CNMI Governor Ralph DLG Torres Willing to Revise New e-Gaming Licence Fee

cnmi-governor-ralph-dlg-torres-willing-to-revise-new-e-gaming-licence-fee

cnmi-governor-ralph-dlg-torres-willing-to-revise-new-e-gaming-licence-fee

Reading Time: < 1 minute

 

Ralph DLG Torres, Governor of the Commonwealth of the Northern Mariana Islands, has said he is willing to form a working group to devise a more reasonable increase for e-gaming licence fees. The news comes after Mariana Entertainment and MP Holdings asked the Saipan and Northern Islands Legislative Delegation to amend the increased fee.

The current law signed by Gov. Ralph DLG Torres imposes an additional fee of 15% on all electronic gaming devices on Saipan, including machines located within e-gaming facilities or hotels. He has now said that he hopes a group can look at how to assist the affected e-gaming operators.

Torres said: “I understand that the business entities are struggling with the new fees but I believe that there has also got to be a solution.”

He added: “We do need additional revenue, and I have asked the Legislature to look at additional revenue-generating bills, but I’m not asking the Legislature to impose additional taxes on the community.”

The increased fee was proposed by Rep. Ralph Yumul, the brother of the CEO of Imperial Pacific International, a direct competitor to the slot parlour, which the e-gaming operators say causes a conflict of interest.

The post CNMI Governor Ralph DLG Torres Willing to Revise New e-Gaming Licence Fee appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.


Source: Eastern European Gaming – Affiliate Programs – News – Legal Updates