CONCORD, N.H. – Sports bettors in New Hampshire have been embracing sports betting, accumulating to a record-breaking betting handle month in December.
The bulk of the betting activity came from online and mobile sportsbooks, showing that bettors in the Granite State prefer to wager online.
While the sports betting revenue record set in November remains, December was still an overall strong month that shows sports betting in New Hampshire is already a major market.
Record-Breaking Betting Handle
New Hampshire capped off December seeing $51,649,897 wagered on sports. This is an 11% increase in betting handle month-on-month.
The bulk of the betting activity came from mobile sportsbooks, with $43,686,699 wagered on mobile betting apps to just $7,963,198 wagered at retail sportsbooks according to the New Hampshire Lottery.
From the $51.6 million wagered on sports, $4,537,653 came in gross gaming revenue (GGR). More than half of the GGR came from mobile sportsbooks as well, with $3,707,069 collected.
The state collected $2,737,406 in state revenue share, making December an overall successful month in legal sports betting for New Hampshire.
Sports betting activity has gone up every month since the July 2020 launch of sports betting in the Granite State. This shows a continued interest in sports betting in the area as the year progressed.
The total Sports betting handle since launch has surpassed $225.7 million, and things are only expected to continue.
January sees the continued NBA season as well as the start of the NHL season. The NFL post-season including the Conference Championship Games will also be included in January’s report.
These sporting events taking place at the same time will surely equate to an even larger sports betting handle once the month is over.
New Hampshire has already proven to be a major market for legal sports betting. This year should wind up being an even bigger year for sports betting in the state as well.
Not only do sports bettors have the Super Bowl in coming, but March Madness which was canceled in 2020, and the Olympics which got pushed back to 2021 will all be available for sportsbooks.
While 2020 showed to be a successful year for the Granite State in terms of sports betting activity, 2021 is gearing up to be the biggest yet.
This article is a reprint from LegalSportsBetting.com. To view the original story and comment, click here.