May 30th, 2008
excerpt:
CONCORD – Charity poker tournaments could see bigger bets but would pay a new state tax under a tentative agreement that key legislators approved Thursday.
The tax would raise at least $2.2 million a year from this popular form of gambling, which is used to generate profits for charities at sites across the state.
Doubling the bet from $2 to $4 should increase revenue from these games up to 40 percent, according to James Rafferty, who has opened The River Cardroom in Milford.
“I’m in the camp that thinks this is going to generate enough interest to make it all work,” Rafferty said, after House and Senate negotiators endorsed the plan.
Nashuatelegraph.com: Bets may double at charity poker games
Author Contact Info: Kevin Landrigan
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