Saipan casino struggles to survive

With a casino monopoly on the US Pacific island Saipan and a history of reporting multibillion dollar monthly VIP action, Hong Kong listed Imperial Pacific International says it can’t pay its casino license fees or legal judgments against it, and its beachfront hotel remains unfinished despite a purported US$900 million investment. New CEO Donald Browne says IPI has a new plan, if it can survive Covid-19.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a editor at large for Inside Asian Gaming, contributor to Forbes, columnist/correspondent for Asia Times, and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Saipan casino brings Macau to America

The tiny casino in a shopping mall on US Pacific island Saipan reports more high roller betting than Venetian Macao, using Macau tools and connections. But casino owner Imperial Pacific International is struggling to raise money to complete its beachfront hotel with a full-fledged casino.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Vladivostok brings Russia to Asian gaming party

Lawrence Ho-controlled Summit Ascent has announced first results from its Vladivostok casino, targeting gamblers from China, South Korea and Japan.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

Macau junket promoters try casino ownership

As Macau’s VIP revenue continues to fall, junket promoters are moving into casino ownership in different ways.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.

US territory Saipan, promised $7 billion resort, gets mall casino

In US Pacific territory Commonwealth of Northern Marianas, a $7 billion integrated resort promise for Saipan begins with a shopping mall casino. Project developer Imperial Pacific, a Hong Kong listed company linked to Macau junket promoter Heng Sheng Group, plans to deliver the resort in pieces.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.