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Slots for Education

As states struggle to find the ways to fit everything they want and need into shrinking budgets, more and more of them are looking to legalize slots so that they can bring in additional revenue and hopefully fill in some gaps along the way. New Hampshire is one of those states looking for some additional revenue, and they are also considering bringing in slots.

They have a major shortage and without additional revenue, they will drastically have to cut education funding, so if they add the slots into the state coffers, they could have enough for education as well as other programs that they would like to implement. They don’t want to raise taxes, and residents don’t want that either, so they are desperate for a new funding source.

The House Ways and Means Committee is spending the next few months going over the plans for adding gambling and seeing if it is even feasible to add slots to the state as a kind of state-regulated gambling option. They have already spoken with and looked into how it works in other states to see if it is right for them.

They are planning on giving a report to the state by November that will give their recommendation for or against adding slots or any other kind of gambling to the state. Once that is determined, if it is a yes vote, then they will need to find out exactly how much money is needed for education and plan the gambling expansion accordingly.


 

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