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Displaying articles 21 to 35 out of 35 total.
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Concord Casino owner seeks another extension after former buyer withdraws, new offer comes in lower
09-10-2024 9:59 AM

By SRUTHI GOPALAKRISHNAN

Andy Sanborn’s attorneys are requesting another extension to close the sale of the Concord Casino. This time, the deal hit a snag as the buyer, who seemed ready to seal the agreement, unexpectedly pulled out.The original deadline to sell Sanborn’s...


Documents may have been mishandled in Concord Casino owner’s ongoing dispute with AG
09-05-2024 9:06 AM

By SRUTHI GOPALAKRISHNAN

In an ongoing legal battle between Anthony Sanborn, owner of now-shuttered Concord Casino, and the New Hampshire Attorney General, a new issue involving the handling of privileged documents has emerged.On Aug. 21, Judge John Kissinger of the Merrimack...


New Hampshire’s burgeoning casino industry set for rapid growth, but lacks key regulations, consultants say
09-03-2024 6:02 PM

By SRUTHI GOPALAKRISHNAN

New Hampshire’s evolving gambling industry, though on par with other states’ regulations, raises the question of whether it’s fair that many charities continue to miss out on the benefits of the state’s charitable gaming model.Casinos are allowed to...


New Hampshire has no locally owned casinos, state eyes new regulations
07-23-2024 4:48 PM

By SRUTHI GOPALAKRISHNAN

New Hampshire’s casino industry is growing rapidly, with 12 active casinos and four more in the pipeline, yet none are locally owned.Originally intended to be small, locally owned establishments designed to support local charities and nonprofits, many...


No authority for attorney general in Concord Casino sale, rules judge
07-15-2024 1:34 PM

By SRUTHI GOPALAKRISHNAN

The sale of Concord Casino is moving forward after an administrative judge ruled that the Attorney General does not have the authority to dictate the sale agreement terms between operator Andy Sanborn and the buyer.In a decision issued on Friday,...


Andy Sanborn's legal team accuses state of stalling Concord Casino sale
07-10-2024 1:59 PM

By SRUTHI GOPALAKRISHNAN

Concord Casino has a buyer lined up, but attorneys for Andy Sanborn, operator of the casino on South Main Street, argue that the Lottery Commission and Attorney General have been stalling the sale in bad faith.But the state has vehemently denied...


Updated: Andy Sanborn gets 3-month extension to close casino sale
07-03-2024 6:56 PM

By SRUTHI GOPALAKRISHNAN

Andy Sanborn, operator of the Concord Casino on South Main Street, has been granted a 90-day extension to finalize its sale, signaling near completion in negotiations, with a prospective buyer potentially from a Las Vegas-based gambling firm.On July...


Andy Sanborn closer to new casino construction off Loudon Road after court order
07-02-2024 5:02 PM

By SRUTHI GOPALAKRISHNAN

Andy Sanborn’s proposed 43,000-square-foot casino off Loudon Road could be one step closer to construction after a lawsuit challenging the city Zoning Board’s approval of the development was denied.Kassey Cameron, a Concord resident, filed lawsuits...


Gaming company skips funding for problem gambling efforts
05-07-2024 6:02 PM

By SRUTHI GOPALAKRISHNAN

An ongoing review of the state’s charitable gaming laws has sparked concerns over Ainsworth, a company operating nearly half of the historical horse racing terminals that avoids paying money to fund problem gambling services.While the company’s...


Committee approves bill allowing host communities to join charitable gaming
04-23-2024 4:13 PM

By SRUTHI GOPALAKRISHNAN

The House Ways and Means Committee unanimously voted on Tuesday to advance Senate Bill 472, which allows host communities to participate in charitable gaming alongside charities and non-profits.Senate Bill 472, now heading to the full House of...


Charities will not have to pay rent to casinos under new law
04-23-2024 3:56 PM

By SRUTHI GOPALAKRISHNAN

Deb Leahy can finally breathe easy, freed from the fluctuating rental fees each time her organization partners with a New Hampshire casino for donations.Thanks to a new law, casinos are now prohibited from imposing rent charges on charities for...


With less than three months left, Concord Casino hasn’t found a buyer
04-16-2024 4:18 PM

By SRUTHI GOPALAKRISHNAN

At the start of the year, Concord Casino was ordered to close its doors and sell the business within six months, but, so far, no buyers have stepped forward to acquire the establishment.“There’s been no change in the status of the Concord facility,”...


Commission selects experts to review state's charity gaming
03-25-2024 5:44 PM

By SRUTHI GOPALAKRISHNAN

A consultant will study New Hampshire’s rapidly growing charitable gaming business model and analyze the state’s gaming laws and policies compared to other states.With a budget of $175,000 allocated for this purpose, a committee overseeing the state’s...


Sunshine Week: How much oversight does the Lottery Commission have over casinos?
03-16-2024 10:00 AM

By SRUTHI GOPALAKRISHNAN

New Hampshire’s 13 legal gaming halls – with hundreds of employees serving thousands of gamblers – took in more than $170 million in revenue last year, more than double the amount collected in 2022.As revenue hits record highs and the number of...


Host municipalities could receive casino donations with new bill
01-08-2024 6:04 PM

By SRUTHI GOPALAKRISHNAN

A proposed bill aims to broaden who can get money from charitable gaming in the state by allowing host municipalities to get a piece of the proceeds.State Sen. Timothy Lang, said the motivation behind this change is to provide communities with minor...

Displaying articles 21 to 35 out of 35 total.
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