Best Sunshine steps closer to a casino land lease

Best Sunshine International Ltd. is on the cusp of securing a lease of fresh land after officials in the Commonwealth of the Northern Mariana Islands – a Pacific territory of the United States – finally issued an Intent to Award notice.

The Saipan Tribune however pointed out that the Department of Public Lands (DPL) has set some conditions for the issuance of the notice to Best Sunshine, a unit of HongKong-listed Imperial Pacific International Holdings Ltd. which operates a temporary casino in Saipan.

Citing an unnamed source, the DPL asked Best Sunshine to include items like authorization for DPL to obtain bank or financial information from the casino to vet project financing and a timetable for the project, among others.

The DPL, for its part, did not deny nor confirm the information of the unnamed source.