New Hampshire Casino Bill: Approved By The Senate, Turned Down In The House

New Hampshire Casino Bill: Approved By The Senate, Turned Down In The House

A casino bill which was earlier approved by the Senate fell flat in the House as lawmakers voted 289-63 against the bill.

The bill introduced by Manchester Sen. Lou D’Allesandro called for regulating casino gambling in the state.

Willis Griffith, a Democrat Senator, said: “There may have been a time when casinos made sense for New Hampshire, but that time has without a doubt come and gone.”

Earlier in March the Senate had approved the bill by a 13-11 vote.

The new bill paved the way for two casinos which would host both slot machines and table games. The bill also had provisions laid out for licensing and taxation.

While 35% would in taxes were fixed for video lottery games, it was 18% for tabletop games. Those in favor of the bill had said that it would help the state to gain significant revenues which could be channeled to fund other programs.

According to the New Hampshire Lottery Commission, the two casinos could have generated $160 million in revenues by 2024. The state’s tax revenues from gambling were estimated $ 10 million annually.

The House also indefinitely postponed any further hearing of the bill by a 214-139 majority. This means chances are bleak for any casino or gambling bill to show up in the near future.

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