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Sun Apr 25, 2021, 05:23 PM

CNMI: No more junket licenses for Imperial Pacific International

CHINA’S blacklisting of overseas gambling operations has prompted the Commonwealth Casino Commission to suspend the issuance of licenses for Imperial Pacific International’s junket operators.

According to Slots casino.co.uk, “Junket operators are best described as a mixture of a travel agency, VIP hospitality service, and semi-banking firms. These companies have the objective of reaching out to high rollers and [providing] them with specialized offers to come and gamble at a particular casino.”

During the recent casino commission’s hearing on enforcement actions against IPI, the commissioners issued Order 2021-003 that prohibits the issuance or renewal of licenses for junket activity.

The order also forbids the commission’s executive director from processing any application for a new license or license renewal.

Read more: https://mvariety.com/news/no-more-junket-licenses-for-ipi/article_35b9a81e-a57b-11eb-99e9-7ba019c83c72.html

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