New Hampshire sports betting is a step closer to reality after a bill that would legalize the activity advanced to the Senate.
The New Hampshire House of Representatives has passed an amended version of House Bill 480 by a vote of 269-82, with the bill now moving forward to the Senate for further discussion.
Should the bill come into law, consumers would be able to place bets at various retail locations across the state, as well as via online and mobile platforms. The New Hampshire Lottery Commission would be responsible for regulating the market.
The current version of the New Hampshire sports betting bill does not clarify how much the licenses would cost, nor the level of tax sports betting operators would face. However, a fiscal note on the bill suggests gambling could generate up to $7.5m (£5.7m/€6.6m) in revenue during the first year of regulation.
Among the amendments approved by the House this week include a limit of 10 retail sports books in the state and the establishment of a council for responsible gambling.
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