Imperial Pacific rakes in $1.7 billion in June

Saipan casino operator Imperial Pacific International Holdings Ltd has announced its temporary casino Best Sunshine’s VIP table games rolling chip turnover in June was US$1.7 billion.

In a filing to the Hong Kong Stock Exchange, the operator also said it will announce its unaudited VIP table games rolling for the previous month on the second day of each month going forward.

In May, Imperial Pacific said its temporary casino reached “saturation point” after pulling in a total VIP table games roll of $6.1 billion in the first quarter of 2016.

The intake averaged about $2 billion a month.

“Following the launch of VIP gaming operations of the Temporary Casino in November 2015, the Board has taken into account the unaudited VIP table games rolling for the past six months, the actual operational scale and service reception capability of the Temporary Casino as well as the number of hotels situated in Saipan,” the company said in a Hong Kong Stock Exchange filing at the time. “The Board anticipates that the VIP gaming operations will cease to grow and have become saturated prior to the completion of the town hotel, Grand Mariana Casino and Hotel Resort, located at Garapan, Saipan by late 2016,” it said.

The temporary casino is now operating a total of 16 VIP tables, up from 12 at the year end, though its mass tables have dropped to 32 from 34.