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TCGCC: 2 more casino slots available
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Posted on May 16 2006
The Tinian Casino Gaming Control Commission is encouraging other interested casino developers to apply for a license with the commission as there are still two more slots available.
TCGCC chair William M. Cing informed the Saipan Tribune that to date only three casino licenses have been issued and that the commission has yet to receive a casino license application from any of the new casino investors.
Cing said TCGCC welcomes all potential casino investors and would be more than willing to meet with them to explain the casino licensing process.
“The casino licensing process will select the best-qualified and most suitable applicant. In no way is the casino licensing process based on the highest bidder,” he stressed.
“TCGG is encouraging all interested investors to contact our office for more information,” the chairman added.
Lt. Gov. Timothy P. Villagomez on Monday disclosed that top officials from the Baltimore-based Cordish Company are visiting the CNMI next week for a full presentation of their $200-million casino and golf project on Tinian.
Cordish was the second casino to sign a memorandum of agreement with the Fitial-Villagomez administration.
The first was Marianas Resort Development Co. Inc., which already broke ground to start construction of a $170-million casino and golf course project on Tinian.
Under the casino law, Tinian can issue up to five casino licenses. At present, only the Tinian Dynasty Hotel & Casino has been operating.
