SB 104 Faces New Hampshire Finance Committee Test

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News Source : ReadWrite

News Summary

  • New Hampshire's Senate narrowly advanced SB 104 by a 13-11 vote, moving a proposal to legalize and regulate online casino games to the Senate Finance Committee.
  • The bill is not law, and its close passage leaves its prospects uncertain.
  • About 35% of net profits would go to scholarships for students in the Community College System of New Hampshire, while roughly 10% would be allocated to the New Hampshire Lottery for administrative costs.
  • The recurring question is whether New Hampshire can add online gambling revenue without weakening its charitable casino sector.
New Hampshires Senate narrowly advanced SB 104 by a 1311 vote, moving a proposal to legalize and regulate online casino games to the Senate Finance Committee.

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