The proposed bill, SB 168-FN, establishes a regulatory framework for online gambling in New Hampshire, creating the Elderly, Disabled, Blind, and Deaf Exemption Reimbursement Fund (EDBDER Fund) to compensate municipalities for tax exemptions granted to vulnerable populations. This fund will be financed through fees collected from online gambling activities. The bill amends RSA 647:2 to recognize online gambling as a legitimate form of gambling and introduces a new chapter, RSA 287-J, which defines key terms and sets licensing requirements for online gaming operators. The commission will oversee the approval of a limited number of operators and ensure compliance with age verification, identity checks, and responsible gambling measures.

Additionally, the bill mandates that internet gaming operators submit various reports for commission approval, including security and internal control measures, and maintain a cash reserve for wagers. It requires operators to collect 45% of gross online gaming revenue, which will be allocated to the Lottery Fund, the EDBDER Fund, and the General Fund. Significant legal changes include new obligations for operators to comply with anti-money laundering standards and restrictions on operations in sanctioned jurisdictions. The act is set to take effect on January 1, 2026, with online gaming expected to commence by July 1, 2026, and is projected to generate approximately $36.2 million annually by FY 2027.

Statutes affected:
Introduced: 647:2, 6:12