NH Resources

 Casino legislation has once again been filed.   Senate Bill 586 would allow 5,000 slot machines and 240 table games at "siting of the casino locations is done for optimal revenue impact." Wherever this is.   Starting next year two higher end casinos in Boston and Springfield, Massachusetts will open and almost immediately begin scraping $59 million dollars a year right off the New Hampshire economy. This number will only go higher. Senate Bill 586 is so poorly crafted legislation it does nothing consider Massachusetts never mind competing with it. Senate Bill 586 Is So Poorly Crafted It is destined to fail.   Senator D'Allesandro the lead sponsor should have done some in-depth market research before filing this bill and it's apparent he didn't. For example the Lakes Region and North Country areas both have strong tourism economies which casino gaming might enhance, possibly exponentially. This bill does nothing to consider the tourism economy in New H...

  The slot machine revenue at the Oxford Casino is increasing. This is good for Maine and continues to be bad for New Hampshire. Slot Machine Revenues Increasing. Good for Maine and Bad For New Hampshire.   Located about 40 miles east of the New Hampshire border at East Conway it's yearly revenue for 2017 was $796.6 million dollars up $62 million from the year before. It isn't unreasonable to believe that 25% of these revenues at this small casino are coming from the Mount Washington Valley and the rest of the Granite State. These numbers are in direct contrast to the argument that the market for casinos in New Hampshire is "over- saturated."  Not true.    But despite this ever increasing revenue going over to Maine, the New Hampshire legislature has once again tabled and killed casino legislation. Co-Sponsored by North Country Senator Jeff Woodburn, Senate Bill 586 was actually a bad piece of legislation. Intended for "optimal revenue impact" the b...