Gambling in New Hampshire has taken significant strides since the state legalized sports betting in 2019. This move has opened up a plethora of opportunities not only for bettors but also for the state’s revenue system. From sports betting to daily fantasy sports (DFS) and charitable gaming, the state offers a variety of legal gambling options that cater to different interests and preferences.
New Hampshire Sports Betting: A Thriving Market
Sports betting was officially made legal in New Hampshire on July 12, 2019, with the market going live by the end of that year. The state chose DraftKings as its exclusive sports betting partner after a competitive bid process, where DraftKings agreed to share 51% of its gross gaming revenue with the state. This partnership has allowed residents and visitors in New Hampshire to place bets on a variety of sports through both mobile and retail channels.
The DraftKings Sportsbook app offers a comprehensive betting experience with features like live in-game betting, Sportsbook Pools, and Teasers+. For those who prefer in-person transactions, retail sports betting is available at locations such as The Brook and Filotimo Casino, enhancing the sports betting landscape in the state.
Impact and Growth of Sports Betting
Since its inception, sports betting in New Hampshire has seen rapid growth in participation. The state has surpassed significant betting handles, reaching over $1 billion, which indicates a robust participation from the betting community. This growth not only boosts the state’s tax revenue but also supports various public services.
Daily Fantasy Sports and Charitable Gambling
Apart from sports betting, New Hampshire also legally allows Daily Fantasy Sports (DFS), a popular form of online gambling where players compete against others by building teams of athletes from various sports. DFS has been a significant draw for residents, providing an engaging way to test sports knowledge and strategic skills.
Charitable gambling is another key aspect of New Hampshire‘s gambling scene. Local charities are permitted to host casino nights where games such as poker, roulette, and blackjack are played. The proceeds from these events go towards supporting various charitable causes, demonstrating a community-centric approach to gambling.
Regulations and Safe Practices
All forms of legalized gambling in New Hampshire are regulated by the New Hampshire Lottery Commission, which ensures that all games and bets are conducted fairly and responsibly. The state promotes safe gambling practices and provides resources for individuals who may need assistance with gambling addiction, reflecting its commitment to maintaining a balanced and responsible gambling environment.
Looking Ahead: The Future of Gambling in New Hampshire
The future of gambling in New Hampshire looks promising with potential expansions in online gambling and the introduction of more sportsbook operators. As the market evolves, the state could see an increase in the variety of gambling options available to its residents. This expansion would not only enhance user experience but also increase the state’s revenue from gambling.
In conclusion, the legalization of gambling in New Hampshire has been a beneficial move for the state, providing entertainment options for residents, supporting charitable causes, and boosting state revenue. As the state continues to develop its gambling policies, it remains committed to providing a safe and regulated environment for all participants.