New Hampshire Sportsbook Handle Dips in April

The New Hampshire sportsbook industry did quite well in April. Residents bet $73.1 million during April, which gives us a 57.5% year on year increase in total sports betting handle from $46.4 million wagered in April 2021. It is, however lower by 7.2% from March 2022’s handle of $78.8 million. If course, majority of the handle comes from online sportsbooks, which has become the preferred method for those wondering where to bet on sports.

It is, however, expected to see a decrease in handle during this time of the year. With no football seasons active, there are less games available to bet on. College basketball season has also ended, a league that also generates a lot of wagers in any pay per head sportsbook.

New Hampshire Sportsbook Numbers

Revenue for the New Hampshire sportsbook industry is at $3.4 million for April. This is less than March’s revenue of $5.3 million. It is, however, slightly higher than April 2021’s $3.3 million. Breaking down this April’s revenue, we see that around $2.9 million of the total revenue comes from online sportsbooks, while $583,767 of the revenue comes from retail sports betting. The state was also able to collect $1.5 million in taxes from sports betting in April.

And if we look at the total sports betting numbers in New Hampshire for the year so far, we have a total of 10 months at $731.3 million in total YTD sports betting handle, with a YTD revenue of $41.1 million, and a tax income of $19.1 million. If you want to further develop your sports betting operation to increase your revenue, you can take a look at these affordable sportsbook marketing strategies to help you.

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