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New Hampshire Sports Betting Handle Stops Skid But Revenue Falls

Written By J.R. Duren | Updated:
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There’s finally some good news about New Hampshire sports betting handle.

Recent data from the New Hampshire Lottery revealed that the amount of money gambled on sports rose month-on-month, for the first time since March stopping a four-month slide.

NH sports betting handle up nearly $2M in August

This past month, New Hampshire sports betting handle rose from $36.9 million in July to $38.8 million. However, gross gaming revenue (GGR) fell from $3.5 million to $3.3 million, marking the third straight month GGR was down.

MonthMobile Sports Betting RevenueRetail Sports Betting RevenueCombined Revenue
% Change, Month-on-Month
August 2022$3,813,128$386,112$4,199,240-6.2%
September 2022$7,732,294-$374,088$7,358,20675.23%
October 2022$6,619,799$2,458,885$9,078,68423.38%
November 2022$5,385,720-$422,119$4,963,600-45.33%
December 2022$7,940,526$389,635$8,330,16167.82%
January 2023$8,010,858$4,553,590$12,564,44850.83%
February 2023$7,144,854$31,936$7,112,917-43.39%
March 2023$2,769,152$2,058,879$4,828,031-32.12%
April 2023$6,083,726$586,755$6,670,48238.16%
May 2023$6,128,045$914,424$7,042,4705.58%
June 2023$3,733,024$639,405$4,372,429-37.91%
July 2023$3,112,222$399,644$3,511,867-19.68%
August 2023$3,073,976$270,235$3,344,212-4.77%

According to the NH Lottery’s August report, the GGR drop follows the same trend in 2022. Last year GGR fell around $300,000 from July to August.

What’s ahead for New Hampshire sports betting revenue?

If 2022 is any indication, sports betting handle and GGR should see a significant increase in September thanks to the start of the NFL season.

Handle languished around $43 million in July and August 2022 before skyrocketing to $78.2 million in September and $91.3 million in November.

The handle is tracking about $6 million less per month this fiscal year than last year. So we’ll likely see the handle hit the low $70 million range in September and climb to the mid-to-high $80 million range in October.

GGR can be harder to predict, but based on 2022 trends, it’s likely we’ll see numbers approach $7 million in September and $8 million in October.

Photo by D. Ross Cameron / AP Photo
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J.R. Duren

J.R. Duren has covered the gambling beats for more than a dozen states for Catena Media since 2015. His past reporting experience includes two years at the Villages Daily Sun, and he is a first-place winner at the Florida Press Club Excellence in Journalism Contest.

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