New Hampshire passes sports betting bill on Thursday

New Hampshire passes sports betting bill on Thursday

On the heels of the New York Gaming Commission unanimously approving regulations to launch sports betting in its state earlier this week, the state of New Hampshire all but sealed its future betting on sports when the state legislature passed an amended sports betting bill on Thursday.

The House vote was considered to be a formality and the action will now send the bill to the governor, who is expected to sign the bill into law sometime in July. Gov. Chris Sununu will certainly put his signature on the bill, having included $10 million from sports betting proceeds into his next state budget.
Multiple online sports betting operators will be permitted, although mobile operators will be capped at five, while retail operators will be capped at 10.
The bill allows the New Hampshire Lottery Commission to handle sports wagers directly or through authorized agents via the use of mobile devices and retail establishments.
The bill will prohibit wagering on New Hampshire collegiate teams and any collegiate game taking place in the state, which is considered an archaic rule alteration by most industry observers.
In a victory against leagues, the law states that operators will not provide and integrity fee to sports leagues or mandate the use of official league data.
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