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  2. Board Of Aldermen - Agenda - 10/12/2021 - P9

Board Of Aldermen - Agenda - 10/12/2021 - P9

By dnadmin on Mon, 11/07/2022 - 07:07
Document Date
Fri, 10/08/2021 - 11:28
Meeting Description
Board Of Aldermen
Document Type
Agenda
Meeting Date
Tue, 10/12/2021 - 00:00
Page Number
9
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_a__101220…

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CHAPTER 215
HB 480-FN - FINAL VERSION
- Page 7 -

(c) Processes for handling cash within sports book retail locations including segregation
of duties related to counting and storage of cash; and

(d) The establishment of a segregated account related to New Hampshire sports
wagering activities.

V. The commission's agents shall submit a responsible gaming plan for the division's review
and approval prior to conducting any sports wagering within the state and every year thereafter.
This plan should include identification of posting and materials related to problem gaming,
resources to be made available to bettors expressing concerns about problem gaming, house imposed
player limits, and self-exclusion programs.

VI. The commission's agents shall maintain a cash reserve available to pay wagers as
determined by the commission.

VII. The commission's agents or vendor shall not. accept any wager on a sports event unless
it has received approval from the commission to conduct that type or category of wager. A type of
wager refers to the method of determining the outcome of the wager. The category refers to the kind
of event being wagered on. The commission shall approve wager categories and types in a
reasonable time frame. Once a particular category or wager type is approved for its first use it may
be used on multiple events without further approval.

VIII. The commission shall only approve wagers on categories of events where:

(a) The outcome can be verified;

(b) The outcome can be generated by a reliable and independent process; and

(c) The event is conducted in conformity with applicable laws.
IX. Wagers made under this section shall be made with:

(a) Cash;

(b) Cash equivalent;

(c) PayPal;

(d) Debit card;

(e) ACH;

(f) Promotional funds; and

(g) Any other means approved by the executive director.

X. Any agent or contractor who sends or receives electronic sports wagers is responsible to
ensure that any transfer of that wager is initiated and received and completed within the state of
New Hampshire and that only incidental intermediate routing of the wager occurs outside of the
state. The agent and contractor shall be responsible for periodically reviewing their information
technology systems and networks to ensure compliance with this section.

287-1:9 Proceeds to Education Fund. The proceeds received by the commission from sports
wagering, less the administrative costs of the commission, prizes paid, and payments for problem

gambling services, shall be deposited in the education trust fund established in RSA 198:39.

Page Image
Board Of Aldermen - Agenda - 10/12/2021 - P9

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