Voters to decide instalation of first casino in Saipan
Torres is working on an initiative that would authorize casinos on Saipan, and he was set to release the proposal as a bill, but lawmakers urged Torres to seek an initiative instead, and let the voters decide the issue.
Saipan only has twenty-nine representatives, so it made more sense for legislators to allow voters to decide whether they wanted the gaming establishments. Several lawmakers claimed they would not have supported the measure had it come up as a bill instead of an initiative.
Casino gambling has been the key to financial success for many countries in the past decade. Macau became the biggest gambling destination in the world when they opened up their gaming industry to foreign operators. The industry grew at such a pace that the government had to stop any future casino resort construction plans that were not already in the works.
Saipan lawmakers have been trying for several years to bring the casinos to Saipan. The tax revenue that would be created will go towards securing the budget. Those lawmakers still opposed to the plan are concerned about foreign companies coming in to operate the casinos.
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