New Hampshire gamblers can now up the ante on bets placed at charitable gaming casinos, according to a local report in the New Hampshire Bulletin. Governor Chris Sununu recently signed Senate Bill 120 into law, which raises the cap on individual game of chance wagers from $10 to $50.
The law went into effect on July 1. In addition to the cap increase, the bill raises how much players can spend on games like poker, blackjack and roulette.
The overall total each player can spend increased from $150 per game to $2,500 per game under the new legislation.
Charitable casinos, however, have the liberty to set their own limits on wagering amounts that are within the range set by the state.
With the new law, charitable gaming facilities will need to re-apply for licensing every three years and submit an annual report that summarizes if any changes need to be made to their current applications.
Prior to the change, these destinations needed to apply for updated licenses annually.
As of now, traditional casinos are still illegal in New Hampshire. However, the state allows its venues to offer players table-based and machine-based games that are connected to local charities.
The current law on the books allows charities statewide to partner with charitable gaming operators, as long as they do not exceed 10 gaming dates per year.
The state recently shot down the latest push for legalized online gambling. According to the local report, charities and charitable gaming operators around the state pushed back against the legislation by raising concerns that online activity could negatively affect how much revenue for charity would come in.
