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Tinian delegation hears public testimony on bill to allow internet-only casino licenses and a local stablecoin
Summary
On March 4, 2025 the Tinian legislative delegation held a public hearing on Senate Local Bill 24-01, which would amend Tinian Local Law 21-09 to permit internet-only casino licenses and establish a Tinian stable token; supporters cited economic opportunity while commenters and a resident raised regulatory, jobs and anti-money-laundering concerns.
Tinian legislative leaders held a public hearing Tuesday evening on Senate Local Bill 24-01, a proposal to amend Tinian Local Law 21-09 to permit internet-only casino licenses and to establish a Tinian “stable token” for regulatory and financial oversight.
The hearing, held March 4, 2025, at the Tinian Middle and High School cafeteria, featured testimony from municipal leaders, former officials and members of the public. Supporters said the changes could create new revenue and jobs; critics urged stronger safeguards on licensing, oversight and financial controls.
The bill would remove a current requirement that internet gaming operators maintain a physical hotel-casino complex and would authorize the municipality to operate a blockchain-based stable token to facilitate online gaming transactions. "I strongly support Senate Local Bill 24-01, which seeks to amend Tinian Local Law 21-09 to allow internet only casino…
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