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Sometime this month, rumors began to surface in New Hampshire that the House Ways and Means Committee voted in favor of a bill that would bring slot machines to casinos in the state.  The vote was in fact is support of further considering the issue in the next term.

End of term committee votes can be difficult to understand, especially when it concerns interim study bills.  The fact that a majority of House members voted in favor of further study does not mean they favor online casinos in New Hampshire.  Many of them simply believe that the issue should not be completely thrown out.  Tax on slot machines could be a great way to bring money into state coffers.   

Legislators in New Hampshire have several questions they need answered before approving slot machines.  There is the question of the economic and social cost the slot machines may wage on the communities they find themselves in.  Some legislators question the whether revenues from slot machines will actually outweigh the cost of installing them.

 There are doubts about slot machines as a viable source of revenue in the state.  Some argue that slot machine revenues could sustain the state for the next ten years while other argue that even minor social expenses could immediately wipe out what ever gain slot machines have to offer.  The slot machine industry insists they know best what slot machines have to offer the state of New Hampshire.

Then there are question of competition.  Many legislatures doubt slot machines can remain profitable especially if neighboring states like Massachusetts choose to legalize slot machines next.

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