Sports betting revenue in New Hampshire fell for the third consecutive month in August, while player spend slipped to its lowest sum since August 2020.
Gross gaming revenue for the month amounted to $1.6m, up 14.3% from $1.4m in the same month last year, but 48.4% lower than $3.1m in July this year. This represented the lowest monthly revenue figure since $1.8m was posted for February this year.
Mobile revenue accounted for $1.5m of the total in August, with just $95,892 coming from retail sportsbooks in the state.
Looking at handle for the month, players wagered $36.3m on sports, an increase of 32.0% on last year, but the lowest monthly total since $27.5m was bet in August 2020.
This was also 1.1% down from $36.3m in July this year, marking the fifth consecutive month of handle decline in the state.
Consumers spent $29.6m betting via mobile devices during the month, as well as $6.8m at retail sportsbook locations across New Hampshire.
The state collected $723,016 in tax from sports betting in August, with $679,865 coming from mobile activities and $43,151 via retail.
For the financial year to date, revenue in the two months to the end of August amounted to $4.7m, with the state’s handle reaching $73.0m.