A complaint has been filed against the Imperial Pacific International.
Executive Director of COMMONWEALTH Casino Commission Edward Deleon Guerrero filed a complaint on Monday as the gambling operator failed to pay its tax obligations. The casino did not pay in full its annual license fee of $15 million.
In his statement to the press, Gurrero said that Imperial Pacific has 15 days to pay its tax obligations in full. He said that IPI has to pay the $15 million license fee and an additional $502,570 adjusted for inflation.
Guerrero said that it was his duty to ensure that the casino complies with the rules and pays its tax obligations and in the event of the casino’s failure to do so it is also his duty to file a complaint with the commission.
He confirmed that a total of $15,502,570 was due as of Aug. 12, 2019. The Director also revealed that according to the Department of Finance, Imperial Pacific International has paid $5 million and that the casino owes remaining $10,502,570.
“We have issued a complaint today that is going to the commission. That is the way we’re going to enforce this. Now IPI has 15 calendar days to cure the deficiency,” Guerrero added.
In his complaint with the commission, Guerrero has also said that according to the current provisions of the law he is also allowed to impose a fine of $50,000 on the casino for violating the license terms.