SB 104 Faces New Hampshire Finance Committee Test

New Hampshire's Senate recently approved SB 104 by a slim margin, advancing the proposal for legalized and regulated online casino games to the Senate Finance Committee. However, the bill's future remains uncertain as the committee review will determine if enough support remains to move forward. The proposal would place online casino gaming under state oversight and allow digital versions of games such as blackjack, poker, roulette, baccarat, and craps.

Age and identity checks, geolocation technology, wagering limits, and voluntary self-exclusion options are included in the legislation. Supporters argue that online casino gaming could generate substantial revenue for the state, with about $5 million in the first year, $20 million in the second, and $30 million by the third. This revenue would be divided between scholarships for students in the Community College System of New Hampshire and the New Hampshire Lottery for administrative costs.

However, opponents raise concerns that online gambling could divert customers and revenue away from the state's existing charitable casino facilities. The Senate Finance Committee will now assess the bill's revenue forecasts, regulatory costs, safeguards, and impact on charitable casinos, which could ultimately determine whether SB 104 reaches the New Hampshire House and the Governor's office.