• Subscribe
  • Magazines
  • About
  • Contact
  • Advertise
Friday 5 September 2025
  • zh-hant 中文
  • ja 日本語
  • en English
IAG
Advertisement
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
    • Africa
    • Australia
    • Cambodia
    • China
    • CNMI
    • Europe
    • Hong Kong
    • India
    • Japan
    • Laos
    • Latin America
    • Malaysia
    • Macau
    • Nepal
    • New Zealand
    • North America
    • North Korea
    • Philippines
    • Russia
    • Singapore
    • South Korea
    • Sri Lanka
    • Thailand
    • UAE
    • Vietnam
  • Events
  • Contributors
  • SUBSCRIBE FREE
No Result
View All Result
IAG
No Result
View All Result

Saipan Ready To Try Again

Newsdesk by Newsdesk
Wed 26 Feb 2014 at 01:01
1
SHARES
22
VIEWS
Print Friendly, PDF & Email

The leader of Saipan’s House of Representatives has introduced a new bill legalizing casinos on the western Pacific island—the fourth in four years—and one that is expected, like its predecessors, to face obstacles in the Senate.

“Things have changed over the past months,” Ralph Demapan told the Saipan Tribune.

Mostly what’s changed is that the government of the US territory needs revenue more than ever. It has been mandated to pay annually into a retirement fund, pensions have been cut by 25%, and government health insurance premiums have increased, on top of other public health services.

Which are the only reasons why Senate President Ralph Torres says he’s prepared to consider the latest measure.

The Senate has nine members, three each from Saipan, Rota and Tinian, the three main islands constituting the Commonwealth of the Northern Marianas. Casinos are legal on Rota and Tinian, whose leaders have been protective of their tiny markets. They claim their casinos would be harmed if casinos are also allowed on Saipan, the largest island of the group.

The most recent bill passed the House last June by a vote of 13-7, but predictably it died in the Senate.

Among Saipan’s population of 48,000, casinos remain a divisive issue as well. Voters have twice rejected them because of concerns about social impacts.

Mr Demapan, however, says that with the recent legalization of machine gaming and video lottery on the island, this time is different. His new bill provides for only one license instead of the multiple venues envisioned by the earlier bills. The 25-year license will require a US$30 million payment up front and $15 million a year after that, along with a tax on gross gaming revenue and other taxes and fees.

RelatedPosts

First auction of Imperial Pacific gaming equipment postponed

IPI’s abandoned Saipan hotel and casino building shows signs of wear and tear but no immediate danger ahead of planned sale

Tue 5 Aug 2025 at 05:34
Pacific puzzle

Creditors committee pushing for casino license to be included in liquidation of IPI’s Saipan assets

Tue 24 Sep 2024 at 05:31
Pacific puzzle

Imperial Pacific owes more than US$87.5 million to CNMI government

Mon 24 Jun 2024 at 05:45
Pacific puzzle

Creditors committee files motion questioning identity of Hong Kong individual said to be providing US$7 million loan to Imperial Pacific

Tue 18 Jun 2024 at 06:44
Load More
Tags: Saipan
ShareShare
Newsdesk

Newsdesk

Current Issue

Editorial – Flipping the script

Editorial – Flipping the script

by Ben Blaschke
Thu 28 Aug 2025 at 12:30

This month represents an important milestone for Inside Asian Gaming as we launch IAG EXPO – an expansion of the...

Asia market roundup

Asia market roundup

by Ben Blaschke
Thu 28 Aug 2025 at 12:26

Inside Asian Gaming takes a deep dive into the state of Asia-Pacific’s key gaming markets: who’s hot, who’s not and...

Rewriting the rules

Rewriting the rules

by Newsdesk
Thu 28 Aug 2025 at 11:43

IAG EXPO, taking place at Newport World Resorts from 8 to 10 September, is not your usual trade show. IAG...

Test of character

Test of character

by Newsdesk
Thu 28 Aug 2025 at 11:28

Since its establishment in 1989, Gaming Laboratories International (GLI) has developed into the world’s most trusted name when it comes...

Evolution Asia
Your browser does not support HTML5 video.
Aristocrat
GLI
Nustar
SABA
Mindslot
Solaire
Hann
Tecnet
NWR

Related Posts

MGM Cotai

Bill Hornbuckle: Macau promotional environment now locked in place despite rapid return of VIPs

by Ben Blaschke
Fri 5 Sep 2025 at 06:45

Macau’s notoriously aggressive promotional environment has settled into a rhythm, according to MGM Resorts CEO and President Bill Hornbuckle – despite competition in the premium gaming segments rising as former junket players return to the city in swathes. Hornbuckle discussed...

AGEM Index up 14.4% in October on Aristocrat, Light & Wonder stock price gains

AGEM Index grows 5% in August as Konami, Aristocrat show strong stock performance

by Newsdesk
Fri 5 Sep 2025 at 05:56

The AGEM Index – a monthly stock performance guide comprising 10 global gaming suppliers – grew by 5.0% month-on-month or 93.66 points to 1,983.73 points in August, with Konami seeing the largest positive contribution. Konami had only last month been...

A New Macau

Macau GGR now seen hitting US$31.8 billion as Jefferies again upgrades 2025 revenue forecast

by Ben Blaschke
Fri 5 Sep 2025 at 05:40

Investment bank Jefferies has again upgraded its Macau GGR forecast for 2025, with analysts now expecting gaming revenues to reach MOP$248 billion (US$31.8 billion) – revised upwards from its previous forecast of MOP$237 billion (US$29.3 billion). In a note, Jefferies...

Ciarán Carruthers: Crowning glory

Crown Resorts rolls out AI to improve player protection abilities

by Newsdesk
Fri 5 Sep 2025 at 05:37

Australia’s Crown Resorts is rolling out artificial intelligence (AI) technology across its gaming floor with a view to better identifying risk distribution among its guests and allowing these risks to be identified and addressed to enhance player protection. The GameScanner...

Your browser does not support the video tag.


IAG

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • SUBSCRIBE FREE
  • NEWSFEED
  • MAG ARTICLES
  • VIDEO
  • OPINION
  • TAGS
  • REGIONAL
  • EVENTS
  • CONSULTING
  • CONTRIBUTORS
  • MAGAZINES
  • ABOUT
  • CONTACT
  • ADVERTISE

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Subscribe
  • Newsfeed
  • Mag Articles
  • Video
  • Opinion
  • Tags
  • Regional
  • Events
  • Contributors
  • Magazines
  • Advertise
  • Contact
  • About
  • Home for G2E Asia

© 2005-2025
Inside Asian Gaming.
All rights reserved.

  • English