Papua New Guinea goes gambling
Prime Minister Sir Michael Somare of Papua New Guinea has passed the Gambling Control Bill Act 2007 which will allow for controlled online and offline gambling to take place. Sir Michael cited that the act aims to make further provision with the specific intention of bringing the gambling industry under one legislative and administrative framework.
The proposed act will issue ten year gambling licences and it’s believed that operators will be charged 20 per cent of gross profit plus a further five per cent of gross profits going towards the community.
However, it’s not all plain sailing. Eight MPs walked out of the chamber before the 61-0 vote was cast and it’s thought that church groups are likely to strongly contest the proposed Act.
The Act also creates the new National Gaming Control Board to control of all forms of gaming activities in the country and advising the Government on appropriate forms of gaming acceptable to the country.
The small country with a population of 5.9 million has strong ties with its southern neighbour, Australia and shares the same head of state, Queen Elizabeth II.
Editor, Jackpot.co.uk - 2007-05-02 09:40:04