DraftKings signs contract in New Hampshire

The operator DraftKings has signed a sports betting contract with the New Hampshire Lottery Commission.

US.- The New Hampshire Executive Council voted on Monday to approve a contract between DraftKings and the New Hampshire Lottery. This agreement paves the way for sports betting to launch in the state.

DraftKings was selected through a competitive bidding process, offering the New Hampshire Lottery the best financial package, the most highly rated mobile sports betting app, and the fastest implementation timeline. Under the approved contract, the New Hampshire Lottery will receive 50% of gaming revenue from sports betting sales, maximizing revenue for education in New Hampshire. In order to work in closer collaboration with the New Hampshire Lottery, DraftKings also plans to open an office in the state.

“We moved fast to get this done, and the deal is a win for New Hampshire,” said Governor Chris Sununu. “We are partnering with a world-class company to provide a first-rate customer service experience. With today’s vote, everyone will now be able to bet on Tom Brady and the New England Patriots in time for this year’s Super Bowl.”

“[The vote] begins a partnership with DraftKings that will offer our players an exciting opportunity to participate in sports betting with a trusted partner,” said Charlie McIntyre, executive director, New Hampshire Lottery.

“The introduction of sports betting will broaden the appeal of the New Hampshire Lottery and engage new and existing customers while generating millions of dollars in additional revenue to support education. We are working directly with DraftKings to implement a sports betting system that both engages players, while also ensuring all appropriate safeguards are in place. The New Hampshire Lottery and DraftKings expect to launch mobile sports betting this January.”