Lu Hou Tsai, senior vice president of operations for Imperial Pacific Holdings Ltd. (IP), has confirmed that the company is moving forward with plans to build a permanent casino resort on the island of Saipan. The statement comes at the same time that Imperial Pacific announced that it is going after Bloomberg and two of the media outlet’s reporters over a series of critical articles regarding the company.

In an interview with GGRAsia, Tsai said, “This project will go through. We are working diligently to get the hotel up, because once the hotel is up, that will further assist us in increasing our cash flow.”

IP has been working on the Imperial Pacific Resort for some time, but has had a series of setbacks along the way. Nonetheless, the company’s final design for 350 hotel rooms and 15 villas is progressing forward.

“It’s not conducive to business when you have customers staying at ‘this hotel, that hotel,’” noted Tsai, referring to the present need to accommodate its existing gambling customers in other hotel properties. “Right now, we have over 1,000 construction workers on site, and our construction company is a U.S.-based construction company.”