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New Hampshire reports slight sports betting handle improvement in August

News

Player spending in New Hampshire improved marginally month-on-month in August, while the state experienced year-on-year growth across revenue and handle.

Consumers wagered a total of $43.4m on sports during the month, up 19.6% year-on-year and 1.6% higher than $42.7m in July of this year.

A large portion of this was spent betting online via DraftKings, with this reaching $32.9m. The remaining $10.5m was wagered at retail sportsbook locations across the state.

In terms of revenue, gross gaming revenue from sports betting for the month amounted to $4.2m. Of this, $3.8m was generated from online sports betting and $386,112 from retail.

The New Hampshire Lottery also reported that the state was able to generate $1.9m in tax from sports betting during the month, $1.8m of which came from online and $173,750 from retail.

For the financial year to date, consumer spending in the two months to the end of August was $86.0m, with gross gaming revenue at $8.7m and tax $4.0m.