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Mobile drives NH sports betting revenue up to $4.2m in October

News

The New Hampshire Lottery generated $4.2m in gross gaming revenue (GGR) from sports betting in October, as the state reported month-on-month growth across both mobile and retail channels.

GGR for the market, from DraftKings’ offerings in the state, was up 45.2% from $2.3m in September, while the state’s handle also increased 13.8% to $47.1m.

Mobile sports betting, which launched in January of this year, was by far the main source of income, with revenue here amounting to $3.8m, up 65.2% from $2.3m in September.

Players also wagered $40.2m via mobile, an increase of 9.8% from September and representing 85.4% of the total amount bet during the month.

In terms of retail, which did not launch until August when DraftKings opened a sportsbook in partnerhsip with Eureka Casino-owned venue The Brook, revenue reached $450,149, compared to a loss of $29,902 in September

Retail handle amounted to $6.8m, which was 70.6% higher than $4.8m wagered in the previous month.

For the fiscal year to date – from July 1 to the end of October – GGR from sports betting in New Hampshire stood at $9.1m, with players having spent a total of $127.5m.

Mobile revenue for the four months to October 31 was $8.6m, ahead of retail on $486,610.

DraftKings remains the only active operator across mobile and retail in the state. It also runs a retail sportsbook at the Filotimo Casino & Restaurant and a temporary facility at the Twin River Mardi Gras Casino.