{"id":4302,"date":"2017-02-07T00:00:00","date_gmt":"2017-02-07T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/"},"modified":"2017-02-07T00:00:00","modified_gmt":"2017-02-07T00:00:00","slug":"casino-laws-are-next-to-change-on-saipan","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/","title":{"rendered":"Casino laws are next to change on Saipan"},"content":{"rendered":"<p align=\"justify\"><font size=\"4\">Gambling laws. The P.L. 18-56 legislation only sees a segment of the licensing fee from casinos used to restore a 25% decrease in pension. The measure was introduced to amend the casino law and establish a Casino Gross Revenue Tax Account. Plans are also included for a CNMI Retiree Future Generation Pension Plan.<\/font><\/p>\n<p align=\"justify\"><font size=\"4\"><strong>The casino law of<span>&nbsp;<\/span>Saipan<\/strong>, specifically P.L. 18-56, could be amended soon if a new measure introduced by Representative Blas Jonathan Attao is approved, who says that the $15 million annual licensing fee paid by operators is not enough to cover the reduction in pension. This amount has been estimated at $17 million a year of the $15 million in fees, only $10 million goes towards the pension reduction problem. <span><a href=\"\/asia\/protests-a-cause-of-price-increment-in-the-industry\" target=\"_blank\" style=\"color: #00f; text-decoration: underline;\" rel=\"noopener\">(READ SO PROTESTS A CAUSE OF A PRICE INCREMENT)<\/a><\/span><\/font><\/p>\n<p align=\"justify\"><font size=\"4\">The new measure, House Bill 20-28, is actually like a bill that the representative had introduced two years ago, the former measure would have removed $1 million for Saipan, based on current law, and $4 million allotted for Rota and<span>&nbsp;<\/span>Tinian.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/mundovideo.com.co\/assets\/contenidos\/casino-laws-are-next-to-change-on-saipan1.jpg\" alt=\"Casino laws are next to change on Saipan \" width=\"100%\" \/><\/p>\n<p><\/font><\/p>\n<p align=\"justify\"><font size=\"4\">Attao is proposing that a Casino Gross Revenue Tax Account is created to provide $2 million for Tinian and Rota, each receiving that amount, as well as $1 million for Saipan each fiscal year.<\/font><\/p>\n<p align=\"justify\"><font size=\"4\">The<span>&nbsp;<\/span><em>Marianas Variety<\/em><span>&nbsp;<\/span>reported that the bill states the annual exclusive casino fee of $15 million is a lump sum payment that is available for investment into the Settlement fund and used for the 25% pension payment. The money is also a resource that helps to assist the Trustee Ad Litem to avoid using the corpus which would affect the lifespan of the fund.<\/font><\/p>\n<p align=\"justify\"><font size=\"4\">The corpus should be protected and retirees would be able to receive their pension and this money can then be invested into the economy, which will assist in growing the financial standing of the Commonwealth, sustained Attao.<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gambling laws. The P.L. 18-56 legislation only sees a segment of the licensing fee from casinos used to restore a 25% decrease in pension<\/p>\n","protected":false},"author":1,"featured_media":4303,"menu_order":673,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[1441,15,1440],"class_list":["post-4302","america","type-america","status-publish","format-standard","has-post-thumbnail","tag-bill","tag-gambling","tag-saipan","entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"Gambling laws. The P.L. 18-56 legislation only sees a segment of the licensing fee from casinos used to restore a 25% decrease in pension\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"380\" \/>\n\t<meta property=\"og:image:height\" content=\"220\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/\",\"name\":\"Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World\",\"isPartOf\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg\",\"datePublished\":\"2017-02-07T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg\",\"contentUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg\",\"width\":380,\"height\":220,\"caption\":\"Casino laws are next to change on Saipan\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Americas\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/america\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Casino laws are next to change on Saipan\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/\",\"name\":\"Mundo Video Entertainment | Casino News in Latin America and the World\",\"description\":\"Gambling news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/","og_locale":"en_US","og_type":"article","og_title":"Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World","og_description":"Gambling laws. The P.L. 18-56 legislation only sees a segment of the licensing fee from casinos used to restore a 25% decrease in pension","og_url":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/","og_site_name":"Mundo Video Entertainment | Casino News in Latin America and the World","og_image":[{"width":380,"height":220,"url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/","url":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/","name":"Casino laws are next to change on Saipan - Mundo Video Entertainment | Casino News in Latin America and the World","isPartOf":{"@id":"https:\/\/www.mundovideo.com.co\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage"},"image":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg","datePublished":"2017-02-07T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#primaryimage","url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg","contentUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/casino-laws-are-next-to-change-on-saipan.jpg","width":380,"height":220,"caption":"Casino laws are next to change on Saipan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/casino-laws-are-next-to-change-on-saipan\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/www.mundovideo.com.co\/en\/"},{"@type":"ListItem","position":2,"name":"Americas","item":"https:\/\/www.mundovideo.com.co\/en\/america\/"},{"@type":"ListItem","position":3,"name":"Casino laws are next to change on Saipan"}]},{"@type":"WebSite","@id":"https:\/\/www.mundovideo.com.co\/en\/#website","url":"https:\/\/www.mundovideo.com.co\/en\/","name":"Mundo Video Entertainment | Casino News in Latin America and the World","description":"Gambling news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america\/4302","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america"}],"about":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/types\/america"}],"author":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/comments?post=4302"}],"version-history":[{"count":0,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america\/4302\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media\/4303"}],"wp:attachment":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media?parent=4302"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/categories?post=4302"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/tags?post=4302"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}