Category: Economy, Budget and Taxes

SB 310 (2019)

House/Senate Bill: Senate

Description: Authorizes one smaller and one larger casino with video lottery and table gaming. The casinos would pay an initial ten-year license fee of $40 million and a tax of 35% on gross slot machine revenue and 18% on gross table game revenue. This bill also allows each casino to offer sports betting in person and online, with a 12% tax on sports betting revenue. Some of the revenue would go to towns hosting or neighboring the casino, and some of the revenue goes to treat problem gambling. About $25 million would go to all New Hampshire towns and cities through "revenue sharing" payments. The Senate amended the bill to lower the initial license fee for the smaller casino to $20 million.

Bill Sponsor: Lou D'Allesandro

Bill Co Sponsor: Click the "Link to Full Bill" for information

Next Hearing Date: Thu, 04/18/2019

Next Voting Date: Wed, 05/08/2019

Bill Status

Killed in the House

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