New Hampshire June Betting Handle Dips Again, But Revenue Up

New Hampshire June Betting Handle Dips Again, But Revenue Up
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Sports betting in New Hampshire saw a decline for the third straight month as handle in June was down 7.3% from May.

The total handle for June was $39.3 million for New Hampshire sports betting, compared to the $42.4 million in May.

New Hampshire handle had a record in January at $59.8 million. But it has been mostly down since then. March was the only month since then where handle increased.

The June online sports betting handle was $31.1 million, down 6.6% from May’s $33.3 million.

Interest in sports betting usually is down nationally in the spring and summer without NFL betting and college football betting. But there was some good news in New Hampshire in June.

June gross gaming revenue from sports betting in New Hampshire was $3.9 million, up 24.2% from May when it was $3.12 million. Correspondingly, the June state revenue share for New Hampshire was $1.8 million, up 25.4% from May’s $1.4 million.

DraftKings Sportsbook is the sole operator in New Hampshire and pays a tax rate of 51% to maintain its monopoly there.

New Hampshire Sports Betting June vs. May

Total handle Mobile handleRevenue (GGR)
Change Down 7.3% Down 6.6% Down 24.2%

New England Sports Betting Update

We knew that New England was going to have another legal state as Connecticut sports betting looks to launch during the NFL season.

In addition to New Hampshire, Rhode Island is already taking sports wagers.

And there is expected to be some news on Massachusetts sports betting this week as the House gets ready to vote on a bill there. It would still need to get through the Senate. But it’s progress in a state that hasn’t seen much movement the last few years.

Unfortunately, sports betting in Maine will have to wait until next year as a bill stalled in the legislature this month.

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