Compliance Updates

Commonwealth of the Northern Mariana Islands new casino law

Published

6 years ago

February 8, 2019

Niji Narayan

Commonwealth of the Northern Mariana Islands new casino law

Photo Source: japantimes.co.jp

Reading Time: < 1 minute

The Commonwealth of Northern Mariana Islands (CNMI) has created a new casino law that is intended to protect the casino industry from financial fraud or misuse of financial instruments.

The bill was signed earlier by the former Governor Victor, but introduced by the current lieutenant governor Arnold Palacios. The new rule was formulated to insulate the casino industry from fraudulent crimes, such as fake credit cards, money laundering and stolen identification.

The governor said that the chances of financial fraud in the CNMI are greater now as all senatorial districts have legalised casino gaming. The bill is an attempt to counter the potential.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.