Papua New Guinea Paves The Way For Gambling
Prime Minister Michael Somare on Tuesday introduced The Gaming Control Bill of 2007, which will allow limited Internet gambling in the Pacific nation of New Guinea. The bill passed the last session of Parliament 61-0.
Each of Papua New Guinea's provinces will be allowed to obtain one casino license for a period of ten years. The operators of these Internet casinos will be required to pay 20 percent of gross profits in a duty, as well as another 5 percent of gross profits for a community benefit gaming levy.
Parliament will impose strict regulations on anyone looking to operate these casinos which will include large refundable casino entry fees to discourage the people of New Guinea from gambling.
The law is not without opposition, it is being contested from both women's groups and church groups.
The new Internet gambling law in New Guinea is a signal of a changing mindset across the world about gambling and Internet gaming. Many nations are searching for a way to allow Internet gambling without allowing the problems that come along with it. So far many countries are discovering the means to compromise.
May 2, 2007
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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