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Fifth auction of IPI gaming equipment this Friday
Reprinted with permission
A fifth auction for gaming equipment owned by troubled Saipan casino operator Imperial Pacific International (IPI) will be held this Friday 9 June, according to limited receivers Clear Management.
Speaking with Inside Asian Gaming, Clear Management’s director of Operations Danny Ewing said inventory available this week includes Aristocrat’s Helix cabinets and game cards for Wide Screen Viridians, among other assets. However, he also noted that the complexity of establishing the inventory of remaining gaming assets was the reason for the larger space between auctions, with the previous having been held on March 10. A sixth is currently scheduled for September.
“Throughout the exercise we have had to make do with a small portable generator to provide light and power to conduct the inventory and test and check the gaming equipment,” Ewing explained. “It’s been an arduous task.
“IPI also only allows us access for limited hours. At first, we could bring out boxes of gaming utilities that had never been used and simple items such as gaming chairs and tables without too much trouble. Now what is left is harder to access and move.”
Nevertheless, Ewing said there is still “tremendous interest from around the world in the auction.
“We have smoothed out the court’s approval process and the shippers on Saipan understand how the bidders want to work now, so it’s pretty efficient,” he said. “It is also tax free for goods leaving Saipan under the auction.”
Interested parties can view available inventory for this week’s auction at www.gamingequipmentauction.com.
Originally posted on the Inside Asian Gaming website at https://www.asgam.com/index.php/2023/06/07/fifth-auction-of-imperial-pacific-gaming-equipment-to-take-place-this-friday/
