Miracle Mile Charitable Gaming Property
Miracle Mile Charitable Gaming Property
On the Miracle Mile, a building that used to be a car dealership has been turned into a charitable gambling casino and restaurant. The land will be fixed up by the developer, and then a beautiful new casino will be built on it.
The history of the property:
Jonathan Gengras of Connecticut and Stefan Huba, an entrepreneur in the casino gaming business, are waiting for the Lebanon Planning Board to give them permission.
The partners want to build a restaurant that can seat forty-one people. Also, at 369 Miracle Mile, there will be a bar and a place to play games. The spot is between a place that sells auto parts and a place that sells motorcycles.
The state of New Hampshire has laws about “charitable gambling.” Charity groups will benefit from this deal because 35% of all profits will be given to them. The law lets people play poker, bingo, the lottery, keno, raffles, and other casino games like roulette, blackjack, and electronic slot machines.
The New Hampshire Lottery Commission will decide which groups will get money from the lottery. Non-profit groups that want money must fill out a request. Also, they must have been registered for at least two years with the New Hampshire Secretary of State’s office and the N.H. Charitable Trust Division of the Attorney General’s office.
On the website of the Lottery Commission, you can find a list of registered nonprofit organizations. At the moment, the list has about 12,000 different organizations on it.
According to a description from the city, it first opened four years ago at 45 Hanover Street. Aside from poker, there are also 34 slot machines and tables for roulette and blackjack.
How the property was meant to be used:
In the Miracle Mile project proposal, it says that the plan is to add 17,335 square feet of space on the first floor and 1,360 square feet of space on the mezzanine.
Before this deal, the dealership was called Gerrish Honda, and an Upper Valley car dealer named Kurt Gerrish owned it. In 2016, Gengras Motors, which Gengras and his brother E. Clayton own, bought the car lot. The name of the business has changed to Gengras Motors, and in July 2020, it will move to White River Junction.
As a result of the project application, Gengras will keep ownership of the property. Huba will rent the property, but no one has said anything about this in public yet.
Monday is when the application will be looked at, and that’s also when the date of the public hearing will be set. Also, the official tour of the property will be set up.
