New Hampshire sports betting revenue hits $4.6m in October

Sports betting in New Hampshire generated $4.2m in revenues in October.
Sports betting in New Hampshire generated $4.2m in revenues in October.

DrafKings is the only operator in the state at present, running mobile platforms and two retail sportsbooks.

US.- Sports betting in New Hampshire generated $4.2m in revenues during October despite the cancellation of various sporting events.

Mobile betting, which launched in the state in January, generated the most revenue at $3.8m, up by 65.2 per cent from the $2.3m generated in September.

While mobile betting arrived in the state first, there are now also two retail sportsbooks in New Hampshire, both operated by DraftKings. Together they saw revenues of $450,149 in October, up from a loss of $29,902 in September.

According to the New Hampshire Lottery Commission, 52,000 gamblers have placed over $200m in bets since sports betting launched in the state.

Under current legislation, the state is entitled to half of the revenues generated by sports betting, which is directed to an education fund.