Asia
Saipan Casino Control Commission Extends Deadline for IPI’s IR Completion
The Saipan Casino Control Commission has agreed with Imperial Pacific International Holdings (IPI) to extend its integrated resort (IR) completion deadline to February, 2021.
IPL is now planning to open the Saipan casino resort by September, 2019. The developer, in an announcement made to the Hong Kong Stock Exchange, said that it plans to open only phase 1 of its integrated resort development, called “Imperial Palace Saipan.”
The IR was expected to be completed by August, 2018, but IPI said it missed the deadline due to “the drastic reduction and non-availability of sufficient skilled and qualified construction labourers locally in Saipan and mainland USA.”
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