REPRESENTATIVE Joseph M. Palacios has introduced a bill that will legalize Internet gambling on Saipan.
House Bill 17-129, or the Internet Gambling Act, will provide for the regulation and control of Internet gambling in the hope of increasing tourism and providing the government with needed revenues.
The federal Unlawful Internet Gambling Enforcement Act of 2006 prohibits the transfer of funds from a financial institution to Internet gambling sites, but House legal counsel John Cool said the commerce clause of this U.S. statute does not apply to the CNMI because of the Covenant between the local and federal governments.
Speaker Froilan C. Tenorio, Covenant-Saipan, said the House of Representatives will act on the bill this week.
Palacios, R-Saipan, said his bill will control Internet gambling œin a manner appropriate to the unique condition on the island and the aspiration of its people while maintaining certain central government functions and provisions applicable throughout the commonwealth.
The bill, which is backed by the House leadership and the administration, will not apply to lottery, to the players at the Rota and Tinian casinos and Internet service providers.
It requires the Finance secretary to administer Internet gambling with the attorney general assisting in developing regulations.
The license will be for an initial term of one year and renewable from year-to-year upon payment of a license fee to be imposed by the Finance secretary.
There will be no limitation on the number of licenses available.
An operator will be required to obtain one license regardless of the number of the games conducted or the number of assumed names used by the operator.
To the extent that a remote game is based on actual play in a casino, the casino operator œshall regulate the integrity of a play and outcome of the game, provided that the Finance secretary shall retain jurisdiction over the integrity of the system of remote wagering and payment.
Questioned for comment, Senate President Paul A. Manglon, Ind.-Rota, said he still has to review the bill.
Article source: http://www.mvariety.com/2010110831796/local-news/internet-gambling-proposed.php
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