DraftKings Set Scene For New Hampshire Sports Wagering

The scene was set for sports betting in New Hampshire, with this week’s State Executive Council voting to approve a contract between the New Hampshire Lottery and DraftKings Inc.

The DFS and sports wagering operator were chosen through a competitive bidding process. The New Hampshire Lottery will receive 50% of gaming revenue from sports betting sales under the approved contract, maximising education revenue in the state.

DraftKings also plans to open an office in NH to work closer with the lottery.

Governor Chris Sununu commented: “We moved fast to get this done, and the deal is a win for New Hampshire. We are partnering with a world-class company to provide a first-rate customer service experience. With today’s vote, everyone will now be able to bet on Tom Brady and the New England Patriots in time for this year’s Super Bowl.”

Chief Revenue Officer and Co-Founder at DraftKings, Matt Kalish added: “We look forward to collaborating further with the New Hampshire Lottery to bring the DraftKings experience to sports fans in the Granite State. Our best-in-class mobile sportsbook and several retail locations throughout the state are sure to be a hit with all types of customers as legalised sports betting continues to expand across the country.”

“Today’s affirmative vote begins a partnership with DraftKings that will offer our players an exciting opportunity to participate in sports betting with a trusted partner,” said Charlie McIntyre, executive director, New Hampshire Lottery.

“The introduction of sports betting will broaden the appeal of the New Hampshire Lottery and engage new and existing customers, while generating millions of dollars in additional revenue to support education. We are working directly with DraftKings to implement a sports betting system that both engages players, while also ensuring all appropriate safeguards are in place. The New Hampshire Lottery and DraftKings expect to launch mobile sports betting this January.”

In July 2019, Governor Sununu signed legislation allowing the New Hampshire Lottery to conduct sports betting, which will authorise up to 10 physical sports book locations along with online sports betting.

The law on sports betting was written to provide the opportunity for individual communities to ask voters whether to allow retail sportsbook locations to operate within their communities.

Throughout local elections earlier this fall, Berlin, Claremont, Franklin, Laconia, Manchester and Somersworth voted in favour of sports book sites. In spring 2020, New Hampshire cities will be able to put the question on their Town Meeting warrants.

The legislation on sports betting, which creates a Sports Wagering Division within the New Hampshire Lottery to oversee sports betting, allows mobile wagering and prohibits any wagering on New Hampshire college teams or any college games in the Granite State. To make wagers, players must be 18 years of age or older.

Leave a comment