Gambling Good Times: A Look at New Hampshire's Charitable Gaming Scene
Charitable gaming in New Hampshire experiences a significant 76% increase compared to the previous year, as reported in April.
Charity's been raking it in big time in the Granite State! April's charitable gaming earnings skyrocketed to $23.4 million, a whopping 76% increase from the previous year. The boost? Two casinos expanding their operations, and one brand spankin' new kid on the block.
The Nash Casino, freshly opened in March 2024, marked the highest revenue surge of all casinos, rising an impressive 859% year-over-year. Right on its heels was Revo Casino Lebanon, with a 296% boost in revenue. Both have made some serious upgrades, flaunting larger, shinier digs!
The numbers, as per the New Hampshire Lottery, show that historical horse racing netted a massive $18 million in April, a 92% year-over-year jump. Games of chance earned $5.3 million – a 58% increase from the previous blurry round.
Seven casinos broke the $1 million mark in charitable gaming revenue: Nash Casino leading the pack with $4.7 mil, followed by The Brook Casino at $4.3 mil, Revo Casino Manchester at $2.2 mil, Gate City Casino at $1.8 mil, Revo Casino Dover at $1.2 mil, Lilac Club Casino with $1.2 mil, and Revo Casino Lebanon at $1.1 mil.
Even with these explosive numbers, not everyone's having a ball. Gate City Casino recorded a 11% drop, diving from $2 million to $1.8 million. And Aces + Eights Casino and Revo Casino Keene experienced revenue declines of 79% and 3%, respectively.
Fun fact: Aces + Eights Casino at Hampton Beach Casino gave $250,000 to 82 charities last year – a pretty impressive charity drop!
Insider Info:
- Charitable gaming in New Hampshire managed to contribute a whopping $39 million to charities in 2024 [Source].
- Nash Casino donated $1.6 million to local non-profits in a recent year [Source].
- Smaller charities struggle to secure fundraising dates at casinos, which impacts their access to charitable gaming revenue [Source].
- The Hampton Beach Casino is planning a considerable expansion of its charitable gaming facility, increasing its gaming footprint to around 31,000 square feet [Source].
- Lawmakers are discussing lifting the $50 betting limit on table games to attract high-stakes players and boost revenue for both the state and charities [Source]. This move is aimed at keeping New Hampshire competitive with neighboring states like Massachusetts.
Casino-and-gambling has been a significant contributor to charities in New Hampshire, with a notable surge in revenue due to the expansion of casinos and the introduction of a new casino like The Nash Casino. The success of casino-games in the state is evident in the revenue figures, with historical horse racing and games of chance making significant contributions. Intriguing casino-personalities include the executives of the casinos, particularly those responsible for strategic decisions such as expansions and upgrades. The casino-culture in New Hampshire is shaped not only by the venues and games but also by the charitable contributions they make and the impact on the local community. For instance, the Nash Casino donated $1.6 million to local non-profits in a recent year.
