Gaming Legislation Vetoed in New Hampshire

04/22/2012
By Pamela PattersonGoogle

Lawmakers in New Hampshire have vetoed casino games legislation that would have legalized video slots and four top rated casinos that had already received licensure to install up to 14,000 video slot machines and 420 table games in the state.

 

The bill was turned over with a vote of 236-108. Commentators believed that the legislation was doomed from the beginning as Gov. John Lynch said he would veto it if it had reached his desk. Additionally, the record has shown that members of the New Hampshire House have never supported expanded online casino games laws.

 

Representative Neal Kurk commented, "This bill gives away to gambling and casino interests a valuable asset that belongs to New Hampshire taxpayers. Under this bill, New Hampshire taxpayers are the losers." He argued that the income that the state would make was too low.  

 

The legislation outlined that the state would receive a forty percent profit from slots and eight percent from table games.

 

Supporters of the bill in New Hampshire have cited the recent passage of a casino games bill in Massachusetts as another reason to legalize. They believe that if New Hampshire does not act quickly, the state could lose between $40 million and $50 million annually in lottery revenue and taxes to its neighbor.

 

Representative David Campbell stated, "Since Massachusetts passed its gaming bill, doing nothing is no longer an option.” 

 

New Hampshire's House has never supported top rated online casinos, but bill sponsors attempted to convince legislators by recommending that some of the profits be allocated to defraying New Hampshire's high business taxes, which the Republican-controlled chamber has tried to do. Supporters have also stated that cutting business taxes will stimulate the economy in the state.

 

 

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