New Hampshire smashes revenue and handle records in January

| By Robert Fletcher
New Hampshire set a new monthly sports betting handle record of $99.5m (£74.2m/€89.1m) in January, while the state’s revenue also reached an all-time high of $8.0m.

Player spending on sports wagering in January was 66.4% higher than $59.8m in the same month last year, as well as 15.2% more than $86.4m in the final month of 2021.

The January total also narrowly surpassed the previous state record of $98.2m that was set in October last year.

DraftKings’ mobile sportsbook again accounted for the majority of wagers placed during the month, with players spending $81.6m online. The remaining $18.0m was wagered at the operator’s three retail betting facilities across the state.

Turning to gaming revenue, after winnings were paid out to players, and this amounted to $8.0m, a 90.5% increase from $4.2m in January of last year and 207.7% up from $2.6m in December 2021.

This also comfortably surpassed the existing monthly record of $6.2m set in November 2021.

A total of $7.1m of this was generated online, while $905,849 came from retail sportsbooks.

The state was able to collect $3.9m in sports wagering tax during the month, $3.5m of which came from online betting and $395,969 retail activity.

For the financial year-to-date, handle for the seven months to the end of January 2022 was $508.5m, while gross gaming revenue reached $31.3m.

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