• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Sunday 11 May 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

US Supreme Court denies IPI petition to halt casino license revocation hearing

Ben Blaschke by Ben Blaschke
Wed 10 Jan 2024 at 04:59
Pacific puzzle
15
SHARES
374
VIEWS
Print Friendly, PDF & Email

A petition by troubled Saipan casino operator Imperial Pacific International (IPI) to require the local regulator to enter into non-binding arbitration regarding possible license revocation has been denied by the US Supreme Court, allowing an upcoming revocation hearing to proceed as planned.

The revocation hearing is scheduled to take place on 31 January 2024, almost three years since the company’s license was suspended for failure to pay certain annual license fees as required under its license agreement.

As per Marianas Variety, IPI had filed the petition for writ of certiorari on 6 November 2023 seeking a review of a prior ruling which deemed that the Commonwealth Casino Commission (CCC) did not need to enter into non-binding arbitration regarding license revocation proceedings.

However, the Supreme Court has now rejected any such review in decision described by Attorney General Edward E. Manibusan as “important for the people of the Commonwealth in enforcing IPI’s failure to meet its contractual and statutory obligations to the people of the CNMI.”

CCC commissioner Mariano Taitano said the regulator could now decided whether or not to revoke IPI’s license, stating, “Finally, this issue will come to rest.”

Fellow commissioner Ramon Dela Cruz added, “It was unfortunate that IPI had to take this route in an attempt to avoid paying its obligation to the CNMI government.”

The CCC previously gave IPI 30 days, expiring on 30 December 2023, to pay the full US$62 million it owes to the Commonwealth Casino Commission in unpaid license fees or face revocation of its license.

IPI’s casino was shuttered in March 2020 due to the COVID-19 pandemic and its license suspended in April 2021 for failure to pay its fees. The CCC has long since threatened to revoke the company’s license but has faced legal challenges from IPI, which argued that the initial reason its casino closed was due to a force majeure event.

However, the Supreme Court in January noted that such force majeure event has ended and that any lingering effects on IPI’s economic state do not constitute such an event either.

IPI currently has two civil suits filed against the CCC claiming the regulator itself has breached the casino license agreement and is taking a “judicial role” in its interpretation of the agreement.

RelatedPosts

10 Years Ago: The Star war

OPINION: Why are the shareholders of Star Entertainment accepting this farce? Someone needs to call an Extraordinary General Meeting NOW and fire the entire board

Thu 3 Apr 2025 at 07:36
Trade union warns massively increased casino pokies tax in NSW will cost jobs

The Star Sydney’s casino license to remain suspended until at least 30 September

Fri 28 Mar 2025 at 16:21
Australia’s first Andaz hotel to open at The Star Gold Coast in 2025

Queensland defers The Star Gold Coast’s 90-day license suspension due to progress in remediation efforts

Thu 27 Mar 2025 at 17:34
Deputy PM says Thai cabinet unlikely to approve new casino entry barrier for locals

Only six operators seem likely to apply for Thai casino license

Mon 24 Mar 2025 at 06:37
Load More
Tags: casino licenseCNMICommonwealth Casino CommissionImperial Pacific International
Share6Share1
Ben Blaschke

Ben Blaschke

A former sports journalist in Sydney, Australia, Ben has been Managing Editor of Inside Asian Gaming since early 2016. He played a leading role in developing and launching IAG Breakfast Briefing in April 2017 and oversees as well as being a key contributor to all of IAG’s editorial pursuits.

Current Issue

Editorial – The real reason Philippines casino revenues are down

Editorial – The real reason Philippines casino revenues are down

by Ben Blaschke
Sun 30 Mar 2025 at 23:04

After enjoying a post-COVID surge in gaming revenues at its licensed casinos, the Philippines has hit a rocky patch. In...

Inside Thai IRs

Inside Thai IRs

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:59

No time to read this whole article? Here are the bullet points! With passage of Thailand’s Entertainment Complex Bill through...

Resorts World Las Vegas – Lighting up the north

Resorts World Las Vegas – Lighting up the north

by Andrew W Scott and Ben Blaschke
Sun 30 Mar 2025 at 22:52

Inside Asian Gaming recently visited Genting’s American icon Resorts World Las Vegas to take a closer look at a property...

A baccarat perspective

A baccarat perspective

by Ryan Hong-Wai Ho
Sun 30 Mar 2025 at 22:37

In the first of a two-part series, Ryan Ho explores how gaming innovations and market changes have shaped the prominence...

Evolution Asia
Aristocrat
GLI
Mindslot
Solaire
Hann
Tecnet
Nustar
Jumbo

Related Posts

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

Bally’s Chairman Soo Kim talks after deal sealed to acquire Australia’s Star Entertainment

by Newsdesk
Wed 9 Apr 2025 at 06:16

Star Entertainment Group confirmed Monday it had entered into a binding term sheet with US casino operator Bally’s Corp to take control of the company as part of a US$300 million (US$180 million) deal. The term sheet, comprising a multi-tranche...

China-owned contractor of Chow Tai Fook’s Baha Mar ordered to pay US$1.6 billion to original owner for “many acts of fraud”

New York appellate court dismisses China Construction America’s appeal in US$1.6 billion Baha Mar fraud case

by Ben Blaschke
Wed 9 Apr 2025 at 05:59

A New York court has dismissed an appeal by China Construction America, Inc (CCA) against a Supreme Court ruling in October requiring it to pay US$1.6 billion to the original owner of Bahamas casino resort Baha Mar for committing “many acts...

Trade union warns massively increased casino pokies tax in NSW will cost jobs

Pub baron Bruce Mathieson agrees additional AU$100 million Star investment, reduces Bally’s contribution to AU$200 million

by Ben Blaschke
Wed 9 Apr 2025 at 05:40

Star Entertainment Group’s largest individual shareholder Investment Holdings Pty Ltd has entered into a binding term sheet with US casino operator Bally’s Corp that will see it subscribe for AU$100 million (US$60 million) in convertible bonds, reducing in the process...

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

RWLV names former MGM executive Greg Shulman as EVP of International Marketing

by Newsdesk
Wed 9 Apr 2025 at 05:35

Genting Group’s US flagship Resorts World Las Vegas (RWLV) has announced the appointment of casino industry veteran Greg Shulman as Executive Vice President of International Marketing. Continuing the property’s recent management overhaul, RWLV said Shulman will lead its international casino...



IAG

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2024
Inside Asian Gaming.
All rights reserved.

  • English