New Hampshire Sports Betting Handle, Revenue Grew In Oct.

• New Hampshire sports betting handle reached a total of $47,055,486 from mobile and retail sportsbooks combined.
• Sports betting handle in N.H. was $40.2 million dollars alone, or 85% of the total.
• New Hampshire does not have in-person registration for mobile sports betting, allowing residents of neighboring states to use the state’s DraftKings app.

CONCORD, N.H. – The month of October saw some of the biggest sporting events of the year take place. It also saw New Hampshire sports betting achieve the biggest handle of the state’s current fiscal year.

According to the New Hampshire Lottery reports, the Granite State was able to haul in a total of $47,055,486 worth of betting handle from retail and mobile sportsbooks.

DraftKings mobile sportsbook, the only current online sports betting site in the state, took in $40,220,374 alone or roughly 85%. The state’s two retail sportsbooks, The Brook Casino in Seabrook and South Side Tavern in Manchester, were able to collect $6,835,112 or roughly 15%.

The legal sports betting handle in the month of October alone translated into $2,001,597 to the state’s coffers.

A Deeper Look Into the Numbers

While the handle was impressive for a state the size of New Hampshire, what was more impressive was the amount of revenue it collected.

The state’s 2021 fiscal year began in July. The amount of sports betting revenue the state collected from July, August, and September amounted to $2,200,361. October almost reached that amount within a single month.

October featured a full month of NFL betting week to week as well as other major sporting events such as the NBA Finals, the MLB Playoffs and the MLB World Series.

New Hampshire sports betting revenue is was also able to attain such a high number because of the state’s contract with their sole sports betting provider, DraftKings.

DraftKings has agreed to pay the state 51% of all gross gaming revenue each month until another sportsbook operator enters the market.

The handle itself is also able to reach such massive numbers due to the fact that in-person sports betting is not required to use DraftKings online sportsbook. Bettors from neighboring states such as Maine, Vermont, and Massachusetts are able to drive into New Hampshire, place their bets, and return home.

The only competition New Hampshire has in the New England area is Rhode Island who only has one sports betting site that doesn’t nearly have the cache that DraftKings has. Until the other states legalize sports betting, New Hampshire can hold somewhat of a monopoly over the industry.

News tags: DraftKings | Manchester | MLB Playoffs | MLB World Series | NBA Finals | New Hampshire | NFL Betting | Seabrook | South Side Tavern | sports betting revenue | The Brook