Saipan casino candidates reportedly Hong-Kong backed

    The two investor groups that have officially applied for a license to develop a casino resort on Saipan are backed by Hong Kong companies, according to media reports.

    Best Sunshine International Ltd. is a wholly-owned subsidiary of Hong Kong Stock Exchange-listed First Natural Foods Holdings, while Marianas Stars Entertainment Inc. is partly owned by the new owner of Tinian Dynasty Hotel & Casino, Hong Kong-based Mega Stars Overseas Ltd, they said. Marianas Stars has been incorporated, while Best Sunshine has yet to apply for a CNMI business license.