Bill > HB540

This bill requires large facilities with 1,000 or more historic horse racing machines to pay an annual license fee of $10,000,000 to the lottery commission. Historic horse racing machines are gambling devices that allow patrons to bet on previously recorded horse races, and this legislation specifically targets facilities with a significant number of these machines. By mandating this substantial annual fee, the bill appears to create a new revenue stream for the lottery commission from operators of large historic horse racing venues. The bill will take effect on January 1, 2026, which gives affected businesses time to prepare for the new financial obligation. The proposed amendment will be added to the existing pari-mutuel gambling regulations in the state's legal code, specifically modifying the section related to historic horse racing licenses.

Budget and Finance

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=384&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB540