Hearing on possible revokation of IPI casino license delayed

Originally set for Tuesday, the hearing to decide whether to revoke Imperial Pacific International (CNMI) LLC’s exclusive casino license has been rescheduled.

Due to ongoing settlement negotiations between Imperial Pacific International (IPI) and the Commonwealth Casino Commission (CCC), the hearing date has been rescheduled for February 28, 2024.

The executive director of CCC, Andrew Yeom, claims that the reason for the delays is the involvement of several parties in the ongoing discussions. Yeom and IPI submitted a third application on February 13th, 2024, to move the enforcement hearing date from February 20, 2024 to February 28, 2024 in response to two complaints against IPI. Because settlement talks are still ongoing, an extension was deemed necessary.

The CCC board first set the revocation hearing on January 31, 2024. Following pleading from the parties involved, it was postponed until February 12, 2024, and then again for February 20, 2024.

IPI has not yet paid the CNMI government around $62 million for casino license fees as of the deadline of December 30, 2023.

Original story by: Asia Gaming Brief