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Monday, April 22, 2013

NH House panels focusing on casino impact

CONCORD (AP) - A special joint House panel is dividing up into three groups to study what kind of impact a casino would have on New Hampshire.

The joint House Finance and Ways and Means committees are considering a Senate bill that would allow up to 5,000 video slot machines and 150 table games. The panel has formed subcommittees to begin digging deeper this week into regulations, revenue and community impact. ...

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CONCORD (AP) - A special joint House panel is dividing up into three groups to study what kind of impact a casino would have on New Hampshire.

The joint House Finance and Ways and Means committees are considering a Senate bill that would allow up to 5,000 video slot machines and 150 table games. The panel has formed subcommittees to begin digging deeper this week into regulations, revenue and community impact.

The regulations subcommittee will consider the bidding process, oversight, accountability, regulations and enforcement. The revenue panel will look at revenue generation and loss, the size of a casino needed to maximize revenue and the allocation of the money for specific purposes.

The subcommittee looking into the impact on communities will also consider the number of jobs created, social costs and other impacts.