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IPI creditor committee seeks structured dismissal of Saipan Chapter 11 case

Regulation

Imperial Pacific International's unsecured creditors committee asked the federal court on 20 July to close the company's Chapter 11 case through a structured dismissal, with remaining funds distributed under a court-approved waterfall. A hearing is scheduled for 4 August 2026; if the court approves the request, IPI's casino licence will be revoked, while earlier bankruptcy orders would remain in force.

The court's decision could end IPI's bankruptcy and formally revoke its Saipan casino licence.

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Texas lawmakers propose voter decision on casinos and sports betting in 2027

Texas lawmakers filed resolutions on 9 November proposing constitutional amendments that would let voters decide on casino gaming and in-person sports betting at an election on 2 November 2027. The proposals would permit up to 10 casino licences and cap operator taxes at 15%; a separate Senate resolution would allow the Kickapoo Traditional Tribe of Texas to offer gaming through a state-tribal compact.

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