Governor’s Budget Proposes Allocation of New Charitable Gaming Revenue

The Governor’s proposed budget includes a plan to allocate revenue from proposed video lottery terminals (VLT) to support New Hampshire nonprofits and other key state initiatives.

Under the current proposal, 35% of gross VLT revenue will be distributed to charitable organizations, ensuring ongoing support for nonprofits. Additionally, each VLT licensee will be required to partner with two licensed charitable organizations for every game date.

Beyond charitable funding, the proposal directs additional VLT revenue to the Education Trust Fund, Group II pension reform, and the state’s general fund.

The budget is now under legislative review, with its final approval dependent on the state’s budget process. Further updates will be provided as the proposal moves through the legislature.