Time is running out for Tinian Dynasty Hotel and Casino’s new investor.

The northern Marianas-based resort is scheduled to shut down its operations later this month due to lack of guests following typhoon Soudelor, but gaming officials said it will take some time before its new investor, Tinian Entertainment Co. (TEC), can take over.

Marianas Variety quoted Lucia Blanco-Maratita, executive director of Tinian Casino Gaming Control Commission (TCGCC), who said that TEC’s application for a casino license is already “substantially complete,” but there are still “suitability investigations” that has to be completed.

According to the Tinian mayor’s office, TEC has to make an additional $100,000 deposit on Wednesday (Sept. 9) as refundable investigative funds. The investor has already made an initial payment of $100,000.