Tinian delegation green-lights online gaming

The Tinian and Aguiguan Legislative Delegation have passed a bill that will allow online gaming in the municipality, according to the Saipan Tribune. 

House Local Bill 20-30, introduced by Rep. Edwin Aldan, also amends the casino license fee and tax rate in the Tinian Casino Gaming Control Act of 1989.

According to the new bill, only operators with an operational hotel-casino complex casino, along with a hotel with at least 300 rooms are allowed to offer internet gambling. The operator will also be required to use geolocation software to limit internet gaming activities to jurisdictions where the conduct of internet gaming is legal.

Regarding amendments to the license fees, the annual conditional or plenary license fee has been amended to US$500,000. A licensee also has the option to to pay an annual conditional or plenary license fee of $2 million and waive payment of casino revenue taxes at the stated tax rate.

To operator internet gaming, a licensee may opt to pay an additional annual fee of $300,000. This fee may be waived for a casino licensee who opts to pay an annual plenary or conditional casino license fee of $2 million but may not waive payment of internet gambling revenue tax.”

The proposed amendment also states that any internet gambling revenue tax of 5 percent of gross internet gambling revenue  shall be paid each month by the licensee who is granted an internet gaming operator license.