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New Hampshire smashes sports betting revenue record in January


Sports wagering revenue reached an all-time high in New Hampshire in January, while player spending fell just short of the state’s monthly record.

Gross gaming revenue for January amounted to $12.3m, a year-on-year rise of 53.8% from January 2022 and also 47.7% higher than in December of last year.

The January figure surpassed the existing monthly record of $9.1m that was set in October 2022.

Of the revenue generated in January, $8.0m came from online betting, while $4.3m was collected from retail sportsbooks.

Turning to player spending and the state’s handle for the month reached $97.2m, down 2.4% from the record $99.5m wagered in January last year, but a month-on-month rise of 6.8%,

Some $75.2m was spent betting on sports online, while consumers in New Hampshire also wagered $21.9m at land-based facilities.

The state collected $5.6m from sports betting during the month.

For the year to date, revenue in the seven months to the end of January was $50.7m, with handle at $536.8m and tax $23.4m.