New Hampshire Sports Betting Revenue Up 53% In January

Written By Katarina Vojvodic on February 27, 2023
January 2023 New Hampshire Sports Betting Revenue

The latest gaming report from the New Hampshire Lottery revealed that New Hampshire sports betting revenue in January 2023 reached an all-time high.

New Hampshire’s January revenue of $12.3 million surpassed the state’s previous monthly best of $9.1 million from October 2022.

New Hampshire sportsbook revenue for January 2023

Gross gaming revenue (GGR) for January 2023 was $12.3 million, a year-on-year rise of nearly 53% from January 2022’s $8.03 million. The figure is significantly higher than the one set in December 2021 ($2.61 million).

Out of the January revenue, $8.01 million came from online sports betting, while $4.3 million was generated from retail sportsbooks.

The total monthly handle was $97.16 million, a 2.4% drop from the $99.54 million set in January last year. More than $75.2 million came from online sports betting, while New Hampshire players gambled $21.9 million in bets at commercial casinos.

The state gathered $5.6 million from sports betting during the month.

New Hampshire sports betting revenue reaches $50.7 million in seven months

For the financial year to date, revenue in the seven months to the end of January 2023 was $50.7 million. The total betting handle stood at $536.76 million, with $23.36 million generated in tax.

As for the entire year, from Jul 2021 – Jun 2022, New Hampshire generated $51.6 million in gaming revenue. Most of the money came from online sports betting revenue ($43.97 million). The state collected the rest ($7.64 million) from retail gaming facilities.

Granite State launched sports betting three years ago. During that time, New Hampshire operators collected $62 million for the state’s education fund.

The state also reported a $10 million increase in state taxes year-over-year. So far, over $2 billion has gone to New Hampshire school funds, according to the New Hampshire Lottery.

Photo by PlayUSA
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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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