“I have not yet made up my mind on the matter,” he said. “I still have to consult the Council of Chiefs and the other officials regarding the issue before any decision will be made on my part.”
He has until Nov. 18 to make a decision.
The Council of Chiefs is composed of one traditional leader from each of the republic’s states. The council advises the president on matters concerning traditional laws, customs and their relationship to the Constitution and the laws of Palau.
“I have to hear what they say. The stand of the council will matter a lot whether I will sign or veto the legislation,” Toribiong said.
He said he will also talk with the governors of the 16 states.
“Their voice will also matter in the final decision,” he added.
A wealthy South Korean businessman has reportedly shown interest in opening a casino in this island nation.
The House of Delegates bill originally called for the creation of a casino gaming commission.
But when the measure reached the Senate, Sen. Hokkons Baules inserted an amendment that allows the people to decide whether Palau should legalize casino gaming.
Once the president signs the bill into law, the Palau Election Commission is mandated to hold a referendum within 45 days.
Voters will be asked, “Do you approve of the establishment of casino gambling in the Republic of Palau?”The referendum allows for a “Yes” or “No” answer to the question.
Last year, Toribiong vetoed a casino bill describing it as get-rich-quick scheme that would not benefit Palau or its people.
He also said that he would not allow any casino to open in Palau.
