Sports Betting Generates $100 Million for Education in First Four Years

Since the legalization of sports betting in New Hampshire and its partnership with DraftKings four years ago, the collaboration has contributed a substantial $100 million to public education, as reported by the New Hampshire Lottery. This initiative is part of the various games organized by the Lottery that support the Education Trust Fund.

Expressing pride in their accomplishments, Charlie McIntyre, the executive director of the New Hampshire Lottery, stated, “We have worked diligently to position New Hampshire as the leading destination for sports betting in the Northeast. We urge our New Hampshire players to continue betting responsibly, and we anticipate many more successful years ahead!”

The state’s total revenues from all gaming activities, including instant scratch tickets, keno, and historic horse racing, saw a significant increase of $43 million, representing a 29.3 percent surge last year that bolstered the Education Trust Fund. This data is available in the Lottery’s annual report.

Among the newest additions to the Lottery’s games lineup, sports betting made its debut with the opening of the first retail sports book at The Brook in Seabrook, followed by Filotimo in Manchester and Dover, and the Gate City Casino in Nashua.

Over the past four years since the introduction of sports betting, New Hampshire players have collectively placed bets exceeding $2.71 billion, according to data from the Lottery.