Browse articles by topic

New Hampshire betting revenue slips to lowest monthly total since June 2020


Sports wagering revenue in New Hampshire amounted to $1.0m in February, the lowest monthly amount since June 2020 when retail sportsbooks were closed due to the novel coronavirus (Covid-19) pandemic.

Gross gaming revenue from sports betting was 44.4% lower than $1.8m in February of last year and also 87.5% down from $8.0m in January this year.

Retail accounted for the vast majority of revenue in February, generating $1.0m, while just $14,595 came from online betting.

In terms of handle, consumers wagered $70.9m on sports during the month, an increase of 39.0% from $51.0m in February 2021 but 28.7% down from $99.5m in January and the lowest monthly total since September last year.

Players spent $59.1m betting online and $11.8m at retail sportsbooks across the state.

New Hampshire was able to generate $458,353 in tax from sports betting in February, with $452,026 coming from retail activity and just $6,327 from online as players proved more successful with their bets.

For the financial year to date, revenue for the eight months to the end of February was $32.3m, with players wagering $579.4m in the process.