Online gambling legalized in Papua New Guinea
The small Pacific nation of
Papua New Guinea passed a bill that makes casinos and Internet
The bill titled "The Gaming
Control Bill 2007" passed with 61-0 votes in the parliament in
its last session, similar to the US case, but with an opposite
effect. The law was the brainchild of the Prime Minister
Michael Somare and met a little opposition, although some have
claimed that the bill is serving Korean business interests.
Under the new gambling law,
there would be hefty fees to enter into the casino, which would
be refunded at exiting, to stop gambling addicts and very poor
people from gambling. Only one casino per province is allowed,
holding a license issued for 10 years. The tax is 20% of the
gross profit plus five percent for community improvements.
Internet gambling companies
would be allowed to operate from the country's territory, but
will have to focus on customers abroad.
This law also creates a
National Gaming Control Board which will oversee all gambling
activities and work to curb gambling addiction.