Tag: New Hampshire sports betting
New Hampshire Sports Betting Signed Into Law
New Hampshire sports betting became official, as Governor Chris Sununu signed the legislation sent to him a few weeks ago. Now, he said that he’s eager to place the first bet. The new law regulates betting on professional sports and most Division I college sports, excluding games involving New Hampshire schools. Mobile betting as well as retail gambling at 10 locations will be allowed, though it will take some time to set up. The wagering is expected to produce an estimated $7.5 million for education in fiscal year 2021 and $13.5 million two years later. The state Lottery Commission will…
New Hampshire Sports Betting Heads to Governor
A bill to regulate New Hampshire sports betting is headed to the desk of Governor Chris Sununu following the state House of Representatives and Senate agreed on House Bill 480. The bill also establishes the Division of Sports Wagering, a unit within the state Lottery Commission which will be handed oversight of the sector, including selecting the state’s sports betting vendors. Hopefully, the bill will be signed into law by the Governor. It estimates that partners could be selected by January 1, 2020, with a view to launching the market by July 1. You can read more about the New…
New Hampshire Sports Betting to Senate
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…