Special House committee says would want bigger profit for NH if casino is approved
CONCORD, N.H. (AP) - A special House committee says it would want a bigger profit for New Hampshire if a casino is approved.
The joint House Finance and Ways and Means committees met Thursday to discuss research done by three subcommittees into whether New Hampshire should legalize a casino.
The subcommittees made presentations on revenues, regulations and the impact on the state and community if a casino is approved. State Rep. Neal Kurk, a Weare Republican heading the subcommittee on revenues, said his group would the increase the percentage profit from video lottery machines from 30 percent of the daily net machine income to 33.3 percent and change the money’s allocation.
The committee is considering a Senate bill that legalizes one casino with up to 5,000 video slot machines and 150 table games.