Saipan casino gets hotel extension, axes builders

Imperial Pacific International Holdings’ Saipan casino got a lengthy extension for completing its long delayed hotel in the US Pacific territory. The Hong Kong listed company with its roots in junket promoter Heng Sheng promptly laid off 80 construction workers, the latest turn in this twisted tale.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes, editor at large for Inside Asian Gaming and author of Hong Kong On Air, a novel set in his adopted hometown during the 1997 handover about television news, love, betrayal, high finance, and cheap lingerie. See his bio, online archive and more at www.muhammadcohen.com; follow him on Facebook and Twitter @MuhammadCohen.