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Silver Heritage shuffles board after deed of company arrangement
Silver Heritage announced it has reshuffled its board following the completion of a deed of company arrangement. Former CEO Mike Bolsover is no longer a director, while DFNN's Ramon Garcia and Hatch Asia's Kirk Arambulo are among the new members.
Australia’s PointsBet goes live in Michigan
Australia's PointsBet is expanding further in the U.S., with its mobile app and digital sports betting product to go live in Michigan Friday, January 22. Michigan will mark the sixth operational state for PointsBet's sports betting product.
IPI found in contempt of court and ordered to stop all construction work
The US District Court for the NMI has ordered Imperial Pacific International to cease operations and all construction work for a week—except for the department working on payroll and security—after ruling in favor of the US Department of Labor in its petition to find IPI and Chairwoman Cui Li Jie in contempt.
IPI may hire former CNMI Senator as CEO
Imperial Pacific International has reportedly reached a verbal agreement with former CNMI Senator Ray N. Yumul to become its next CEO.
Star gives vote of confidence to Gold Coast with new tower
Star Entertainment has given a vote of confidence to the potential of the Gold Coast’s tourism industry, pressing ahead with plans to build a A$400 million “Tower for Tourism” despite the Covid-19 crisis.
Star Entertainment gets green light for second Gold Coast tower
The Star Entertainment Group said it is pushing ahead with a $400 million "Tower for Tourism" on the Gold Coast, with construction set to begin in coming weeks.
Former CEO submits IPI casino reopening plan
Donald Browne submitted a reopening plan for Imperial Pacific's casino on Dec. 3rd, before resigning his position as CEO to attend to family matters, local media reports, without giving details of the plan.
CNMI Representative appeals on behalf of stranded IPI workers
CNMI Representative Edwin K. Propst (D-Saipan) has taken up the cause of Imperial Pacific International’s stranded workers.
IPI general counsel steps down with no announced replacement
Veteran lawyer Michael Dotts has ended his term as general counsel of Imperial Pacific International, noting that the company stopped paying him in December. Nevertheless, he is still a lawyer for IPI in a few ongoing cases.
Silver Heritage plans share issue to pay down debt
Silver Heritage said it plans to issue 53,000,795 ordinary shares at A$0.01 each to fund the retirement of debt.