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    NH House kills bill to legalize video slots

    22.05.12

    New Hampshire's House dashed gamblers' hopes Wednesday and killed a bill that would have legalized four casinos licensed to install up to 14,000 video slot machines and 420 table games.

    The key vote was 154-195 to reject proponents' best amendment. The House later voted 236-108 to kill the bill. The bill faced long odds because Gov. John Lynch pledged to veto it if it had reached his desk. The House also had never supported expanded gambling bills.

    "This bill gives away to gambling and casino interests a valuable asset that belongs to New Hampshire taxpayers. Under this bill, New Hampshire taxpayers are the losers," said Rep. Neal Kurk, R-Weare. Kurk argued the state's take of the proceeds were too low.

    The bill called for the state to get 40 percent of the proceeds from slots and 8 percent from table games.

    Rep. Dan McGuire objected that too few people could get licenses for slot machines.

    "This creates four golden tickets obtainable only by the very wealthy," said McGuire, R-Epsom.


    Source: BusinessWeek

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