Bill Filed in New Hampshire for Legalizing Online Casinos

New Hampshire will become the next state to establish regulated online casino gambling, should the recently introduced Senate Bill 168 pass.

Senators Propose Bill in New Hampshire

Spearheaded by state Sen. Tim Lang (R-Belknap) and three other Republicans, the new bill seeks to legalize online casino slot machines and interactive table games in the state. Lang has already been a key figure in the legalization of online and in-person sports betting in 2019. He is now joined by Sens. Daniel Innis (R-Grafton), Keith Murphy (R-Hillsborough), and Howard Pearl (R-Merrimack). Should the bill pass, online gambling providers may start operations on January 1, 2026.

Anyone who is aged 18 and over and physically in the state, would be able to participate in online slot machines and interactive table games. In addition, if the bill passes, it will direct the New Hampshire Lottery to solicit competitive bids for iGaming licenses. The lottery would have to issue at least three online gaming platform licenses for the market to launch, with the total number of licenses limited to six.

Currently, seven states allow iGaming- Connecticut, Delaware, Michigan, New Jersey, Pennsylvania, Rhode Island, and West Virginia. If the New Hampshire bill passes, the state will become the first to allow online casino gambling for people aged 18 and older. The other seven states allow this practice only for those aged 21 and over.

Here Are Some Important Details

If the bill passes, there would be a hefty 45% tax on gross gaming revenue. The earnings from this will be split as follows: 25% to education, 25% to municipal reimbursements for tax exemptions, and 50% to the state’s general fund.

It should also be noted that iGaming operators who wish to operate in New Hampshire, will have to first partner with a licensed brick-and-mortar charitable casino. This casino will have to operate slot-like historical horse racing (HHR) machines and/or live dealer table games. Meanwhile, traditional slot machines still remain illegal in the state.

Right now, DraftKings is the only legal online sports wagering platform in New Hampshire. It also provides retail sportsbooks at four charitable gaming facilities: The Brook in Seabrook, Revo Casino in Manchester, Revo Casino in Dover, and Gate City Casino in Nashua.

Another interesting point in the bill states that “wager limits for daily, weekly, and monthly amounts consistent with the best practices in addressing problem gambling.” However, it still remains unclear what the bill means by “best practices.”

The legislation prohibits operators from accepting bets from outside New Hampshire unless the state establishes reciprocal agreements with other jurisdictions. It also restricts operators from accepting revenue from countries under U.S. Treasury sanctions or from jurisdictions where online gambling is prohibited.

Source link

Open Betting Account

Leave a Reply

Your email address will not be published. Required fields are marked *

New Casinos

Unlock exclusive bonuses and dive into a world of  sport betting, vibrant slots and live dealer games with 1xBet casino.