Monday, November 10, 2014

Casino Gambling for Charity Continues in New Hampshire



Gaming opponents fight new slots in New Hampshire whilst charities, including religious organizations, make millions from an exception for casino gambling involving charitable table games.

Legislators may well be getting prickly in New Hampshire in regards to the introduction of slots machines to state tracks, but casino gambling in other kinds is already earning millions within the state. A law allowing wagering on games of chance s long as charities receive 35 percent of gross income have been used to develop poker, blackjack, roulette, and craps as daily ventures within the state.

According to figures released by the state Racing and Charitable Gaming Commission, over $45 million was bet on table gaming in New Hampshire last year. Charities took $11.7 million from that total, while state taxes grabbed $2.7 million. Profit for the operators was not available.

Betting maximums are kept at an overly low $4 wager, and licenses are required to run charitable casino gambling. Currently, there are eleven active licenses within the state.

The proposition has turned so profitable, Rockingham Park is ending its relationship with Granite State Poker, deciding to run its own poker site in preference to continue coping with Granite State. The poker operator has filed suit against the track.

Foes of putting in slot machines take a much-followed route, stating that the expanded gambling (as a result slots) is essentially the most dangerous form. This kind of assertion works better than railing against existing gambling, where opponents are hard-put to uncover any scientific evidence of wear and tear gaming has caused communities.

Published on July 26, 2009 by A.J.Maldonado


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Read More... [Source: Religious Gambling News]

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