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CCC cancels IPI revocation deliberation until further notice

The Commonwealth Casino Commission board canceled yesterday’s scheduled deliberation whether to revoke or not Imperial Pacific International (CNMI) LLC’s exclusive gaming license.

IPI owes creditors over $165M; files for bankruptcy

IPI owes creditors over $165M; files for bankruptcy
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IPI files for bankruptcy

Imperial Pacific International (CNMI) LLC has officially filed for Chapter 11 bankruptcy with the U.S. District Court for the NMI reporting that it owes creditors over $150M.

Commonwealth Casino Commission grants extension for settlement negotiation

April 22nd is the new, final-final deadline the Commonwealth Casino Commission gave its executive director and Imperial Pacific International to finalize a settlement agreement. CCC Executive Director

CCC looks into proposed settlement agreement, will decide on IPI license on April 22

CCC looks into proposed settlement agreement, will decide on IPI license on April 22
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