New Hampshire governor signs bill removing casino VLT cap
New Hampshire Governor Kelly Ayotte signed House Bill 2, removing the limit on video lottery terminals at casinos in the state. The law raises the machines’ revenue tax to 31% and reallocates some proceeds to the Elderly-Disabled-Blind-Deaf Fund; the change is estimated to generate $65 million annually.
The changed VLT limit, tax rate and proceeds distribution affect casino operations, supplier opportunities and funding for the designated fund.