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New Hampshire sports betting spend continues to rise in November

| By Robert Fletcher
Player spending on sports betting in New Hampshire increased month-on-month during November, but the $78.5m (£61.9m/€71.3m) wagered was less than the previous year.
New Hampshire November

Handle for November was down 15.7% from $93.1m in the same month last year. However, it was 2.0% ahead of October this year and the highest monthly total in New Hampshire for eight months.

Of the total wagered, $67.9m was bet online and $10.6m at retail sportsbooks across the state of New Hampshire.

Turning to gross gaming revenue, this amounted to $8.2m in November. This was 64.0% up from $5.0m last year but 5.8% behind October’s $8.7m haul.

Online sports betting accounted for $6.6m of all wagering revenue during the month. Retail betting generated the remaining $1.6m.

DraftKings remains the only operator offering online sports wagering in New Hampshire. It secured exclusive rights for the state in November 2019.

In terms of tax, the state took $3.6m from sports betting during November. This comprises $2.9m in online betting tax and $711,830 from retail wagering.

New Hampshire year-to-date handle falls just short of $300m

Looking at the year-to-date performance in New Hampshire, spending was down but revenue remained in line.

Players wagered a total of $298.9m in the five months to the end of November. This was 14.3% behind the $348.7m spent in the same period in 2022.

As for revenue, this reached $30.0m in the five-month period. Comparing this to last year, it was only slightly lower than the $30.1m reported at the end of November 2022.

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