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SB 113 - Authorizes Casino Gaming - New Hampshire Key Vote

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Title: Authorizes Casino Gaming

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the selection and operation of 2 new casinos and establishes regulations for the gaming industry.

Highlights:

 

  • Establishes the New Hampshire Gaming Commission and places under its jurisdiction the following commissions (Secs. 3 & 4):

    • The State Lottery Commission; and

    • The State Racing and Charitable Gaming Commission.

  • Authorizes the New Hampshire Gaming Commission to license 2 casinos with video slot machines and table games under the following conditions (Sec. 14):

    • The commission may issue 1 “category 1 gaming license” and 1 “category 2 gaming license” for 2 separate gaming locations;

    • The “category 1 gaming license” must authorize at least 80, but no more than 160, table games and at least 2,000, but no more than 3,500, slot machines; and

    • The “category 2 gaming license” must authorize at least 25, but no more than 80, table games and at least 75, but no more than 1,500, slot machines.

  • Establishes the Gaming Enforcement Unit under the Division of State Police, which has primary investigative authority for violations of the provisions in this bill (Sec. 8).

  • Establishes the “Gaming Regulatory Fund” as a non lapsing treasury fund to be continually appropriated by the New Hampshire Gaming Commission (Sec. 18).

  • Requires the gaming licensee to remit to the state treasurer 35% of gross slot machine revenue and 18% of gross table game revenue (Sec. 48).

  • Specifies that proceeds from slot machines and table games will go towards operating the New Hampshire Gaming Commission and the Gaming Enforcement Unit (Sec. 18).

  • Authorizes a percentage of the proceeds from gross income to be distributed in the following manner (Sec. 48):

    • 3% of the revenue of the gaming licensee to the host community;

    • 1% of the revenue of the gaming licensee to the host county; and

    • 1% of revenue to the Department of Health and Human Services to support programs addressing gambling problems and the related disorders of drug and alcohol addiction.

Full Bill Text

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