Suspended New Hampshire Casino Owner Likely to Be Sold at Sale

Former New Hampshire State Senator Andy Sanborn is facing accusations of misusing over $800,000 in COVID relief funds, as reported by an extensive eight-month investigation. Sanborn, who also owns the Concord Casino, allegedly misused $844,000 in Small Business Administration (SBA) loans.

As a result of the ongoing probe, Sanborn’s Concord Casino at the Draft Sports Bar and Grill in Concord was closed on January 1, 2024, after the New Hampshire Lottery Commission suspended his gaming license.

Although the deadline for Sanborn to appeal his license suspension passed earlier this month, no appeal request was received by the Lottery Commission. This means that the Concord Casino will remain closed, and Sanborn will be required to sell the venue within six months, with the process overseen by the Lottery Commission.

Michael King, an examiner in the case, stated that the Commission may consider revoking Sanborn’s license if he fails to sell the property within the specified timeframe. The Commission also confirmed that they have been periodically reviewing surveillance to ensure that no gaming is taking place at the closed venue.

The accusations against Sanborn allege that he filed a COVID-19 relief funds application under a different company name, listing his gambling business as “miscellaneous,” which allowed him to bypass the prohibition for such businesses to benefit from loans.

It is alleged that Sanborn used the fraudulent funds to finance a lavish lifestyle, including purchasing a Ferrari sports car for his wife for $80,000, two Porsche cars for himself for $181,000, and paying himself $183,000 in the form of “rent” for his Concord Casino property.

These allegations have led to the shutdown of Sanborn’s business and the requirement for him to sell the venue, with potential consequences for his gaming license. The case continues to unfold as authorities review the evidence and await Sanborn’s next steps.