Revenue Rises But Handle Dips in NH November Sports Betting

Revenue Rises But Handle Dips in NH November Sports Betting

New Hampshire’s sports betting revenue rose more than 13% in November compared to October, even as the handle fell slightly, by about 1%.

The state drew $46,523,447 in total sports betting handle in November, down by 1.1% compared to the previous month’s $47,055,486.

But gross gaming revenue (GGR) rose 13.5%, from $4,203,875 in October to $4,770,459 in November.

RELATED: More On New Hampshire Sports Betting

Sports betting in New Hampshire is available only via DraftKings retail locations or its mobile app, as well as at lottery retailers. Mobile sports betting fell from $40.2 million to $38.9 million, a 3.3% decline, in a month-to-month comparison, according to figures posted by the New Hampshire Lottery. But retail betting rose 11.8%, from $6.8 million to $7.6 million.

The state collected $2,323,843 for its share of revenue in November.

New Hampshire Sports Betting November vs. October

Total handle Mobile handleRevenue (GGR)
ChangeDown 1.1%Down 3.3%Up 13.5%

DraftKings is Sole New Hampshire Sportsbook Operator

When the state drew up its sports betting rules, it gave DraftKings exclusive sportsbook rights. DraftKings agreed to pay the lottery 51% of gross gaming revenue from mobile and 50% from future retail in a six-year deal. If any other sportsbooks begin operating in New Hampshire, DraftKings reserves the right to decrease those percentages.

There are two retail DraftKings locations, both in the southern part of the state. One is at The Brook casino in Seabrook and the other is at the Filotimo Casino in Manchester. The latter facility is about a 20-mile drive from New Hampshire’s capital, Concord.

Both locations are within easy reach of bettors in northern Massachusetts, a state which does not yet have legal sports betting. New Hampshire is one of two New England states with legal sports betting, the other being Rhode Island.

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