Sanborn’s Gaming License Revoked, Concord Casino Closes
· 2024-01-01

Sanborn’s Gaming License Revoked, Concord Casino Closes

Share

Andy Sanborn, former state senator and owner of Concord Casino, is facing major consequences for misappropriating COVID-19 relief funds. The New Hampshire Lottery Commission has decided to shut down Concord Casino from January 1, with a possibility of reopening in six months under new ownership. This decision, revealed on December 28, is the outcome of Sanborn’s disputed conduct.

The Commission moved to revoke Sanborn’s license in August for federal fund misuse, leading to a hearing in December. The closure decision was finalized on December 27. Sanborn, a Republican from Bedford, had planned to expand his gaming business in Concord. However, his license was revoked due to dishonest fund acquisition, false fund usage claims, inadequate record-keeping, and excessive self-payment as rent.

Investigations found Sanborn acquired $844,000 from the Small Business Administration between December 2021 and February 2022, excluding his casino from the application and misrepresenting his business activity. He allegedly spent heavily on luxury cars and claimed large sums as rent for his establishments.

Hearing inspector Michael King, while not judging the honesty of the application, found the false information sufficient for license revocation. He dismissed Sanborn’s defense regarding the car purchases and noted a violation of the credit terms.

Sanborn, absent from the hearing due to a medical appointment, has not responded to the allegations. His attorney criticized the state’s case as flawed and baseless. The casino’s closure marks a significant turn for Sanborn and New Hampshire’s charitable gaming sector, prompting a state criminal investigation following federal notification of the charges in August.

Mirax Casino 350% or 5BTC + 150 Spins!
New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins Casino
Visit Site
熱門文章
UK MPs reopen 2025 gambling inquiry as reform stalls
Regulation
Institutional Academy that exceeded expectations marked the opening of GAT CDMX
Online Game
GAT Expo Puerto Rico Will Pulse with the New Era of Gaming in the Caribbean
Marketing
Across 6 Cities: HUIDU Invites You to 8 World Cup Parties Redefining High-Value Social Networking
HUIDU Focus
Gaming & Technology Expo Makes a Powerful Entrance in CDMX
Marketing
1spin4win grows its Latin American presence by partnering with Fortuna Juegos
Online Game
Brazil Proposes Raising Gambling Tax Rate to 24%, With Revenue Allocated to Social Security and Healthcare
Regulation
Indiana online casino bill stalls in House committee
Regulation
Vietnam’s Controlled Gaming Shift Gains Ground, But Domestic Demand Still Lags
Southeast Asia
Super PAC Raises $48 Million: Sports Betting Forces Ramp Up Political Push
Regulation
SBC Summit Canada to Make Player Safety a Key Pillar of 2026 Agenda
Marketing
Full House at GAT Expo Cartagena 2026 Academic Agenda
Online Game
GAT CDMX 2025 Institutional Academy: Leaders and Experts Analyze the Present and Future of the Gaming Industry in Mexico and Lat
Sports Game
PropellerAds Shared a New iGaming Case Study: 97,674 Installs and 12,701 Deposits in 3 Months
Marketing
Are you ready to maximize your earnings? Try ProPush.me Constructor!
Marketing
首頁
遊戲
合作
發現
我的