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Millennium Interest in Slot Machines

Millennium Gaming is serious about bringing slot machines to New Hampshire’s Rockingham Park.  The Las Vegas based casino operator is ready to spend close to half a billion dollars.

Since 2005, Millennium Gaming has been sitting on an option to buy Rockingham Park.  The company fully believes that if slot machines were spinning at the racetrack, the venue would morph into a very successful entertainment and gambling venue.  Not only that but, the state of New Hampshire would benefit big time off of the tax revenue. 

A newly formed coalition named Fix It Now New Hampshire – made up of business, gambling, and labor union representatives – is pushing for slot machines as the solution to the impending New Hampshire budget shortage. 

In past, several efforts have been made to legalized slot machines and expand gambling in New Hampshire.  To this day all efforts have failed.  But times have changed and with the sluggish economy and a budget shortage that could be as great as $400 billion over the next two years, slot machines are starting to sound like a good idea to some.  This is similar to the trend that eventually resulted in Maryland legalizing slot machines last month. 

“If the state is looking for new revenue to address this budget challenge, it can't afford to risk our economic advantage by implementing a sales or income tax,” said Chuck Morse, a member of Fix It Now New Hampshire and a former New Hampshire senator.

One year ago, Millennium proposed legalizing slot machines.  The effort was not successful.



 

 

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