The Senate of the Commonwealth of the Northern Mariana Islands on Thursday passed a bill to repeal and re-enact a casino law for Saipan, to “clarify ambiguities” in the original statute and fully empower the local Lottery Commission to award an exclusive Saipan casino licence, reported the Saipan Tribune newspaper.
The last step now is for the U.S. Pacific territory’s Governor Eloy S. Inos to sign the corrective bill. He has already said he would do it “promptly”.
Last week Superior Court Associate Judge David A. Wiseman, sitting in Saipan, criticised the original law, describing it as “haphazard and poorly drafted”.
Imperial Pacific International Holdings Ltd – a Hong Kong-listed investor in the profit stream of Macau VIP operator Hengsheng Group – is seeking via a wholly owned subsidiary to secure the licence for a resort requiring a “minimum US$2 billion” investment according to the Saipan authorities. The subsidiary, Best Sunshine Ltd, is one of two applicants currently involved in the process.
Aug 09, 2022Starting from 1am on Tuesday (August 9), most travelling directly by air or sea to Macau from mainland China are required to take a nucleic acid test (NAT) upon arrival, plus another such test within...
Aug 09, 2022
”I believe it will take more than the offered concession term, 10 years, to see an appreciable increase in inflows of tourists [to Macau] from countries outside the existing tourist catchment areas”
Gaming and governance consultant at Newpage Consulting