HB 736-FN - AS INTRODUCED
2025 SESSION
25-0752
02/08
HOUSE BILL 736-FN
SPONSORS: Rep. Doucette, Rock. 25
COMMITTEE: Ways and Means
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ANALYSIS
This bill requires the lottery commission to issue licenses to at least 3, but no more than 5, mobile sports wagering agents within 2 years of the effective date of this act, and provides that such licenses shall be valid for a period of 10 years.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0752
02/08
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Mobile Sports Wagering Authorized; Number of Agents. Amend the introductory paragraph of RSA 287-I:7 to read as follows:
The commission and its agents are authorized to operate sports books that offer tier I, tier II, and tier III sports wagers through a mobile sports wagering platform by mobile devices or over the Internet. No more than 5, and not fewer than 3, mobile sports wagering agents shall be in operation at any given time. The commission shall issue licenses pursuant to this section to at least 3 agents no later June 30, 2027. Such licenses shall be valid for a period of 10 years. With respect to mobile sports wagering, the commission, either independently, or through its agent, shall provide:
2 Effective Date. This act shall take effect July 1, 2025.
25-0752
Revised 1/27/25
HB 736-FN- FISCAL NOTE
AS INTRODUCED
FISCAL IMPACT: This bill does not provide funding, nor does it authorize new positions.
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Estimated State Impact | ||||||
| FY 2025 | FY 2026 | FY 2027 | FY 2028 | ||
Revenue | $0 | $0 | $5,500,000 Decrease | $5,500,000 Decrease | ||
Revenue Fund(s) | Lottery Fund/Education Trust Fund - Lottery revenue is credited to the lottery fund, with net revenues after expenditures being credited to the state education trust fund. | |||||
Expenditures* | $0 | $0 | $419,000 Increase | $426,000 Increase | ||
Funding Source(s) | Lottery Fund/Education Trust Fund - Lottery revenue is credited to the lottery fund, with net revenues after expenditures being credited to the state education trust fund. | |||||
Appropriations* | $0 | $0 | $0 | $0 | ||
Funding Source(s) | None | |||||
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill |
METHODOLOGY:
This bill requires the Lottery Commission to issue licenses to at least three (3), but no more than five (5), mobile sports wagering agents, no later than June 30, 2027, and provides that such licenses shall be valid for a period of 10 years. The Lottery Commission, based on the information and assumptions provided below, state this bill would result in a decrease to state revenue of approximately $5.5 million per year, beginning in FY 2027, and increase Lottery administrative expenses by $419,000 in FY 2027 and $426,000 in FY 2027, for a net impact on transfer of Lottery revenue to the education trust fund of approximately $5.9 million in each FY 2027 and FY 2028.
The Lottery Commission has provided the following assumptions relative to this bill:
Fiscal Impact Calculations
Based on a revenue share structure like Vermont (discussed above), with three (3) licensees, it is estimated state revenue would be $24,800,000*, a decrease in revenue of $5,500,000 per year for FY 2027 and FY 2028. In addition, Lottery administrative expenses would also increase relative to the need for three additional positions and increased IT related costs. Below is a summary of the potential fiscal impact of this bill:
| FY 2027 | FY 2028 |
Revenue Decline | ($5,500,000) | ($5,500,000) |
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Position Costs | $269,000 | $276,000 |
IT Costs | $150,000 | $150,000 |
Total Increased Costs | $419,000 | $426,000 |
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Impact to Lottery Net Profit / Transfer to ETF | ($5,919,000) | ($5,926,000) |
*The annual revenue estimate of $24,800,000 was determined by using a 20% increase in handle, and a hold of 10%.
Implementation Concerns
The Lottery Commission has identified the following implementation concerns relative to this bill:
AGENCIES CONTACTED:
Lottery Commission
March 13, 2025: Persuant to House Rule 39(e), Withdrawn: MA VV HJ 8
Jan. 22, 2025: Introduced (in recess of) 01/09/2025 and referred to Ways and Means HJ 3 P. 25