GamblingSites.org/news
February 24th, 2019
  • Home
  • Gambling Site Reviews
  • Sports Betting Guide
  • Online Casino Guide
  • Online Poker Guide
  • Daily Fantasy Sports
  • All
  • Sports
  • Daily Fantasy
  • Poker
  • Industry
  • Casino
  • Horse Racing
  • Esports

New Hampshire Casino Legislation Passes Senate Vote

by Kody Miller
on March 28, 2017
Share
Tweet
New Hampshire Casino Legislation Passes Senate Vote

Efforts to introduce a regulated casino industry in New Hampshire have passed the state’s Senate with 13 votes and will now progress onto the House.

The bill, named SB 242, was proposed by Senator Lou D’Allesandro and actually passed the senate with an affirmative vote. However, the bill was handed to a special Finance Committee for special consideration. The committee reached a stalemate with a 3-3 split on the bill, sending the legislation back to the senate floor for another vote. The same result was produced as the first round of voting, pushing the bill on to the state’s legislative House.

The bill provides for two casinos to be built within the state, although it does not specify where the two venues will be located. Both venues will be allotted 240 table games and 5,000 slot games between them. The two casinos would be erected under separate gaming licenses, a category 1 and a category 2.

The provisions for a category 1 license include 80-160 table games, 2,000-3,500 slot machines, and a price tag of $80 million. The category 2 licensee will come with 25-80 table games, 750-1,500 slot machines, and a price tag of $40 million.

Politicians involved with the legislation urged those skeptical of the practice to look at neighboring Maine and Massachusetts, which already operate successful casino industries. To combat the loss in casino tourism, and more importantly those funds leaving the state’s borders, legislators agreed passing the bill was a step in the right direction.

When asked for his comments on the subject, the bill’s founder D’Allesandro said, “While New Hampshire has done nothing, surrounding states now have gaming entities. They advertise on our TV stations and we send buses of New Hampshire residents to those other states to gamble. It’s time for New Hampshire to do something. No state that has done this has crumbled.”

It has been estimated by the New Hampshire lottery commission that the new industry could generate as much as $194 million in its first full year of operation. Said date is expected to be 2021, should the legislation pass into law. Revenues generated by the casinos would be reinvested into the surrounding towns and the hosting county.

In the past, such efforts to erect a gaming industry have been met with strong opposition. New Hampshire Attorney General Joseph Foster has been one of the most vocal opponents.


Leave your comment Cancel Reply

Your email address will not be published. Required fields are marked *

Latest News
$200 Million Horse Race Track in Da Nang Approved
$200 Million Horse Race Track in Da Nang Approved
February 22, 2019 by Kevin Oldroyd

Officials in Vietnam are making it clear they intend to expand their gambli...

Washington D.C. Council Votes to Allow Lottery Provider to Offer Sports Betting
Washington D.C. Council Votes to Allow Lottery Provider to Offer Sports Betting
February 22, 2019 by Rick Rockwell

Washington D.C.’s council has again voted not to offer competitive biddin...

Louisiana Pushes to Legalize Sports Gambling, Will Use Revenue to Fund ECE Expansion
Louisiana Pushes to Legalize Sports Gambling, Will Use Revenue to Fund ECE Expansion
February 22, 2019 by Rick Rockwell

With neighboring states enjoying revenue from legalized sports betting, Lou...

UK Considering a Ban on Credit Cards for Online Gambling
UK Considering a Ban on Credit Cards for Online Gambling
February 22, 2019 by Kevin Oldroyd

The United Kingdom has been implementing some new laws toward its online ga...

Latest Blog Articles
    The Ultimate Breaking Bad Movie Betting Guide: Odds, Props, and More
    The Ultimate Breaking Bad Movie Betting Guide: Odds, Props, and More
    Fans of Breaking Bad, one of the greatest TV shows of all-time, are dancing in the streets this week as…
    Here’s How to Bet on Bandy in Sweden Online Right Now
    Here’s How to Bet on Bandy in Sweden Online Right Now
    Sweden has one of the biggest ice hockey fan bases in all of Europe. Many of the top players across…
    Will Fenerbahce Win EuroLeague?
    Will Fenerbahce Win EuroLeague?
    The second half of the 2018-19 NBA season is underway. While most of the basketball-viewing public will spend their time…
    The Complete 2019 NASCAR Folds of Honor Quiktrip 500 Betting Guide
    The Complete 2019 NASCAR Folds of Honor Quiktrip 500 Betting Guide
    On Sunday, February 24th, NASCAR will be live from the Atlanta Motor Speedway for the Folds of Honor QuikTrip 500,…
Do not miss our Exclusive Offers and Promotions

Home | About Us | Contact Us | Privacy Policy | Terms of Use | Disclaimer | Sitemap | Get Help

Copyright © 2019 GamblingSites.org. All Right Reserved.