New Hampshire now a sports gambling state
Governor Sununu signs a bill to make sports gambling legal
New Hampshire is now the second state in the New England region to legalize sports gambling. Rhode Island was the first, approving a sports wagering bill last year, and New Hampshire Governor Chris Sununu didn’t want to be too far behind. After lawmakers approved a sports gambling bill about a month ago, Sununu has now signed off on the legislation, officially making it law.
According to the bill, ten retail locations will be allowed to offer sportsbooks, and online gambling will enter the scene, as well. All of the activity will be overseen by the New Hampshire Lottery Commission and, if all goes well, New Hampshire should receive around $7.5 million for its education programs in 2021. Within two years of that, the number should climb to around $13.5 million.
These are, of course, only projections and Rhode Island’s sports gambling industry has not been nearly as robust as many expected. However, Sununu is certain the state will do better and stated when he signed, “We can do it with a lot of confidence because it’s being done responsibly, and it’s being done with an organization here at the lottery that just knows what they’re doing. They know how to get this stuff off the ground.”
The money generated from sports gambling will almost exclusively be used for education programs, but other activity will benefit, as well. In addition, legalizing the activity will help provide better consumer protection, as stated by the bill’s main sponsor, Representative Timothy Lang. He asserts, “I’m happy we’re bringing an illicit activity into the light for our citizens of New Hampshire and allowing for some consumer protections.”