Player spending on sports betting in New Hampshire increased in November compared to the previous month, but the $78.5m (£61.9m/€71.3m) wagered was lower than last year.
Handle for November fell 15.7% from $93.1 million in the same month last year. However, it was 2.0% higher than October of this year and was the highest monthly total in New Hampshire in eight months.
Of the total stakes, $67.9 million was wagered online and $10.6 million was wagered at sportsbooks across the state of New Hampshire.
Gross gaming revenue was $8.2 million in November. That was up 64.0% from $5.0 million last year, but down 5.8% from October’s profit of $8.7 million.
Online sports betting accounted for $6.6 million of all betting revenue during the month. Retail bets generated the remaining $1.6 million.
DraftKings remains the only operator offering online sports betting in New Hampshire. It secured exclusive rights for the state in November 2019.
In terms of taxes, the state took in $3.6 million from sports betting in November. This includes $2.9 million in online betting taxes and $711,830 in retail bets.
Annual sales in New Hampshire are just under $300 million
Looking at New Hampshire’s year-to-date performance, spending was down, but revenue remained at the same level.
Players wagered a total of $298.9 million in the five months ending in November. This was 14.3% lower than the $348.7 million spent during the same period in 2022.
Revenue was $30.0 million for the five-month period. Compared to last year, it was only slightly lower than the $30.1 million reported at the end of November 2022.