December Sports Betting Revenue Dips 7% Monthly In New Hampshire

Written By Katarina Vojvodic on January 24, 2024
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In December, New Hampshire sports betting handle (total bets) reached $78.75 million. Of that total:

  • $67.01 million came through online sports betting
  • $11.74 million came from three retail locations

December’s handle represents a 0.33% increase from New Hampshire’s total bets in November of $78.49 million. However, the figure is a 13.36% year-over-year decrease.

New Hampshire sports betting revenue reaches $7.66 million in December

The New Hampshire Lottery controls gambling in the state. The lottery shares reports on sports betting revenue each month, in three categories – online, retail and combined.

New Hampshire sports betting enthusiasts can place bets online and in person, with only one operator available: DraftKings. During last month, New Hampshire sports betting revenue totaled $7.66 million, with:

  • $6.68 million coming from online sports betting (a 0.50% monthly increase)
  • $972,039 coming from retail bets (a 38.55% monthly decline)

According to the New Hampshire Lottery’s December report, sports betting revenue figures show a significant drop from October and November, representing a 12.86% drop and a 7.0% monthly decline, respectively. December was the fourth-best month in 2023 and here’s how it compares to the rest of the year:

NH Dec 2023 Revenue Infographic

As for the yearly comparison, New Hampshire’s December sports betting revenue represents an 8.13% drop. Compared to December 2022:

  • Online sports betting decreased by 15.87% yearly
  • Retail bets increased 149.47%

DraftKings took less in online sports betting revenue than the previous year

As mentioned, from the total $78.75 million sports betting handle, $67.01 million was wagered through the state’s sole sportsbook, DraftKings. While the operator’s online handle represents a 1.25% month-over-month decrease, it is a 1.70% annual increase from December 2022’s $65.89 million.

DraftKings’ online sports betting revenue of $6.68 million is a slight monthly increase of 0.50%, but it’s a 15.87% annual decrease.

DraftKings remains the only NH operator that offers online sports betting within the state borders. The US sportsbook obtained that privilege in November 2019.

Looking at last year’s fiscal sports betting report, we can expect online bets to start to increase early next year until they skyrocket in March.

Photo by Charles Krupa / AP Photo
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Katarina Vojvodic

Katarina Vojvodic is a lead writer for PlayUSA who lives in Toronto. Vojvodic provides coverage of the US gambling industry with a focus on US online casinos. Previously, she covered Ontario’s online gambling industry for Vojvodic holds a master’s degree in journalism from the University of Belgrade. Outside working hours, she can be found near the water with her husband and their two kids.

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