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Can you summarize NHRS Chapter 287-I?
GAMES, AMUSEMENTS, AND ATHLETIC EXHIBITIONS (Chapters 284 - 287-I) > SPORTS BETTING
Short Summary
These legal documents pertain to the operation and regulation of sports betting in the state of New Hampshire. The documents establish the authority of the commission to operate sports books for accepting and paying sports wagers. The commission selects agents through a competitive bid process and ensures their financial stability, responsibility, and integrity. The commission may also retain vendors through a competitive bid process. The documents outline the requirements for operating physical sports book retail locations, including the maximum number of locations allowed. Towns and cities have the authority to allow sports book retail locations through a voting process, while unincorporated places require a majority vote of the county delegation. The division of sports wagering is responsible for ensuring compliance with the requirements and rules set by the commission. Agents and vendors must comply with various obligations, including submitting reports, implementing controls, and maintaining responsible gaming plans. The commission has the authority to restrict or exclude wagering on sports events to ensure integrity. The commission may seek financial and compliance reports from agents and conduct audits. The proceeds from sports wagering are deposited in the education trust fund. The commission and agents are prohibited from accepting wagers from prohibited bettors, accepting wagers on prohibited events, and accepting wagers from individuals outside of New Hampshire. The source of data used to determine the outcome of certain wagers must be publicly disclosed. The commission and agents may participate in monitoring services and share information to ensure the integrity of sports wagers and events. The commission has the authority to adopt rules for the operation and oversight of sports books. These documents apply to commission agents, vendors, municipalities, the division of sports wagering, and authorized bettors.
Whom does it apply to?
Commission agents, vendors, municipalities, division of sports wagering, authorized bettors
What does it govern?
Operation of sports book retail locations, supervision and regulation of sports wagering, selection and approval of commission agents and vendors, financial and compliance reporting, oversight of sports wagering activities
What are exemptions?
Fantasy sports contests authorized pursuant to RSA 287-H
What are the Penalties?
No specific penalties are mentioned.
Jurisdiction
New Hampshire