New Hampshire SB83 regulates video lottery terminal (VLT) licenses, operations, and revenue distribution.
New Hampshire SB83 establishes regulations for video lottery terminal (VLT) licenses, operations, and revenue distribution. The bill requires VLTs to undergo testing and ensures a minimum average daily aggregate payback of 88 percent. It mandates that VLT licensees collect a sum equal to 40 percent of gross video lottery revenue for a special fund, 25 percent for the Elderly, Disabled, Blind, and Deaf Exemption Reimbursement Fund, and 50 percent for funding retirement benefits. Vouchers remain valid for 180 days, after which the licensee's obligation to pay any remaining value expires.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.