Major interest in New Hampshire sports betting

Many companies have submitted their interest in New Hampshire sports betting.
Many companies have submitted their interest in New Hampshire sports betting.

Lottery officials revealed that thirteen companies have submitted proposals to run New Hampshire’s sports betting system.

US.- New Hampshire recently legalised sports betting and operators are already swarming the state. According to state lottery officials, thirteen companies have submitted proposals to run the state’s system for the segment.

“We are pleased and encouraged at both the robust number of responses and the overall quality of the proposals,” lottery director Charlie McIntyre said.

Segment’s legalisation

Governor Chris Sununu signed into law a sports betting bill late on Friday. The state has become the latest in the United States to legalise the sports betting industry.

The state is now eligible to offer betting on professional sports and most of Division I college sports. The legislative piece also allows mobile betting and retail gambling at 10 locations.

The New Hampshire Lottery Commission will regulate sports betting. It may bring US$7.5 million for education in fiscal year 2021 and US$13.5 million by 2023.

“We can do it with a lot of confidence because it’s being done responsibly, and it’s being done with an organisation here at the lottery that just knows what they’re doing. They know how to get this stuff on the ground,” Sununu said.

Rep. Timothy Lang, R-Sanbornton, sponsor of the bill, said: “I’m happy we’re bringing an illicit activity into the light for our citizens of New Hampshire and allowing for some consumer protections.”

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