SB 310 - Authorizes Casino Gambling - New Hampshire Key Vote

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Title: Authorizes Casino Gambling

Vote Smart's Synopsis:

Vote to pass a bill that authorizes gaming licenses to be issued for two casinos.

Highlights:

 

  • Authorizes a gaming license fee of $40 million for the operation of a category 1 license and a gaming license fee of $20 million for the operation of a category 2 license to be paid to the gaming regulatory fund within 30 days of the award of a license (Ch. 284-B).

  • Authorizes category 1 licenses to control and operate the following, including (Ch. 284-B):

    • between 80 and 160 tables where table games are played;

    • 2,000 and 3,500 video lottery machines; and

    • The operation of sports pools and online sports pools on the premise.

  • Authorizes category 2 licenses to control and operate the following, including (Ch. 284-B):

    • between 25 and 80 tables where table games are played;

    • 750 and 1,500 video lottery machines; and

    • The operation of sports pools and online sports pools on the premise.

  • Specifies that no casino shall hold both a category 1 and category 2 license (Ch. 284-B).

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