{"id":24958,"date":"2014-05-08T09:12:31","date_gmt":"2014-05-08T09:12:31","guid":{"rendered":"http:\/\/gaming-awards.com\/NEWS\/?p=24958"},"modified":"2014-05-08T09:12:31","modified_gmt":"2014-05-08T09:12:31","slug":"2-billion-casino-resort-bid-for-saipan-island","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/2-billion-casino-resort-bid-for-saipan-island\/","title":{"rendered":"$2 billion Casino Resort bid for Saipan Island"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div id=\"attachment_24960\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-24960\" class=\"size-medium wp-image-24960\" alt=\"Saipan Island arrowed on map\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world-300x222.jpg\" width=\"300\" height=\"222\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world-300x222.jpg 300w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world-250x185.jpg 250w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world-120x90.jpg 120w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2014\/05\/saipan-map-world.jpg 400w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-24960\" class=\"wp-caption-text\">Saipan Island arrowed on map<\/p><\/div>\n<p><span style=\"font-family: Calibri;\"><span style=\"color: #000000; font-size: medium;\">A major investor in Macau\u2019s VIP <\/span><span style=\"color: #000000; font-size: medium;\">\u00a0<\/span><span style=\"color: #000000; font-size: medium;\">rooms has made a bid for a $2 billion casino resort development in the <\/span><span style=\"font-size: medium;\">Western Pacific Ocean island of Saipan.<\/span><\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">First Natural Foods Holdings said it will invest the sum if it receives an exclusive license to run a casino on the island which is part of the Northern Mariana Islands a commonwealth territory of the United States.<\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">The firm which is a listed company on the Hong Kong Stock Exchange said that its subsidiary company Best Sunshine International Ltd, had submitted a business plan to local authorities on the island for the only casino resort there. First Natural wants to build four luxury hotels with 2,000 rooms and villas along with a casino on Saipan with its initial investment of $2 billion which could rise even more.<\/span><\/p>\n<p><span style=\"color: #000000; font-family: Calibri; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"font-family: Calibri;\"><span style=\"color: #000000; font-size: medium;\">Local newspapers on the island say this is the second bid for a casino resort which will focus on Chinese gamblers. The first bid is from <\/span><span style=\"font-size: medium;\">Marianas Stars Entertainment another Hong Kong listed company.<\/span><\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">The island governor Eloy Inos said that because both casino projects target the Chinese market they will hire experts from Macau to review the bids. The governor added that the casino resort can provide \u201can economic future for many families.\u201d<\/span><\/p>\n<p><span style=\"font-family: Calibri; font-size: medium;\">\u00a0<\/span><\/p>\n<p><span style=\"font-family: Calibri;\"><span style=\"font-size: medium;\">It is expected that the successful bidder will be announced on June 20<\/span><sup><span style=\"font-size: small;\">th<\/span><\/sup><span style=\"font-size: medium;\"> of this year.<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; A major investor in Macau\u2019s VIP \u00a0rooms has made a bid for a $2 billion casino resort development in the Western Pacific Ocean island of Saipan. \u00a0 First Natural Foods Holdings said it will invest the sum if it receives an exclusive license to run a casino on the island which is part of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":24959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,11,8,7],"tags":[],"class_list":["post-24958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-gaming","category-headlines","category-latest","category-macau"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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