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NH sports betting market grows year-on-year in February


Sports wagering handle and revenue in New Hampshire both increased year-on-year in February, though the state also reported month-on-month declines.

Player spending for the month amounted to $87.0m, which was 22.7% more than $70.9m in February 2022 but 10.5% lower than $97.2m in January this year.

Of this total, $75.5m was wagered online, while the remaining $11.5m was spent betting at retail sportsbooks.

In terms of gross gaming revenue, this reached $7.1m, up 610.0% from $1.0m last year but 43.7% behind the $12.6m reported in January 2023.

Online sports betting generated more than $7.1m in revenue during the month, while in contrast, the state reported a $31,936 loss from retail sport betting.

New Hampshire collected $3.2m from sports betting during February.

For the year to date, revenue in the seven months to the end of January was $58.1m, with handle at $623.8m and tax $26.7m.