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A Chinese Casino Has Conquered a Piece of America
Article

A Chinese Casino Has Conquered a Piece of America

Construction workers maimed and killed. Millions paid to the governor’s family.


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Editorial Rating

7

Qualities

  • Innovative
  • Eye Opening
  • Engaging

Recommendation

Ever heard of the Commonwealth of the Northern Mariana Islands? It’s a remote US territory in the North Pacific Ocean consisting of 14 mostly uninhabited islands. Yet if you are looking for a secluded island paradise to get away from it all, a casino on the main island of Saipan may spoil your tropical dreams. Writing for Bloomberg Businessweek, Matthew Campbell tells the story behind a Chinese gambling operation that is as lucrative as it is brazen. If you would like to find out how a casino operator has been able to flout US law with near impunity, getAbstract highly recommends Campbell’s investigative report.

Take-Aways

  • In 2014, Chinese casino operator Imperial Pacific. secured a lucrative casino license on Saipan, a remote US territory in the Pacific. 
  • Imperial Pacific quickly started to generate VIP bets of more than $2 billion per month, making it, “on paper, the most successful gambling operation in history.”
  • The casino’s customers are mostly affluent Chinese eager to move their money abroad.

About the Author

Matthew Campbell is a writer for Bloomberg Businessweek


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