HK-listed firm plans casino in Saipan
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[HONG KONG] An investor in one of Macau's largest junket operators plans to build a US$3 billion casino resort complex in the western pacific island of Saipan amid sluggish growth at home, the world's biggest gambling market.
Hong Kong-listed Imperial Pacific International Holdings Limited, which invests in the Hengsheng Group junket, said yesterday that it was looking for a property in Saipan to build the integrated resort after being granted a 25-year casino licence by the government of the Commonwealth of the Northern Mariana Islands.
The casino would be the first large-scale integrated resort on Saipan, the largest island in the US commonwealth that is a five-hour flight from Shanghai.
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