By Bridgette Komatep – EM TV, Port Moresby
The National Gaming Control Board has rebranded its corporate logo as part of its restructure, to be one of the best regulators in the country.
At the launch of the new look recently, the regulator of the gambling industry says it will continue to give back to the community through its community development fund.
The National Gaming Control Board says that gambling is part of human nature, and regulating it has prevented abuse to some extent.
Under the corporate rebranding and the catch tag “Know Your Limits” the board hopes to continue educating people on responsible gambling.
NGCB Board Chairman, Leslie Hoffman, said the regulator has transformed since 1995, when the first poker machine was introduced. However, it was not until the Gaming Control Act was amended in 2007, that the regulator increased revenue from tax and levies imposed on industry operators.
This revenue to the government has improved infrastructure development, including the more recent works on the 2015 Pacific Games venues and sporting facilities.
Over the last three years, the National Gaming Control Board has spent over K100 million annually to assist various community projects including preservation of endangered species.
The regulator has evolved since 1995 under the leadership of Acting Chief Executive Officer, Imelda Agon.
Moving forward, the gambling regulator hopes to increase contributions to the government’s purse to K700 million by 2019. An ambitious target, one which the board says can be achieved through support and commitment from industry partners.