According to recent data from Statista, the state of New Hampshire saw a significant increase in sports betting tax revenue in the month of January 2024. The report indicated that the monthly sports betting tax revenue share hit a record high, showcasing the growing popularity of sports betting in the state.
In January 2024, New Hampshire collected a substantial amount in tax revenue from sports betting activities, highlighting the positive impact of legalized sports betting on the state’s economy. The revenue share from sports betting taxes is a crucial source of income for the state, providing funds for various public services and initiatives.
The increase in sports betting tax revenue reflects the continued interest and participation in sports betting among New Hampshire residents. The state’s decision to legalize sports betting has proven to be beneficial, not only in terms of revenue generation but also in providing a safe and regulated platform for sports betting enthusiasts.
The surge in tax revenue from sports betting in New Hampshire is a promising sign for the future of the industry in the state. With the growing popularity of sports betting and the potential for even greater revenue in the future, New Hampshire is poised to continue reaping the benefits of legalized sports betting.
Overall, the data from Statista serves as a positive indicator of the success of sports betting in New Hampshire and highlights the significant economic impact of the industry. As sports betting continues to thrive in the state, it is expected to contribute further to the state’s economy and provide additional revenue for important public services.
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