• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

Imp Pacific requests Saipan casino deadline extension

Mar 14, 2017 Newsdesk Latest News, Top of the deck, World  


Imp Pacific requests Saipan casino deadline extension

Gaming investor Imperial Pacific International Holdings Ltd is seeking to amend its casino licence agreement with the government of the Commonwealth of the Northern Mariana Islands, including extending the deadline to complete construction of its permanent casino on Saipan.

“The request to extend [the deadline] was made necessary due to a variety of challenges that caused construction delays, especially the severe damage to construction equipment from Typhoon Soudelor that took several months to repair,” the firm stated in a press release quoted by the Marianas Variety media outlet.

Typhoon Soudelor was considered the strongest tropical cyclone in the Asia Pacific region in 2015.

Other challenges mentioned by the company to request the deadline extension for completing its Saipan casino (pictured in a rendering) included: “adverse weather conditions making the tower cranes inoperable”; “unstable soil conditions that caused damage to pilings”; and “lack of readily available skilled laborers”.

“Imperial Pacific anxiously awaits the governor and lottery commission’s decision on the request to extend the deadlines,” the release said, as quoted by the Marianas Variety. “However, despite the extension request, Imperial Pacific will diligently work with its subcontractors and government agencies to bring its grand development to the CNMI community at the earliest possible opportunity,” it added.

GGRAsia contacted Imperial Pacific about its request to the CNMI government, but the firm said no further details were available at this time.

According to a February report from the Marianas Variety, Imperial Pacific had already sent a letter to the CNMI governor requesting the extension of several deadlines related to the construction of the casino resort.

The report said that the firm had requested an extension of its temporary casino operations from the original date of April 30, 2017, to that of October 31, 2017; as well as an extension – of the deadline to complete the construction and start operations at the permanent casino – from August 11, 2017 to February 11, 2018.

Imperial Pacific has the right to an exclusive casino licence on the Pacific island of Saipan. The firm’s unit Best Sunshine International Ltd is currently operating a temporary casino – which opened in July 2015 – on Saipan.

Imperial Pacific had said in January it planned to launch the new casino resort – called Imperial Pacific Resort – “in the first quarter of 2017”. A company executive had recently mentioned that the property could have a “soft opening” on March 31.

Imperial Pacific has stated in previous filings that the casino at the 350-suite Imperial Pacific Resort would feature around “200 to 300 gaming tables” and “300 to 400 slot machines”.


  • tweet
Related articles
  • Court rejects Imperial Pacific appeal on licence suspension
    Court rejects Imperial Pacific appeal...

    Mar 17, 2022  

  • Imp Pacific told to sell gaming machines to settle debt
    Imp Pacific told to sell gaming...

    Jul 12, 2021  

More news
  • Only 2 Macau satellites closed as concessions extended
    Only 2 Macau satellites closed as...

    Jun 29, 2022  

  • LVS full recovery may take until 2024: Moody’s
    LVS full recovery may take until 2024:...

    Jun 29, 2022  


Latest News

Only 2 Macau satellites closed as concessions extended

Only 2 Macau satellites closed as concessions extended

Jun 29, 2022  

Only two of Macau’s 18 satellite casinos – the Rio Casino and the President Casino – have closed amid changes to the city’s regulatory system for such properties, and against...
Read More
LVS full recovery may take until 2024: Moody’s

LVS full recovery may take until 2024: Moody’s

Jun 29, 2022  

Satellite casino ops still to Dec 31 at Casa Real, Grandview

Satellite casino ops still to Dec 31 at Casa Real,

Jun 29, 2022  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"There is still no clarity about when border easing for Macau will occur. In the end these changes are needed to see a rebound for Macau business"

Vitaly Umansky, Louis Li and Shirley Yang

Analysts at brokerage Sanford C. Bernstein



Most Popular

  • Macau casino Covid tests from Fri, ops pay for staff testsMacau casino Covid tests from Fri, ops pay for staff tests June 28, 2022
  • China quarantine easing good signal for Macau: analystsChina quarantine easing good signal for Macau: analysts June 29, 2022
  • SJM to make 2nd of pledged staff subsidy payments for 2022SJM to make 2nd of pledged staff subsidy payments for 2022 June 27, 2022
  • Moody’s confirms SJM Holdings’ ratings, negative outlookMoody’s confirms SJM Holdings’ ratings, negative… June 27, 2022
  • LVS full recovery may take until 2024: Moody’sLVS full recovery may take until 2024: Moody’s June 29, 2022
Copyright 2014-2022 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us