Imperial Pacific International’s Saipan casino is facing yet another hurdle in its quest for success as it grapples with the issue of further cannibalization. Despite being touted as a lucrative venture when it first opened its doors, the casino now finds itself battling fierce competition from neighboring gambling establishments. With the recent opening of a new casino nearby, Imperial Pacific is witnessing a steady decline in its customer base and revenue. This setback raises concerns about the future viability of the Saipan casino, forcing the company to explore innovative strategies to regain its lost market share and position itself as a top destination for gamblers once again.
Imperial Pacific International’s Saipan Casino: Battling Increased Cannibalization
Imperial Pacific International (IPI) in the Commonwealth of Northern Mariana Islands (CNMI) still has outstanding debt, even though it has paid down some of it. This is because the company has not settled a lawsuit it lost against a former manager. As a result, IPI is now at risk of losing the massive crystal dragons that have been displayed in the lobby.
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