Good Morning. If it doesn’t work offline, take it online. That’s the current thinking of the Commonwealth of the Northern Mariana Islands (CNMI), as legislators push to legalize online gaming. Amongst the slow spiral of the Imperial Pacific, the territory is seeking new revenue streams, with expert Ben Lee noting how it needs to plug up its leaking financial boat. Meanwhile, exciting changes are taking place in Curacao, as it finally reveals its eGaming license costs, aiming to outbid its attractive neighbors.
In observance of the 24th Anniversary of the MSAR Establishment Day, AGB will return on Thursday, December 21st.
What you need to know
- The CNMI’s move to legalize online gaming is “another desperate attempt” to assuage the territory’s fiscal woes, says Ben Lee.
- Curacao finally unveils updated eGaming license costs, clarifying speculation over how it aims to compete with Malta and the Isle of Man.
On the radar
- Tabcorp awarded new Wagering and Betting License valid for 20 years.
- Malta Gaming Authority appoints Charles Mizzi as new CEO.
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- Entain adds activist Ricky Sandler to the board.
AGB Intelligence
UNDER THE SCOPE
CNMI online gaming legislation a “desperate attempt”: Ben Lee
The Commonwealth of the Northern Mariana Islands (CNMI) latest move to legalize online gaming is just a “desperate attempt” to assuage the territory’s financial woes, says expert Ben Lee. Due to the ongoing demise of Saipan’s only IR property – Imperial Pacific International – the territory is now pulling out all the stops in an effort to raise funds. But worries compound over how legislation would be rolled out, and how comprehensive oversight can be.
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