The handle for the 12 months ending in June 2022 was 65.4% higher than $520.6m in FY21, the first full financial year of legal sports betting in the state following the launch of its regulated market in December 2019. Of this total, $670.3m was wagered via DraftKings’ online offering and $190.8m at retail sportsbooks across New Hampshire.
The operator secured exclusive rights to offer sports betting via the New Hampshire state lottery in November 2019. Turning to gross gaming revenue, it reached $51.6m for the 12-month period, up 32.3% from $39.0m in FY21. $44.0m of total yearly revenue was generated through online sports wagering, while $7.6m came from retail activity.
The NH Lottery reported that the state recouped $23.9m in taxes from sports betting during the 2022 financial year. Of this amount, $20.6m was from online betting and $3.4m from retail betting.
In the final month of FY22, the state’s handle for June 2022 amounted to $53.6m, up 36.7% from June in the previous year but down 30.0% from $76.2m in May 2022. This was also the lowest monthly total since August 2021.
Players spent $41.6m betting online during June, as well as $12.0m at retail locations. Revenue increased 23.1% year-on-year to $4.8m, but this figure was down 15.8% from $5.7m in May 2022.
Almost all revenue came from online betting, with revenue here standing at $5.6m, compared to just $170,804 from retail wagering. Tax generated from sports betting in the month amounted to $2.2m.
