Just the start ‐‐ the little casino that can

When Hong Kong‐listed Imperial Pacific said it would double its planned investment on Saipan, a tiny Pacific territory that forms part of the Commonwealth of Northern Mariana Islands, it’s fair to say eyebrows in the industry were raised. Many doubted the island, with its limited infrastructure, would be able to attract enough visitors to generate a return on an investment of that magnitude. Now, almost a year after its temporary casino began operations, the market is beginning to see the vision materialize The property held a soft opening in July last year with just 10 tables and immediately took US$400,000 to US$500,000, averaging around 5,800 customers a day. In April, it achieved an eye-­popping US$3.2 billion of rolling volume and it has delivered an average of about $2 billion a month in table games roll since November 2015 when it began VIP operations and held its official opening of the temporary...

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