Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

TexasTowelie

(116,501 posts)
Sun Apr 25, 2021, 04:32 PM Apr 2021

CNMI casino commission suspends IPI gaming license, imposes $6.6M fine

THE Commonwealth Casino Commission on Thursday suspended the gaming license of Imperial Pacific International for failure to comply with five orders relating to its various obligations.

Citing serious violations of the casino law, regulations and the casino license agreement, the commissioners unanimously decided to suspend IPI’s gaming license and impose a total of $6.6 million in fines.

The commission also ordered IPI to pay its outstanding obligations totaling $18.6 million.

In its decision, the commission said it is indefinitely suspending the casino license for four of the five enforcement actions, and suspending it for six months for IPI’s failure to pay the $20 million annual community benefit fund.

Read more: https://mvariety.com/news/casino-commission-suspends-ipi-gaming-license-imposes-6-6m-fine/article_a500c698-a3c9-11eb-a211-3be8bd130623.html
(Marianas Variety)

Latest Discussions»Region Forums»U.S. Territories»CNMI casino commission su...