IP Breaks Its Own Record

Imperial Pacific International Holdings, which operates the Best Sunshine Live temporary casino on the Pacific island of Saipan in a shopping mall (l.), has set a record for VIP turnover for the month of January.

16 gaming tables

January was a good month for Imperial Pacific International Holdings, which operates the Best Sunshine Live casino on Saipan, an island in the Northern Marianas chain.

In a February 2 filing to the Hong Kong Stock Exchange, Imperial Pacific said the property generated US$5.59 billion in turnover for the month at a total of 16 VIP gaming tables. That’s $1.6 billion more than the last record set by Best Sunshine in September, according to the website Yogonet.com.

Imperial Pacific holds the sole casino license on Saipan. The temporary casino will be replaced by a permanent integrated resort this year. Last year, Bloomberg News called Best Sunshine “possibly the most successful casino of all time,” posting numbers that “stagger industry veterans.”

Reported daily revenue for each of its 16 VIP tables for the first six months of 2016 was about $170,000, almost eight times the average at the largest casinos in Macau, the world’s premier gaming destination.