New Hampshire Raises Bet Limits

Granite State charities will be collecting more money now that New Hampshire has raised the maximum bet for casino games from $4 to $10. Thirty-five percent of profits from gaming in the state is earmarked for nonprofits. Jim Rafferty (l.), general manager of the River Casino & Sports Bar, says it brings more excitement to his facility.

A new law, HB 169, has taken effect in New Hampshire, raising the maximum bet for a variety of games from $4 to $10.

According to Jim Rafferty, general manager of the River Casino & Sports Bar, the higher maximum created “a different level of excitement.”

The higher limits are also expected to increase how much money is raised for the Granite State’s charities. Casinos and poker rooms are required to “donate” 35 percent of the profits to a registered nonprofit, while 10 percent goes to the state.

The law doesn’t allow a charity to benefit from more than 10 nights of play annually, which means a bigger pie to divided between a variety of beneficiaries.

The state’s nonprofits were a major factor in the legislature passing the law.