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  2. Board Of Aldermen - Minutes - 8/8/2017 - P3

Board Of Aldermen - Minutes - 8/8/2017 - P3

By dnadmin on Sun, 11/06/2022 - 21:54
Document Date
Tue, 08/08/2017 - 00:00
Meeting Description
Board Of Aldermen
Document Type
Minutes
Meeting Date
Tue, 08/08/2017 - 00:00
Page Number
3
Image URL
https://nashuameetingsstorage.blob.core.windows.net/nm-docs-pages/boa_m__080820…

Special Bd. of Aldermen — 08/08/17 Page 3

Alderman Siegel

You think it would be shortsighted but, for example, a lot of the smaller municipalities might look at Nashua and
say Nashua will adopt this. They are big town so we'll ride on their coattails without having to approve keno.

Director McIntyre

I’m considered an expert in gaming on any many respects, so | don’t view keno on a good/bad question. If |
put keno up on this room, | virtually guarantee half of you wouldn’t even notice it was in the room. | guarantee
you also that things happen that are far worse than the television monitor in the corner. The premise of the
question, | don’t agree with that keno is a problem, negative or positive.

Alderman Siegel

| apologize for the...

Director McIntyre

Oh no, no worries there. Everybody jokes | went from being a prosecutor where a large portion of my job was
prosecuting gambling and then | ran the state lottery. I’ve never had a problem with it. Most of the time what |
found is no jurisdiction that has approved it has gone back on it, in Massachusetts anyway.

Mayor Donchess

Thank you for coming. When you started, you said some amount is going over the border. | missed what
those numbers are.

Director McIntyre

It’s about $920 million annually is bet in Massachusetts on keno. About 2 % percent of that is played by New
Hampshire citizens in Massachusetts annually. It’s not quite $25 million annually. They are play low dollar
value, $5 - $10 is the daily average wager amount, but they are also doing other stuff. They are buying
sandwiches, they are buying food, they are buying beer.

Mayor Donchess

If Keno were widely adopted in New Hampshire, how much do you think the educational trust fund would
realize from the keno sales?

Director Mcintyre
If it were Mass numbers, you would be looking about $30 million profitability. | would imagine you would max

out around $17 - $18 million annually. Our current estimates are for only about $9 million. If we do it wrong,
we get ten. If we get right, we should see around 12 — 15.

President McCarthy

$25 million from New Hampshire is going to Mass keno.

Director McIntyre

That’s gross dollars. About 70 percent goes to the player. It really benefits the bar owner. Most of the prices
are low dollar wins. He wins $100 in a bar or a tavern or a restaurant and then orders an extra appetizers.

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Board Of Aldermen - Minutes - 8/8/2017 - P3

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