To launch later this year
Imperial Pacific gets nod to open temporary casino in Saipan
2015-03-09
Reading time 28 seg
Macau junket investor Imperial Pacific International Holdings Ltd has reached a written agreement with the Commonwealth of the Northern Mariana Islands, amending its casino license to establish and operate a temporary casino in Garapan, Saipan.
The agreement was mentioned in a filing submitted to the Hong Kong Stock Exchange, as well as the company’s plan to seek legal advice to make sure that the temporary casino complies with all the applicable HKSE listing rules.
The temporary casino will be operational while the company builds its $7.1 billion integrated resort and casino project in Saipan. The first phase of the massive project is set to be completed sometime in 2016.
Once completed, the project will feature a town hotel plus integrated resort with gaming facilities.
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