The Keene City Council has voted to accept money from Revo Casino and Social House, making the city the third municipality in New Hampshire to benefit from a state law that allows charitable gaming facilities to share revenue with their host communities.
Councilors approved the agreement Thursday night by an 8-7 margin after a lengthy debate over whether accepting casino funds would help taxpayers or create ethical problems.
Under the agreement, Keene will receive 35 percent of Revo’s table game profits and a share of slot machine revenue generated between Dec. 17 and Dec. 26. City officials expect the city’s cut to total between $16,000 and $20,000, though Revo partner Dick Anagnost said it could reach $25,000. The money will go into the city’s general fund, with decisions on how to use it left for a later council discussion.
