• 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

Imperial Pacific temporary casino opens 3Q: firm

Jun 15, 2015 Newsdesk Latest News, Top of the deck, World  


Imperial Pacific temporary casino opens 3Q: firm

Imperial Pacific International Holdings Ltd, a company that has pledged to spend as much as US$7 billion on a casino resort on the Pacific island of Saipan (pictured), said in a Friday filing that it would launch and operate a “temporary casino” there in the third quarter.

“The licensee expects to launch and operate the temporary casino in the third quarter of 2015 and construction work for the two town hotels (including the gaming facilities in the phase 1 town hotel) would commence in the third quarter of 2015 and would fully complete within 16 months,” added the filing to the Hong Kong Stock Exchange. One of its units holds a casino licence for the main island in the Commonwealth of the Northern Mariana Islands. The latter is a U.S. Pacific territory with commonwealth status similar to Puerto Rico.

One of the hotels to be constructed would have 250 rooms certified to 5-star standard, said a May filing from the company. The casino would have 2,200 square metres of space excluding back of house areas, it added.

The firm said in previous filings that it would “seek legal advice” before starting operations at the temporary casino in order to comply with all applicable laws and listing rules of the Hong Kong Stock Exchange. The project was also subject to oversight by CNMI’s Casino Commission “for proper regulation of the temporary casino and the Saipan Casino Law,” the company added in a filing in March.

Imperial Pacific started life as a frozen food business before acquiring the rights to a profit stream from a Macau junket investor.


  • 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
  • Melco to help Macau govt revitalise some Inner Harbour piers
    Melco to help Macau govt revitalise...

    Sep 21, 2023  

  • GEN Malaysia stable outlook, rebound taking its time: Fitch
    GEN Malaysia stable outlook, rebound...

    Sep 21, 2023  


Latest News

Melco to help Macau govt revitalise some Inner Harbour piers

Melco to help Macau govt revitalise some Inner Harbour piers

Sep 21, 2023  

Casino group Melco Resorts & Entertainment Ltd will take on responsibility for some new tourism and leisure elements at two waterfront heritage sites on Macau peninsula: Pier 23 and Pier 25...
Read More
GEN Malaysia stable outlook, rebound taking its time: Fitch

GEN Malaysia stable outlook, rebound taking its time: Fitch

Sep 21, 2023  

Golden Week Macau GGR to be 17pct up on rest of Oct: MS

Golden Week Macau GGR to be 17pct up on rest of Oct: MS

Sep 21, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”Genting Malaysia’s revenue rebound has been slower than our expectations, and the impact on leverage has been compounded by Empire’s weak metrics”

Akash Gupta, Shiv Kapoor and Hasira De Silva

Analysts at Fitch Ratings



Most Popular

  • No swift resumption of dividends for most Macau ops: GSNo swift resumption of dividends for most Macau ops: GS September 19, 2023
  • Macau logs 3.2mln visitors in Aug, only 4pct from overseasMacau logs 3.2mln visitors in Aug, only 4pct from… September 20, 2023
  • Sept daily Macau GGR rebounds after storms: brokerageSept daily Macau GGR rebounds after storms: brokerage September 18, 2023
  • Hengqin-Macau tour reboot for mainland consumers: MGTOHengqin-Macau tour reboot for mainland consumers: MGTO September 19, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us