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New Hampshire Gambling Panel Includes Slot Details in Bill

New Hampshire Gambling Panel Includes Slot Details in Bill

The New Hampshire Gaming Regulatory Oversight Authority, which is drafting legislation to regulate casinos in New Hampshire, decided last week to allow up to 5,000 slot machines if a casino is approved.

New Hampshire Gambling Panel Includes Slot Details in Bill

The panel in charge of drafting legislation to regulate New Hampshire casinos has included details about the number of slot machines permissible in its draft bill.

The panel will next meet on December 6th to review a new draft of the bill it will submit to lawmakers by December 15th.

The panel came into being after the House went against a casino bill that had passed the Senate with strong backing from Gov. Maggie Hassan. The bill would have allowed the construction of a casino with 5,000 slot machines and 150 table games.

Those in favor of a casino are worried that New Hampshire will lose revenue to Massachusetts which is in the process of licensing three casinos.

The panel decided to include details of numbers in the legislation rather than in a separate report. The State Rep. Richard Ames said that if the number of slots were not included then next year he would bring an amendment to the committee handling the bill to add the details. However, he didn’t say whether his amendment would push to legalize a casino.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

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