NH sports betting revenue and handle up in March

New Hampshire’s handle for the month reached $78.8m (£60.6m/€73.1m), which was comfortably higher than the $55.8m wagered by consumers in the same month last year and 11.1% more than $70.9m in February 2022.

Players spent a total of $60.3m betting on sports via the internet in March, while the other $18.5m was wagered at retail sportsbooks.

In terms of revenue, gross gaming revenue from sports betting during the month reached $5.3m, up from $4.3m in March 2021 and also 430.0% more than $1.0m in February this year.

Of this total, $4.8m of revenue was generated via internet betting, while the remaining $460,420 came from retail wagering.

The New Hampshire Lottery also revealed that the state was able to generate $2.5m in tax from sports betting during March.

For the financial year to date, player spending for the nine months to the end of March amounted to $658.2m, while revenue was $37.6m and tax income $17.5m.