New Hampshire Sees Growth in Sports Betting Handle and Revenue in March
New Hampshire, a state which signed a six-year exclusive sports betting deal with DraftKings Sportsbook in 2019, saw increases in both handle and revenue in March compared to February.
After posting $70,866,282 in February, The Granite State saw an 11.2% increase in March, bringing in $78,811,441.
In terms of mobile sports betting handle, there wasn’t an equivalent increase, only seeing a 2.1% rise from February. The figures are $60,326,141 in March compared to $59,086,952 in February.
However, gross gaming revenue saw a massive bump — a 418.3% bump.
March saw revenues of $5,283,248 compared to $1,019,097 in February.
However, the largest increase for the state came from the revenue share, bringing in $2,506,864 in March compared to just $458,353 in February — a 446.9% increase.
New Hampshire Sports Betting, March vs. February
| Total handle | Mobile handle | Revenue (GGR) | |
|---|---|---|---|
| March | $78.811M | $60.326M | $5.283M |
| February | $70.866M | $59.087M | $1.019M |
| Change | Up 11.2% | Up 2.1% | Up 418.3% |
While there were increases in the overall handle and mobile sports betting handle, gross gaming revenue saw a massive bump of 418.3%.
March saw revenues of $5,283,248 compared to $1,019,097 in February.
However, the largest increase for the state came from the revenue share, bringing in $2,506,864 in March compared to $458,353 in February — a 446.9% increase.
April 2022 Outlook
Looking ahead to the April figures, there are interesting prospects for how the handle could shake it.
The beginning of April saw the end of the NCAA March Madness Tournament and the Masters, the biggest golf tournament of the year.
Beyond that, there are the NBA playoffs, but one market that represents a lot of potential upsides is NFL Draft props.
The NFL Draft is set to happen from April 28-30.
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