Saipan down to one casino bidder

    There now appears to be one sole bidder for a license to run a casino on Saipan after Marianas Stars Entertainment failed to deposit $30 million in an escrow account by the May 5th deadline, according to media reports. However, the rejection of Marianas Stars Entertainment’s application does not mean Best Sunshine International will now get the exclusive casino license, as the Hong Kong-based company’s plan still needs to be reviewed, the report said. The government is legalising casinos to boost revenue to fill a pension-funding shortfall.