Pacific Pearl Ready for Papua New Guinea’s First Casino Launch
Summary
Papua New Guinea is on the verge of legalizing casino gaming with the Pacific Pearl project in Port Moresby, which is currently recruiting staff and awaiting final licensing approval. The venue, backed by Fortuna Investments and a Chinese developer, plans to offer 100 gaming machines and 20 tables, aiming to attract local residents, Australian and New Zealand expatriates, and Chinese visitors. Prime Minister James Marape has supported the project as a way to regulate gambling and retain expenditure currently spent overseas. While the initial phase is modest, management has outlined ambitious plans for a significantly larger second stage to create a major tourist destination.
(Source:World Casino News)