Saipan okays junkets, waives Imperial Pacific’s bankroll rules

Saipan casino operator Imperial Pacific International (IPI) has three more junket options after local gaming regulators approved more VIP gambling promoters.

Late last week, the Commonwealth Casino Commmission (CCC) approved provisional licenses for three junket operators – Bula Mula LLC, High Tides LLC and Stellar Paradise LLC – to start steering high-rolling gamblers to the VIP rooms at IPI’s Imperial Pacific Resort casino, the only gaming venue on the island.

If those names sound familiar, they were among the four companies the CCC identified last September as having already secured license approval. According to the Saipan Tribune, all three junkets approved last week were represented at the CCC hearing by the same lawyer, Michael Dotts.

Despite this approval, it may be some time before the impact of these new junkets can be felt, as CCC exec director Edward Deleon Guerrero said the three companies had yet to complete their documentation requirements and are still setting up local bank accounts and other operational box-ticking.