In an effort to modernize and streamline charitable gaming regulations in the state, the New Hampshire Charitable Gaming Commission is considering a series of proposed rule changes that could have a significant impact on local charities and the gaming industry as a whole. The proposed changes come as part of a broader effort to update and clarify the state’s charitable gaming laws, which have remained largely unchanged for decades.
One of the most significant proposed changes is a new rule governing the use of slot machines at charitable gaming events. Currently, slot machines are only permitted at certain licensed charitable gaming facilities, such as bingo halls and casinos. The proposed rule change would allow charities to operate a limited number of slot machines at their fundraising events, opening up a potentially lucrative new revenue stream for organizations looking to raise money for their causes.
However, the proposed rule change has sparked controversy among some members of the gaming industry, who argue that allowing slot machines at charitable gaming events could create unfair competition for licensed casinos and other gaming establishments. Proponents of the rule change, on the other hand, point to the potential financial benefits for charities and the increased fundraising opportunities that slot machines could offer.
In addition to the proposed changes regarding slot machines, the Commission is also considering updates to rules governing the distribution of charitable gaming proceeds. Under the current regulations, charities are required to allocate a certain percentage of their gaming revenue to charitable causes, with the remainder going towards operating expenses and prizes. The proposed rule changes would provide more flexibility for charities in how they allocate their gaming proceeds, allowing them to invest more money in their charitable missions and less on overhead costs.
Other proposed rule changes include updates to regulations governing the licensing and operation of charitable gaming events, as well as new requirements for background checks and financial disclosures for individuals involved in charitable gaming operations. The Commission is seeking public input on the proposed changes, with a series of public hearings scheduled in the coming weeks to gather feedback from stakeholders and members of the community.
Overall, the proposed rule changes represent a significant overhaul of the state’s charitable gaming regulations, with the potential to have a lasting impact on local charities and the gaming industry in New Hampshire. As the Commission continues to weigh the pros and cons of the proposed changes, one thing is clear: the future of charitable gaming in the Granite State is poised for a major transformation.
