Best Sunshine International

    Best Sunshine International Limited is a wholly-owned subsidiary of Imperial Pacific Holdings Limited, a Hong Kong listed company with Exchange Code #1076 and as of May 1, 2014 has a market capitalization of over US$550 million. The Hong Kong-listed company is a Bermuda-incorporated company, whose historical business was the processing and trading of frozen and functional food products. As part of the company’s recent realignment of its core business to eco-tourism, luxury property development, entertainment and gaming, it recently acquired a stake in the revenue stream of a major junket operator which operates VIP-only gaming suites across most of the major casinos in Macau such as Wynn, Star World, Galaxy, Sands, MGM and Venetian. The operator oversees the gaming interests of thousands of high-rollers from the South East Asia region. The VIP-only gaming suites are Macau’s most luxurious and are accessible “by invitation only”.

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    Imperial Pacific casino gets green light — with conditions

    Imperial Pacific has been given the go-ahead to open its casino on Saipan provided it meets certain conditions, primarily related to health and safety. The Marianas Variety cited Commonwealth Casino Commission executive director Edward Deleon Guerrero as saying that the opening can occur once the requested information has been received and the tasks completed to […]

    Imperial Pacific seeks extension to complete casino project

    Imperial Pacific, which has pledged to invest $7 billion on the Pacific island of Saipan, has requested an amendment to its Casino License Agreement to extend the deadline to complete construction of the properties. In a press release printed in local newspaper, the Marianas Variety, the company said ”the request to extend was made necessary […]

    Saipan regulator turns back certain junket operators

    The Commonwealth Casino Commission has returned some of the applications of junket operators aiming to supply Saipan’s Best Sunshine International with VIP players. CCC executive director Edward Deleon Guerrero said they are still going through the vetting process and the background checks before they could issue another provisional license for an applicant. In September, CCC […]

    BSI submits annual workforce plan

    The CNMI Department of Labor is now reviewing Best Sunshine International’s annual workforce plan to ensure its compliance with the law, local media reports. The plan was submitted on October 4, which is a requirement of the casino license agreement, said Labor Secretary Edith Deleon Guerrero on Tuesday. The plan details the number of local, […]

    Overseas VIP gaming revenue outpaces Macau in 16Q2

    Overseas (ex-Macau) VIP gaming revenue grew 27 percent year-on-year in 16Q2 after two years of negative growth, said Morgan Stanley in a note on Tuesday. “Part of that was driven by new casinos in Saipan /Vladivostok and part from junkets moving to low tax jurisdictions like the Philippines,” said the brokerage, referring to Imperial Pacific’s […]

    Foreign worker crisis to hurt BSI

    Some 1,300 foreign workers in Saipan will be “shepherded out” by October, amid an ongoing contract worker crisis in the Commonwealth. The crisis has already affected Saipan’s Best Sunshine International, according to Commonwealth Casino Commission executive director Edward C. Deleon, with over 130 casino employees who will have to leave the Commonwealth in July, reports […]

    Imperial Pacific rakes in $1.7 billion in June

    Saipan casino operator Imperial Pacific International Holdings Ltd has announced its temporary casino Best Sunshine’s VIP table games rolling chip turnover in June was US$1.7 billion. In a filing to the Hong Kong Stock Exchange, the operator also said it will announce its unaudited VIP table games rolling for the previous month on the second […]

    Saipan casino’s May VIP roll hits $2.52 billion

    Imperial Pacific said its temporary casino on the island of Saipan generated VIP table roll of $2.52 billion for May, down from the $3.18 billion generated in April. Since opening in November last year, the casino has generated an average monthly roll of about $2 billion, mostly from China VIPs. The company recently said the […]

    Best Sunshine is financially able, says CNMI casino commission

    Imperial Pacific, operator of Best Sunshine International, has been deemed financially able to complete construction of its $500 million Grand Mariana Casino Project in Garapan, according to local media sourced from the Commonwealth Casino Commission. The commission reportedly met with Best Sunshine executives to access its ability to complete the $500 million project on Jan. […]

    Junket operator applications finalized for Saipan Casino

    The Commonwealth Casino Commission has approved regulations and guidelines that would allow junket operators to bring high rollers to the Saipan Casino, local media reports. Owner of the Saipan Casino, Best Sunshine International Ltd, as well as commission executive Edward C Deleon Guerrero said  they will be anticipating applications soon. “The success of Best Sunshine, […]

    Best Sunshine to build glass enclosures to comply with anti-smoking law

    Best Sunshine International is currently seeking approval from its lessor, T Galleria, to build glass enclosures to address previously discussed concerns regarding smoking and public health at the Saipan casino. According to Best Sunshine Legal Council Viola Alepuyo, Best Sunshine International must gain approval from T Galleria’s Hong Kong headquarters before the glass enclosures can […]

    Best Sunshine holds grand opening

    THE temporary casino at T Galleria is now in full operation. On Friday night, Nov. 27, Best Sunshine live-training facility or temporary casino at T Galleria in Garapan on Saipan held its grand opening in a ceremony that melded the cultural elements of the east and the west. “Tonight is the give thanks to everyone,” said […]

    Best Sunshine details plans for luxury Saipan resort

    Best Sunshine International has detailed plans for its luxury resort on Saipan, saying rooms will be about three times the size of those currently available on the South Pacific island. Local media cited senior vice president Tao Xing as saying at a press conference that the property will be the “most luxurious” integrated resort in […]

    Imperial Pacific gets green light to proceed with city casino

    Hong Kong-listed Imperial Pacific said it has been given the green light to proceed with the construction of a new town hotel, the Grand Mariana Casino and Hotel Resort, as part of a $7 billion in planned investments in Saipan. The company said it had received a “notice to proceed” from the the Division of […]

    Saipan business leaders call for “right size” casinos

    Alexander Sablan, head of the Saipan Chamber of Commerce, said the organization has officially asked the government to play a more active role in ensuring a planned casino development for the island is the correct size. Speaking at a Guam Chamber of Commerce meeting on Tuesday, Sablan expressed concern that a resort that was too […]

    Konami to provide games to Best Sunshine

    Konami Gaming will be given a license to sell gaming machines and furniture to Best Sunshine International, which is building a casino on Saipan in the Commonwealth of Northern Mariana Islands, local media reports. It will be the first vendor allowed to do business with the operator on the island. The company has already begun […]

    Best Sunshine runs into hot water over T Galleria lease

    Best Sunshine International, which is planning to build a $7 billion integrated resort on the island of Saipan in the Commonwealth of Northern Marianas, appears to have clashed with the territory’s Casino Commission. The regulator has asked the company, a unit of Hong Kong-listed Imperial Pacific, for the copy of a lease agreement it has […]

    Best Sunshine signs land deal for Saipan project

    Best Sunshine International has finally signed a lease agreement with the Department of Public Lands for a parcel of land where the first phase of its $7.1 billion Saipan casino development will be located. The group signed a 40-year lease on the 19,154 sq. m. of public land in Garapan at the site formerly known […]

    Just the start ‐‐ the little casino that can

     When Hong Kong‐listed Imperial Pacific said it would double its planned investment on Saipan, a tiny Pacific territory that forms part of the Commonwealth of Northern Mariana Islands, it’s fair to say eyebrows in the industry were raised.