IMPERIAL Pacific International cannot hire a new chief executive officer without a casino key employee license from the Commonwealth Casino Commission, according to government gaming regulations.
In an interview on Wednesday, Casino Commission Executive Director Andrew Yeom said the commission had not issued a casino key employee license, which is a requirement for anyone who is hired by IPI for CEO and other key management positions.
Asked if he had received any application from IPI for a casino key employee license, the executive director said he had not.
Asked for comment, IPI management said: “IPI is in the process of applying [for] a CCC license for the new CEO. IPI has submitted a request to the government for the extension of the deadline for initial gaming facility completion.”
Although Yumul has not made an official statement about his appointment as new IPI CEO, federal court records indicated on Wednesday that he appeared as “IPI CEO” along with other IPI officials in a settlement conference regarding a sexual harassment case filed against IPI.
He also appeared in a status conference last week for the five complaints against IPI that were filed with the casino commission.
According to casino commission regulations, “No person shall be employed as a casino key employee unless such person is provisionally licensed or licensed as a casino key employee in accordance with these regulations. Licensure shall last for the duration specified by the Commission; provided that annual registrations of the casino key employee license are required in a form to be determined by the Executive Director or by the Commission.”
The regulations allow the casino operator to apply for a provisional license to enable the new CEO to legally represent IPI.
Variety learned that the casino commission may not issue a casino key employee license for Yumul until IPI pays the commission over $3 million in regulatory fee that was due on Oct. 1, 2020.
IPI’s failure to pay the regulatory fee is one of the five enforcement actions filed with the casino commission.
