While other states are deciding to allow sports gambling at casinos and online, New Hampshire is coming up with an even more creative idea.
A recent proposal in New Hampshire would legalize standalone sports betting retail shop as well as online and mobile devices. Legislation is in the works for the state to become the first to allow betting-specific shops.
In fact on Thursday, New Hampshire Republican Governor Chris Sununu laid out his proposed budget that allows for the legalization of sports betting. The budget that Sununu handed out estimates it would soon generate $10 million a year in additional revenue for the state, per the Associated Press.
Through this proposal, a house bill that is agreed upon together by a slew of Republicans and a group of Democrats would let the New Hampshire Lottery Commission to start a bidding process. The bidding process would be open for gambling operators wishing to enter the New Hampshire market.
In total, Sununu’s budget for a two-year period came in at an estimated $13.1 billion.
“Government is not here to guarantee much,” Sununu told the Associated Press. “But opportunity – equal opportunity for everyone, for you, for your family, your business, your kids – that’s our job. To set up those doors of opportunity for people to charge through.”
As for his sports betting proposal, the locations for the actual betting would be allowed in communities/areas that have already pre-approve gambling. The proposal includes wording that state’s betters can make wagers on a desktop computer, phone or any type of mobile device throughout the state of New Hampshire.
This proposal is being pushed as something to support education in the state and the treatment of the people who suffer from gambling disorders and it would launch and fund a Council for Responsible Gaming in New Hampshire.
In the bill, it states that bettors would have to be 18 years or older, and the state wouldn’t permit wagers on collegiate events that either involve New Hampshire teams or occur inside the state. 10% of revenue would go into the funds set aside for the responsible gambling programs established already.
With plans for an entirely different Senate bill in the works that would mix this new legalized sports betting idea to casino gambling, things are rolling in quickly.
Introduced originally last month, this major sports betting expansion bill hadn’t reached the floor in either chamber of the General Court until Thursday. HB480, which would allow the proposed sports betting, had been stuck in a standstill in the Ways and Means Committee of the New Hampshire House of Representatives.
On Feb. 7, the legislators conducted its first hearing on the sports betting expansion bill before action was taken on Thursday.
The Lottery Commission formed by New Hampshire could open up its own wagering operation, which would in fact give newly hired vendors a chance to run them. Also, if the state decides to hire a betting agent, this agent would have to give back an unnamed share of this betting revenue back New Hampshire.
Early July of 2020 seems to be the end goal for New Hampshire to allow its first legal wagers. The site also puts down Jan. 1, 2020 as the date for the request for proposal process with the picking of these betting agents. On top of that, July 1, 2019 is the likely timeline for the green light on the bill.