The New Hampshire sports betting industry saw a 25.7% increase in handle in June, according to recent reports. The total handle for the month reached $74.6 million, up from May’s $59.4 million. This is a positive sign for the state’s growing sports betting market.
Additionally, the state also reported an increase in revenue, with operators generating $5 million in June, compared to $3.8 million in May. This represents a 31.6% increase in revenue month-over-month. The strong performance in June demonstrates the continued growth and popularity of sports betting in New Hampshire.
New Hampshire offers both online and retail sports betting options, with DraftKings being the exclusive operator in the state. The partnership between DraftKings and the New Hampshire Lottery has proven to be successful, as the platform continues to attract a large number of bettors.
The increase in sports betting activity in June can be attributed to the return of major sports leagues and events, such as the NBA playoffs and Euro 2020. With more sporting events taking place and bettors eager to wager on their favorite teams, it is expected that the positive trend in sports betting revenue and handle will continue in the coming months.
Overall, the New Hampshire sports betting market is showing strong growth and resilience, despite the challenges posed by the COVID-19 pandemic. With more states legalizing sports betting and bettors becoming increasingly comfortable with online wagering, the industry in New Hampshire is poised for continued success in the future.
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