Imperial Pacific International’s newly appointed CEO Donald Browne has reportedly told members of the House of Representatives Gaming Committee that the government’s actions have made them feel unwanted on Saipan.
“There’s word on the street that there are already three or four other people lined up to take our livelihood away. We can’t stand for that,” Browne was cited as saying by the Saipan Tribune.
Browne also said the uncertainty over whether the company will retain its gaming license is affecting a potential reopening plan for the casino.
Rep. Joseph Lee Pan Guerrero (R-Saipan) has said he is not sure about backing IPI’s bid to reopen because of the high number of lawsuits affecting the company, as well as issues with staff not having been paid.
Browne also said the reopening plans and fortunes of the casinos may be impacted by relations between the U.S. and China, while the Commonwealth of Northern Mariana Islands’ Hotel Association doesn’t expect hotels to open until May 2021 due to a lack of flight connections.
This Dossier results from the “Life After POGOs” editorial project by Asia Gaming Brief which culminated with a pop-up digital forum on 9th December to discuss potentials ramifications in the industry.
Covid-19 forced the rapid and unexpected closure of venues across Australia, changing the operating environment with unprecedented speed and leaving managers scrambling to adapt...
Genting Malaysia said several canteen workers at its Resorts World Genting resort had tested positive for Covid-19 during regular health screening in early January. The canteens are not accessible to the public.
The number of suspicious transaction reports filed by Macau's gaming industry fell 36.4 percent in 2020 to 1,215, the Financial Intelligence Office said.
As expected, both the Suncity Group and the Clairvest Group have filed their proposals to be selected as the IR operator partner of the Wakayama Prefectural Government.
Over the years, many of the answers have been remarkably prescient in their forecasts for the near-term direction of Asia’s gaming industry. However, we can safely say that no one came anywhere close to guessing
what 2020 may have had in store.
While nowhere in the world has escaped the economic fallout from the Covid-19 crisis, Macau has been hit harder than most, with forecasts for gross domestic product to shrink more than 50 percent this year.
Before the Covid-19 crisis, tourism in the Greater Mekong Sub-Region was at a record high, on track to welcome 80 million visitors in 2019, generating some $90 billion in revenue.
