Government evaluates Imperial Pacific
Financial documents of Imperial Pacific casino would be assessed by a Senate special commission.
US.- The recently inaugurated Imperial Pacific casino would be evaluated by a Senate special commission, as revealed by Calvin Ayre. Imperial Pacific International Holdings (IPI) held the grand opening of its Saipan casino Imperial Pacific earlier in July, now the government is allegedly trying to review its financial conditions.
The Senate Committee on Gaming would begin its assessment next month with a visit to the venue. The Committee chair Sen. Justo Quitugua has urged the Commonwealth Casino Commission (CCC) for documents to prove “an in-depth understanding of the financial aspects of the gaming industry,” quoted Calvin Ayre.
Under current laws, the Commonwealth of the Northern Mariana Islands (CNMI) considers they “must be informed about all available resources to support government operations.” The casino operators would have to present documents related to gaming funds, casino taxes and gross gaming revenue.
The Commonwealth Casino Commission (CCO) granted IPI the permission to launch gaming operations at the Imperial Pacific Resorts in June. IPI fulfilled the Commonwealth Casino Commission’s requirements as to health and safety regulations. Operators adapted the casino with new fire alarm system, as well as the company committed to hire personal for fire watch, an independent safety consultant and general clean up.
