Imperial Pacific issues profit warning ahead of expected 2018 loss
Imperial Pacific International (IPI) has issued a profit warning for the 12 months ended 31 December 2018, stating that it expects to record a loss for the year. In a filing to the Hong Kong Stock Exchange, IPI – which...
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Imperial Pacific hoping for strong Chinese New Year as operations ramp back up
Imperial Pacific International (IPI) is hoping the resumption of normal operations on Saipan in the wake of Typhoon Yutu and the installation of a grand new dragon-shaped chandelier in its IR lobby will put it in good shape for the...
All Japan Poker Championship announces inaugural Saipan event
The All Japan Poker Championship (AJPC) has announced the newest stop on its Asian tour circuit with Saipan’s Imperial Pacific Resort to host its first ever poker tournament from 13 to 17 February 2019. The addition of a Saipan event...
November CNMI arrivals plummeted to just 5,595 after Typhoon Yutu, authority reveals
The Marianas Visitors Authority (MVA) has revealed the full impact that Super Typhoon Yutu had on the Northern Mariana Islands (CNMI), with the number of people arriving in Saipan, Tinian and Rota plummeting to just 5,595 through the entirety of...
Imperial Pacific fails to reach agreement to take over Mariana Resort operations
Imperial Pacific International (IPI) won’t be taking over management of Saipan’s Mariana Resort & Spa any time soon after the RFP expired with no agreement reached with the Department of Public Lands (DPL). IPI had been expected to assume the...
Mark Brown says Imperial Pacific on track to meet construction deadlines
Imperial Pacific International Chairman Mark Brown says the company remains on track to meet its deadlines for completion of Imperial Pacific Resort, despite being forced to lay-off staff and reduce operations in the wake of the devastating Typhoon Yutu that...
Imperial Pacific says staff layoffs essential to long-term survival
Hong Kong-listed Imperial Pacific International (IPI) has defended its decision to cut a large number of staff at its Saipan integrated resort last week, claiming the layoffs were necessary in order to ensure the company’s survival. IPI issued a lengthy...
Imperial Pacific resumes Saipan casino operations after two day closure
Imperial Pacific International (IPI) has resumed casino operations at its Saipan IR, Imperial Pacific Resort, after shutting down on Friday due to the effects of Typhoon Yutu. In a filing to the Hong Kong Stock Exchange late Sunday, IPI confirmed...
