Bill > HB660

This bill requires historic horse racing (HHR) facilities to transfer 10 percent of their total revenue generated from historic horse racing machines to the municipalities where they operate, effective July 1, 2025. Specifically, the bill mandates that after paying out winnings and accounting for breakage (small fractional amounts), each licensed HHR operator must collect and distribute 10% of their total revenue to the host municipality's general fund. This change will redistribute how HHR revenue is allocated, reducing the percentage going to game operators (from 75% to 67.5%), the Lottery Commission (from 16.25% to 14.625%), and charities (from 8.75% to 7.875%), while introducing the new 10% allocation to municipalities. Based on 2024 revenue figures of approximately $143.4 million, this would mean about $14.3 million would be distributed among municipalities like Seabrook, Manchester, Nashua, and Dover, with each municipality receiving a percentage based on the HHR facility's local revenue. The bill aims to provide direct financial compensation to communities hosting HHR facilities.

Budget and Finance

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0387&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB660