New Hampshire betting revenue hits $4.2m in October

The state of New Hampshire recorded month-on-month growth across its online and land-based sports betting channels in October.

According to the latest figures from the New Hampshire Lottery the state’s legal sports betting options generated $4.2m in gross gaming revenue (GGR) up from the $2.3m generated in September.

Sports betting handle also saw month-on-month growth to $47m up from the $41.4m wagered the previous month.

Online and land-based betting both see growth

Mobile sports betting, which launched in January 2020, continues to be the main source of income for the Granite State. The Lottery’s report shows that mobile betting revenue in October amounted to $3.8m up 65.2% from the $2.3m generated in September.

Mobile betting was the most popular way to bet in October and accounted for $40.2m of the state’s total betting handle, up 9.8% on September’s mobile betting handle.

Land-based betting, which launched in August with the opening of a DraftKings-branded sportsbook at Eureka Casino-owned venue The Brook, saw revenue hit $450,149. The state’s land-based betting revenue in October was up from the $29,902 lost in September.

Land-based betting handle came to $6.8m in October up from the $4.8m wagered the previous month.

DraftKings remains the sole operator in NH

In July 2019, New Hampshire became the second New England state to legalise sports betting. Land-based, online and mobile sports betting is legal under the state’s law which allows the New Hampshire Lottery to award licenses to 10 land-based venues and five online and mobile sportsbooks.

At the end of November, DraftKings was awarded an exclusive contract to offer sports betting after being selected through a competitive bidding process.

In addition to mobile sports betting, DraftKings currently runs land-based sportsbooks at the Filotimo Casino & Restaurant and a temporary facility at the Twin River Mardi Gras Casino.

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