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The October sports betting data from the New Hampshire Lottery show some noteworthy patterns in the state’s gaming industry. A total of $79.3 million was made from sports betting, which is $2 million more than the same month in 2023. The results were impressive last month as well.
With $69.5 million of the total transaction, mobile sports betting was the main contributor to the state’s impressive October figures. Retail sportsbooks, meanwhile, made up $9.8 million of the total. Notwithstanding the rise in handling, gross gaming revenue (GGR) in New Hampshire decreased, dropping to about $5.8 million in October, a drop of about $4 million from the previous year.
Mobile sports wagering brought in $5.4 million in GGR, while retail locations generated just over $374,000. This shift in revenue indicates a stronger reliance on mobile platforms in New Hampshire, as the state continues to see more players gravitate toward online betting options.
Despite the drop in GGR, New Hampshire saw positive returns in terms of tax revenue. The state’s sports betting operations contributed nearly $2.5 million in taxes during October. Over the past four months, the total sports betting handle has approached $250 million, signaling strong market activity.
For the current fiscal year, New Hampshire’s mobile sports betting platforms have generated almost $21 million in GGR, while retail outlets have brought in more than $1 million. This growth in mobile betting reflects broader trends in the US, where online sports wagering continues to gain traction following the Supreme Court’s 2018 ruling that lifted the federal ban.
New Hampshire’s sports betting market is evolving alongside the broader national landscape. Since the Supreme Court’s decision, 38 states, including Washington, D.C., have legalized sports betting. While traditional land-based casinos remain illegal in New Hampshire, the state has found a way to incorporate gaming through charitable organizations. Charitable gaming operators can partner with local charities, allowing them to offer table and machine-based games on up to 10 dates per year.