US territory Saipan, promised $7 billion resort, gets mall casino

In US Pacific territory Commonwealth of Northern Marianas, a $7 billion integrated resort promise for Saipan begins with a shopping mall casino. Project developer Imperial Pacific, a Hong Kong listed company linked to Macau junket promoter Heng Sheng Group, plans to deliver the resort in pieces.

Totally globalized native New Yorker and former broadcast news producer Muhammad Cohen is a blogger for Forbes 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; follow him on Facebook and Twitter @MuhammadCohen.