Gambling Expansion Considred in NH Deficit Summit
Wednesday, May 26th, 2010Yesterday New Hampshire lawmakers met for a deficit summit, the plan of which was to reach a decision on how to close a $295 million shortfall. One of the ideas proposed was a gambling expansion. Republican Senator John Gallus stated that gambling expansion “is a way to close the gap and not put it on the backs of property taxpayers.” He added that he doesn’t think they can “tax our way out of this mess” and stated that the proposed expansion would not only add revenue without increasing taxes, but it would also create jobs.
Gallus wants an expansion of slot machines and casino-style gambling and a tax on the slots of up to 39%. This tax, unlike property tax, would be voluntary, since only those who play the slots or offer slots would be affected.
Some members of the House are unconvinced, though, and are concerned that they do not yet have an efficient regulatory structure in place. There is also a fear of corruption. House Deputy Speaker Linda Foster, a Democrat, said that New Hampshire needs to set up a more comprehensive enforcement system than the currently existing one before expanding gambling in the state. “This is a leap into a much more serious kind of gambling,” she said. “I don’t feel it is something that can be turned on a dime.”
The deadline for the House and Senate to come up with a compromise plan to deal with the budget deficit is tomorrow. It seems unlikely that they will reach an agreement on gambling expansion by then. Other ideas, such as property tax increases and raising rates on power companies, are also on the table.

In a landmark legal decision, Florida’s gambling regulatory board has deemed that slots with themes of table games are still indeed
All the little birdies on Jaybird Street are heading to