A Macau junket investor plans to build a US billion destination resort with gaming on the western Pacific island of Saipan.
Hong Kong-listed Imperial Pacific International Holdings, a stakeholder in the Hengsheng Group junket, was awarded the sole casino licensed authorized by the government of the island, the largest in the U.S. Commonwealth of the Northern Marianas, and is reported to be scouting locations.
The casino would be the first on Saipan. The neighboring island of Tinian is host to the commonwealth’s only operating casino, which is owned by a Hong Kong-listed company, also with Macau casino ties, called Marianas Stars.
Marianas also had bid for the Saipan license in a process that was fraught with contention and accusations of shady dealings.
