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Hearing Today on Proposed Casino in Waikiki

February 13, 2012, 8:19 AM HST (Updated February 13, 2012, 8:22 AM) · 0 Comments
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Gaming. File photo by Wendy Osher.

By Wendy Osher

The House Tourism committee holds a public hearing today on a bill that would allow a 20-year license for a stand-alone casino in Waikiki.

The measure also seeks the creation of a Hawaii Gaming Control Commission, and would impose a 15% wagering tax on the casino’s gross receipts.

House Bill 2788 was introduced by Rep. Joe Souki of Maui.

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Fellow Rep. Tom Brower, who is the House Tourism Chair said for him, gambling could be a new industry for Hawaii to increase tax revenue and lessen future tax increases on residents.

“Other world cities show that if gambling is done right, residents benefit; if done wrong, some may suffer,” said Rep. Brower.

The hearing is scheduled for 9:15 a.m. at the State Capitol.

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