HB 330 - AS AMENDED BY THE SENATE

24Feb2021... 0314h

04/22/2021   1126s

2021 SESSION

21-0514

08/11

HOUSE BILL 330

AN ACT relative to sports book locations.

SPONSORS: Rep. Lang, Belk. 4; Rep. Wallace, Rock. 12; Rep. Bordes, Belk. 3; Rep. Pearl, Merr. 26; Rep. Moffett, Merr. 9; Rep. Belanger, Rock. 9; Rep. T. Lekas, Hills. 37; Rep. Trottier, Belk. 6

COMMITTEE: Ways and Means

─────────────────────────────────────────────────────────────────

AMENDED ANALYSIS

This bill allows tier II sports wagers and removes the limit on the number of sports book locations in the state.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

24Feb2021... 0314h

04/22/2021   1126s 21-0514

08/11

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Twenty One

AN ACT relative to sports book locations.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1  Sports Book Retail Operations.  Amend RSA 287-I:5 to read as follows:

287-I:5 Sports Book Retail Operations.  The commission and its agents are further authorized to operate physical sports book retail locations within the state for the purposes of accepting tier I, tier II, and tier III sports wagers from authorized bettors and paying prizes relating to those wagers. The sports book retail locations may be co-located with other commercial businesses or general commercial retail locations.  [No more than 10 sports book retail locations may be in operation at any given time.]

2  Effective Date.  This act shall take effect 60 days after its passage.

LBA

21-0514

4/26/21

HB 330- FISCAL NOTE

AS AMENDED BY THE SENATE (AMENDMENT #2021-1126s)

AN ACT relative to sports book locations.

FISCAL IMPACT:      [ X ] State              [    ] County               [    ] Local              [    ] None

METHODOLOGY:

This bill will allow retail sports books to take Tier II "in-play" sports wagers at their facilities and removes the statutory cap on the number of sports book locations. Currently, sports book locations are only allowed to offer wagers before an event occurs. Due to the current limitation, the Lottery Commission recognizes many players choose to place wagers using their mobile devices while at sports book locations. The Commission expects an increase in wagering activity at sports book location, however, assumes some of the increase will be offset with a decrease in mobile wagers. Also, the Commission does not anticipate approving more than ten sports book locations before the end of FY 2024, and therefore expects the impact to revenue over the next three fiscal years will be minimal. The Commission anticipates an overall positive impact to lottery revenues (net revenues transfers to the education trust fund), however, the fiscal impact cannot be estimated at this time.  

AGENCIES CONTACTED:

Lottery Commission