‘Revocation, payments, others still being negotiated’
Imperial Pacific International (CNMI) LLC has requested the Commonwealth Casino Commission board to suspend conducting a hearing to revoke IPI’s exclusive casino license, which was set for this coming Wednesday, Jan. 31.
In response to Saipan Tribune’s inquiry, IPI manager/director Howyo Chi said yesterday that they are still negotiating with CCC regarding revocation hearing, payments, and other issues.
“There have been many proposals back and forth but nothing concrete,” Chi said. He did not elaborate.
CCC board acting chair Rafael Demapan set the board’s monthly meeting this Tuesday, a day before the scheduled revocation hearing, at the Springs Plaza Building in Gualo Rai.
Demapan included in the meeting’s agenda a preliminary stipulation that asks for the dismissal or stay in the casino license revocation hearing.
He also included in the agenda a preliminary stipulation that requires an order lifting the CCC’s order dated April 22, 2021, suspending IPI’s casino license.
IPI failed to pay some $62 million in casino license fees it owes the CNMI government by the Dec. 30, 2023 deadline.
Howyo Chi
