It’s been a tumultuous couple of years for Imperial Pacific International (IPI), but it hasn’t been anything the casino operator didn’t bring on itself. From a chairperson who is “clueless” about certain laws to a repeated inability to pay its debts, the company behind Saipan’s Casino Palace in the Commonwealth of Northern Mariana Islands (CNMI) has had to face one problem after another. However, at least there is some good coming out of all the drama, as CNMI lawmakers are moving to reshape the commonwealth’s gaming industry and make it more sustainable.
One of the measures being discussed, according to the Saipan Tribune, involves separating the oversight of IPI to segregate its casino operations from its hotel operations. A bill, Senate Bill 22-09, was introduced by Senator Victor B. Hocog to allow the Commonwealth Casino Commission (CCC) to regulate IPI’s casino activity, while all non-gaming activities would be regulated by other entities. The CCC had initially been created because of IPI’s casino license, and shouldn’t be involved in other facets of the operation, according to Hocog.
The bill was drafted on request of IPI and found support when it was discussed by the CNMI Senate. Most of the chamber’s members signed off as it went through its first, and final, reading, but not everyone was ready to approve the measure. Senators Paul A. Manglona and Edith E. DeLeon Guerrero voted against it, while Senator Teresita A. Santos abstained from voting.
Part of the reason the two senators disapprove of the bill could be because they have plans of their own. Manglona and DeLeon Guerrero have filed Senate Bill 22-23, which would authorize a second casino license in the CNMI. Currently, IPI has an exclusive licensing agreement in the commonwealth, which has already proven to be a huge mistake, and, should the CCC decide to revoke that license, the new bill opens up the possibility of increasing the local gaming market. IPI’s license revocation, should it occur, would allow that license to be reissued and a second one issued, according to the legislation.