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NH sees betting handle dip but revenue grow in November


The New Hampshire Lottery has reported a month-over-month decline in amounts wagered on sports for November, though revenue for DraftKings’ sportsbook in the state hit a new high of $4.8m.

Handle for the month came to $46.5m, down 1.1% from October’s $47.1m in stakes, following a 3.3% decline in mobile’s contribution to $38.9m. Retail stakes, on the other hand, were up 11.8% to $7.6m, with two DraftKings sportsbooks opened in the state since August. 

Despite the slight decline in handle, gross revenue after winnings were paid out rose month-on-month in November to $4.8m, a 13.5% improvement on October’s $4.2m total. 

This was generated largely through DraftKings’ mobile sportsbook, which accounted for $3.8m (79.8%) of the total, with a further $965,465 in GGR generated through the retail locations. 

With the state receiving 49% of sports betting revenue through its exclusive agreement with DraftKings, this resulted in New Hampshire generating $2.3m from the vertical in November. 

This means that for New Hampshire’s fiscal year to date, from 1 July to 30 November, players have wagered $174.1m, resulting in gross revenue of $13.9m, and $6.5m being returned to state coffers.