If the bill passes, Historic Horse Racing would be limited to already licensed casinos and the five pending casino applicants.
Without the bill, the moratorium is set to sunset next summer, potentially opening up Historic Horse Racing across the state. The Ways and Means Committee pushed through SB 112 last week, which extends the moratorium on new Historic Horse Racing licenses but adds a carve-out for any pending license currently under consideration by the New Hampshire Lottery Commission. The question is, are they going to benefit from Historic Horse Racing? There are links between the Salem casino proposal and Tuscan Village developer Joe Faro, as well as to the family behind Sal’s Pizza. Public documents obtained by NHJournal point to well-known developers involved in a new casino project in Salem. No one knows who is about to win big with casino licenses, including lucrative Historic Horse Racing, but that didn’t stop the House Ways and Means Committee from making it rain.
