New Hampshire October Sports Betting Handle Tops $47M
It might be a small state, but New Hampshire, one of just two states in New England with legalized sports betting, posted big numbers in October.
The state saw $47.05 million wagered in October handle, mobile and retail, an increase of $5.7 million, or 13.6%, over September’s $41.4 million, according to figures posted on the New Hampshire Lottery website.
The majority of the handle — $40.2 million — was placed on mobile in October, or just over 85%. The amount wagered in the state’s retail sites was $6.8 million (14.5%).
RELATED: More On New Hampshire Sports Betting
GGR (gross gaming revenue) in October was $4.2 million and state taxes amounted to just over $2 million, according to the state figures.
For the first quarter of fiscal 2021, New Hampshire saw just over $80 million in total handle, with about $74.5 million placed on mobile. Revenue for the quarter was about $4.9 million and taxes paid to the state was about $2.2 million.
New Hampshire Sports Betting October vs. September
| Total handle | Mobile handle | Revenue (GGR) | |
|---|---|---|---|
| October | $47.055M | $40.220M | $4.204M |
| September | $41.374M | $36.567M | $2.290M |
| Change | Up 13.7% | Up 10.0% | Up 83.5% |
A DraftKings State
DraftKings is the sole operator in the state. New Hampshire awarded the Boston-based gaming company exclusive rights in the state after it agreed to pay the lottery 51% of gross gaming revenue from mobile and 50% from future retail in a six-year deal. Those percentages would decrease if other operators entered the market.
DraftKings opened its first retail sportsbook in New Hampshire at The Brook casino in Seabrook on Aug. 12. Enhanced safety and sanitization protocols were in place for the opening of the new sportsbook at The Brook, which lottery officials called the “first of its kind for the state.”
Less than a month later, on Sept. 3, DraftKings and South Side Tavern in Manchester announced the opening of DraftKings Sportsbook at Manchester, the second retail sportsbook in the state.
New Hampshire Market Less Than a Year Old
Gov. Chris Sununu signed a sports betting bill into law last year and placed the first online bet in late December. The law legalized online sports betting and allows for up to 10 retail sportsbook locations in the state.
Rhode Island, which recently got rid of its strict in-person registration policy, and New Hampshire, are the only two New England states to offer sports betting. Maine passed a law last year, but it was vetoed by the governor in January. Massachusetts, Connecticut and Vermont legislatures had been considering sports betting bills in this year’s legislative sessions.
Last week the Massachusetts Senate passed a $46 billion state budget for the upcoming fiscal year, but didn’t include sports betting. Some Massachusetts legislators had restarted sports wagering efforts this fall, but it’s more likely a 2021 discussion now.
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