CNMI to increase penalty ceiling under new bill

The House of Representatives is looking at increasing the maximum fine that can be imposed on players, licensees, vendors and employees of Imperial Pacific International under a new bill, local media reports.

If adopted, the new bill will see the present penalty ceiling of $50,000 to increase to $800,000.

According to House Gaming Committee chair Rep. Joseph Deleon Guerrero, the penalty ceiling would be the largest amount imposed on a casino in the US.

“It is three times higher than any US jurisdiction,” said Guerrero, adding that the $800,00 would act as a deterrent.