DraftKings favoured For New Hampshire Licenses

Daily fantasy sports (DFS) and sports betting company DraftKings appear to be inline to be granted licences in New Hampshire for online and internet sports betting.

The news comes after 13 sports betting contract applications were made as part of the recent Request for Proposals (RFP) from the New Hampshire Lottery, which saw DraftKings rank the highest in the licence tender for the region.

Following the announcement in September that New Hampshire Lottery had received a range of proposals from potential suppliers and retailers looking to provide sports betting, Lottery Executive Director Charlie McIntyre stated: “We are pleased and encouraged at both the robust number of responses and the overall quality of proposals.

“As the critical next step in the process, we look forward to reviewing each response carefully and thoroughly to ensure we can ultimately make the right decisions in launching a sports betting system that engages and protects players, while also driving crucial revenue for education in the Granite State.”

DraftKings, which already runs sportsbooks on its mobile platform and inside casinos in a lot of other states where sports betting is legal, saw its plan rank best in both digital and retail operations, totalling 810 out of 1,000.

The score, based on a criteria that included hardware and software solutions, strength of sports betting services, experience, financial stability, integrity, and ethics, also saw Intralot get the highest score for the lottery component of New Hampshire.

Maura McCann, marketing director of New Hampshire Lottery, released a statement which read: “Sports betting represents a major next step in the New Hampshire Lottery’s evolution, and given its significance, we are pleased with the overall quality of the proposals we received.

“We look forward to continuing the RFP process and to ultimately implementing a sports betting system that supports continued revenue growth, while also incorporating all necessary safeguards and protections for our players and retailers.”

The New Hampshire Lottery Commission, which will regulate sports betting under its Sports Wagering Department, is expected to deliver final contracts by the end of November–with a six-year extension option for two additional two-year terms each.

DraftKings, which has partnered with Crown Gaming for its bid, has proposed a revenue-sharing agreement with the state stating that it will return 51% of sports betting gross gaming revenue (GGR) to the New Hampshire Lottery if it is granted exclusive access to mobile wagering in the state.