Governor Maggie Hassan used her budget address to propose a new, high-end casino. Governor Hassan’s budget banks on this casino generating $80 million in licensing fees. And she said the state is already dealing with the social costs of gambling allowed in other states, without benefiting from the revenue.
For political junkies, policy wonks and other assorted budget watchers, February 15th is a big day. That’s the deadline for new Governor Maggie Hassan to submit her proposed FY 2014-2015 budget to the legislature. The House and Senate will then have until the end of this fiscal year, June 30th, to hash out an agreement. [...]
Imagine a high school cafeteria with painted concrete walls and linoleum floors. Then switch out the lunch-tables for blackjack and poker tables — and you’ve got Rockingham Park, the race-track turned gaming room at the epicenter of New Hampshire’s debate over expanded gambling. Just about every year for the last 15 years, the legislature has [...]
The debate over the economic impacts of HB 593 (or “The Casino Bill,” if you will) continues. As Kevin Landrigan of the Nashua Telegraph reports, discussion of the bill continued Monday, when the House Ways and Means committee listened to about three hours of public testimony: “The state stands to lose $150 million of existing [...]
Expanded gambling is one of the economic issues on StateImpact’s Watch List this session. HB 593, which would allow two casinos in the state, was slated to hit the floor today. And as NHPR‘s Political Reporter Josh Rogers tweeted from the statehouse, it promptly got sent back to committee:
As the New Hampshire legislature begins whittling down a bevy of economy-related bills, we thought it would be helpful to offer you a brief, on-going roundup of what we believe are some key economic issues the General Court will be looking at, and why. We’ve also included resources if you’d like to research and track [...]
Recently, StateImpact’s been taking an up-close look at the New Hampshire Lottery. In our first post, we traced the gradual decline in lotto revenue transfers to the state’s education system. After peaking in FY 2006 at nearly $80.4 million, transfers have gone down every year. In FY 2011, the Lottery Commission transferred only about $62.2 [...]
Recently, we told you about a gas station in the border town of Methuen, Massachusetts. According to Massachusetts State Lottery Executive Director Paul Sternburg, it’s on track to do $13 million this year in lottery revenues. When we spoke with Ted’s Mobil owner Tony Amico, he estimated at least half his customers are from New [...]
Recently, we’ve been checking-in on the health of the New Hampshire lottery. (You can read our previous posts here, here, and here.) And in the world of state-sanctioned gambling, the lotto is a big deal. It funds New Hampshire’s public education system, and revenues have been dipping over the past few years. A number of [...]
Mondays are interesting days here at StateImpact. It’s when we plan out what we’re going to cover over the course of the week, and how. It’s when we look at where we’ve been in the past week, and where we’re going. And sometimes, it’s the day that critical information is brought to our–or rather, in [...]
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