John K. Baldwin majority shareholder and president and director of GG Acquisitions II owners Guam Greyhound racetrack and is proposing gaming slot machines at the facility through a voter initiative this election.

The "Initiative to Revitalize Tourism in Guam and Generate Revenue for Health Care and Public Education by Allowing Slot Machine Gaming" would allow slot machines at an existing racetrack where a pari-mutuel betting system exists. Guam Greyhound utilizes this system.

Under the proposal 10% of the slot machines’ gross income would go to the government of Guam through an annual tax.

The money would subsidize health care education and programs "for the general well-being of the territory."

Baldwin is also owner and president of Bridge Capital LLC of St. Croix Virgin Islands. Bridge Capital is a financing firm whose representatives visited the Northern Mariana Islands in November 2005 to discuss plans to seek tax breaks through the government’s Qualifying Certificate program and open a lending company on Saipan. The company offers loans at a minimum of $1 million.

Bridge Capital led by Shawn A. Scott financier and managing partner; presented a proposal during a public hearing held Dec. 5 2005 at the Gov. Pedro P. Tenorio Multi-Purpose Center in Susupe during which Bridge Capital outlined plans to invest $12 million in the NMI to operate a financing business. MBJ