CONCORD, N.H., June 9, 2021 /PRNewswire/ -- New Hampshire Governor Chris Sununu signed House Bill 626 into law yesterday, thereby authorizing pari-mutuel wagering on historical horse racing (HHR) in the state. The legislation will allow New Hampshire charitable gaming facilities that were licensed as of May 1, 2020 to offer HHR. Tax revenue generated from HHR wagers will be allocated to the New Hampshire education trust fund and to local New Hampshire charitable organizations.
"We are so grateful to our primary bill sponsors Representative Pat Abrami and Senator Harold French, longtime supporters like Representatives Fred Doucette and Jennie Gomarlo, and of course Governor Sununu for signing the bill into law," commented Exacta Systems Chief Business Development Officer Patrick Neely. "Passage of this legislation was truly a group effort, and we were pleased to play a role in a broad coalition of New Hampshire charitable organizations and charitable gaming operators. We have no doubt that HHR will prove to be as successful in New Hampshire as it is in other jurisdictions, and that it will generate significant new tax revenue and financial support for countless New Hampshire charities. Exacta looks forward to playing a role in that future success, and we are excited to announce our expansion plans and partnership agreements in New Hampshire in the coming weeks."
About Exacta
Exacta Systems is a leader in the Historical Horse Racing and central determinate technology markets. Its Exacta Connect product supports a "build once, deploy many" regulatory approved system that delivers engaging and entertaining games across different central determinate market segments. Exacta's best of breed HHR library, combined with its open system platform that accommodates third party-manufacturer content, ensures that HHR customers enjoy a second to none entertainment experience. For more information about the company and the Exacta historical horse racing system, visit www.exactasystems.com.
SOURCE Exacta Systems