In March 2007, following the payment of a US$250,000 investigation fee, a Tinian government delegation and members of the Tinian Casino Gaming Control Commission (TCGC) left for Korea to conduct a search into the affairs of a company wanting to develop a casino resort on the island. Marianas Resort Development Co, a Korean owned consortium, had plans to invest US$309 million in the Matua Bay Resort not far from the Tinian international airport.

A team of officials from the TCGC are once again in Seoul, this time to investigate another Korean company that also plans to invest in a casino resort on Tinian. The Neo Gold Wings Paradise Saipan Corp project is for a US$200 million resort that will include a 1,000-room hotel, a casino, a water park, and a golf course. The financial review being conducted is the next step in the licensing process.

Construction on the Tinian Oceanview Resort and Condominiums, a project by the Bridge Investment Group, is at an early stage despite the TCGC granting the company a casino licence some time ago. The Marianas Resort Development Co this month presented its futuristic design for a major 405-room hotel and resort it plans to build. (E-08.22.08)

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