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New casino on Tinian proposed
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Posted on Dec 15 2005
A group of investors headed by U.S. presidential appointee to the Asian American and Pacific Islander Advisory Commission Rudy Pamintuan is seeking a permit from the CNMI government to set up a new casino on Tinian.
The Tinian Casino Gaming Control Commission confirmed yesterday that Pamintuan’s team is applying for a casino license and is in fact holding a public presentation about the project on Monday at 5pm.
“They will present their proposal on Monday. The public is invited to attend,” said TCGCC executive director Esther Hofschneider-Barr in an interview yesterday.
She said the public hearing will be held at Tinian Superior Court House.
Aside from Pamintuan, who is the chairman of the presidential commission, the group of investors also include two other presidential appointees—Akshay Desai and Kenneth Wong.
Based on the biodata posted at http://www.aapi.gov/advisory.htm, Pamintuan, of Chicago, Illinois, is president of Sherman Consulting, Inc, a media strategy and public policy consulting firm.
Wong, of Holland, Pennsylvania, is the president of CIG Asia, Ltd, a national property and casualty brokerage firm in Philadelphia and vice president of Combined Insurance Group, while Dr. Akshay Desai is a leading private practice physician and founder of American Family and Geriatric Care in St. Petersburg Florida, as well as the CEO and president of Universal Health Care, a managed care organization. The president’s advisory commission, which is tasked to advise the President, through the Secretary of Commerce is mandated to:
* Develop, monitor, and coordinate federal efforts to improve Asian American and Pacific Islander participation in government programs;
* Foster research and data collection for Asian American and Pacific Islander businesses and communities; and
* Increase their level of participation in the national economy and their economic and community development.
Meantime, TCGCC is mandated to grant license up to five casino operations on Tinian.
Right now, Tinian Dynasty Hotel and Casino is the only player in the industry.
