Imperial Pacific International Holdings Limited, operator of a temporary casino on the island of Saipan – located in the Northern Mariana Islands – has voluntarily announced unaudited results for their VIP table games rolling chip turnover for June, amounting to US$1.66 billion (HK$12.85 billion). The announcement comes as a continuation of their pledge to: ‘announce on the second day of each month the unaudited VIP table games rolling for the previous month’. The group saw a 35 per cent drop in its VIP table games rolling chip turnover as compared to the previous month, and the US$1.66 billion figure marks the lowest value the group has seen since December of last year, when rolling chip turnover reached US$1.44 billion (HK$11.18 billion). Since then it saw its highest mark in April, totaling US$3.18 billion (HK$24.74 billion) followed by a slide to US$2.53 billion in May, before June’s month-on-month drop to US$1.66 billion. The group previously announced that VIP operations had reached saturation, however, CEO Mark Brown of Best Sunshine International, the operator of the casino, told Business Daily previously that average returns were expected to continue coming in at “US$2 billion a month”. The island’s operations work without fixed junket operators, with the group handling its credit operations internally while in possession of a 40-year monopoly on gaming in the area. The group hopes to open its Grand Mariana property on the island “at the end of this year,” Brown told Business Daily. K.W.
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