes":""},"categories":[16336,157],"tags":[21613,24134],"class_list":["post-777016775","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-commonwealth-casino-commission","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016775","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=777016775"}],"version-history":[{"count":2,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016775\/revisions"}],"predecessor-version":[{"id":777016797,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777016775\/revisions\/777016797"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/12619"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777016775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777016775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777016775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}