{"id":4314,"date":"2017-03-21T00:00:00","date_gmt":"2017-03-21T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/"},"modified":"2017-03-21T00:00:00","modified_gmt":"2017-03-21T00:00:00","slug":"saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/","title":{"rendered":"Saipan , again on the eye of the hurricane owing lack of gaming taxation"},"content":{"rendered":"

A lawmaker in Saipan is questioning why no gaming revenue tax is being collected from the operations of Imperial Pacific International on Saipan, Rep. Edwin K. Propst<\/strong> said there was no section in Public Law 18-38 <\/strong>that prohibits the government from imposing a gaming revenue tax on the casino operator, adding that IPI only pays an annual license fee of $15 million and the standard 5 percent business gross revenue tax.<\/font><\/p>\n

“Fifteen million dollars a year is peanuts for what they are raking in when compared to what we would be receiving if we actually had a gross [gaming] revenue tax implementing from the beginning,” said Propst. “We have the only casino industry in the world that charges zero on gross gaming revenue taxes,” he added.<\/font><\/p>\n

Earlier this year however, Vice Speaker Janet U. Maratita introduced a bill that would impose a five percent tax on all gaming revenues in the CNMI.<\/font><\/p>\n

Named the House Bill 20-31, the bill would see the new tax come into effect in two years time. (READ SO CASINO LAWS ARE NEXT TO CHANGE ON SAIPAN)<\/span><\/a><\/span><\/font><\/p>\n

“Indeed, the CNMI government has been incurring a budget deficit since it first became a Commonwealth in 1978 and then governor Carlos S. Camacho ended his term in 1982 with a $5 million deficit,” Maratita wrote on the HB 20-31.<\/font><\/p>\n

“The exclusive license fee that is paid currently is arguably a fair price for a legal monopoly, but even an entity that enjoys exclusive gaming rights should be paying their fair share of taxes,” she said, adding that the new gaming industry is largely untaxed.<\/font><\/p>\n

 <\/font><\/p>\n","protected":false},"excerpt":{"rendered":"

A lawmaker in Saipan is questioning why no gaming revenue tax is being collected from the operations of Imperial Pacific International on Saipan, Rep. Edwin K. Propst<\/p>\n","protected":false},"author":1,"featured_media":4315,"menu_order":667,"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":[15,1453,1440],"class_list":{"0":"post-4314","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-gambling","8":"tag-project","9":"tag-saipan","10":"entry"},"yoast_head":"\nSaipan , again on the eye of the hurricane owing lack of gaming taxation - 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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saipan , again on the eye of the hurricane owing lack of gaming taxation - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"A lawmaker in Saipan is questioning why no gaming revenue tax is being collected from the operations of Imperial Pacific International on Saipan, Rep. Edwin K. Propst\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/\" \/>\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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"380\" \/>\n\t<meta property=\"og:image:height\" content=\"227\" \/>\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=\"1 minute\" \/>\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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/\",\"name\":\"Saipan , again on the eye of the hurricane owing lack of gaming taxation - 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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg\",\"datePublished\":\"2017-03-21T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg\",\"contentUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg\",\"width\":380,\"height\":227,\"caption\":\"Saipan\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#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\":\"Saipan , again on the eye of the hurricane owing lack of gaming taxation\"}]},{\"@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":"Saipan , again on the eye of the hurricane owing lack of gaming taxation - 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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/","og_locale":"en_US","og_type":"article","og_title":"Saipan , again on the eye of the hurricane owing lack of gaming taxation - Mundo Video Entertainment | Casino News in Latin America and the World","og_description":"A lawmaker in Saipan is questioning why no gaming revenue tax is being collected from the operations of Imperial Pacific International on Saipan, Rep. Edwin K. Propst","og_url":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/","og_site_name":"Mundo Video Entertainment | Casino News in Latin America and the World","og_image":[{"width":380,"height":227,"url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/","url":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/","name":"Saipan , again on the eye of the hurricane owing lack of gaming taxation - 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\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage"},"image":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg","datePublished":"2017-03-21T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#primaryimage","url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg","contentUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2023\/11\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation.jpg","width":380,"height":227,"caption":"Saipan"},{"@type":"BreadcrumbList","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/saipan-again-on-the-eye-of-the-hurricane-owing-lack-of-gaming-taxation\/#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":"Saipan , again on the eye of the hurricane owing lack of gaming taxation"}]},{"@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\/4314","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=4314"}],"version-history":[{"count":0,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america\/4314\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media\/4315"}],"wp:attachment":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media?parent=4314"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/categories?post=4314"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/tags?post=4314"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}