- New Hampshire Lottery is in contract negotiations with DraftKings and Intralot.
- DraftKings will give half of the sports betting revenue to New Hampshire Lottery.
- Governor Chris Sununu wants sports betting to be active before the end of the NFL season.
CONCORD, N.H. – DraftKings and Intralot entered contract negotiations for sports betting with the New Hampshire Lottery on Tuesday.
Many companies have shown interest in becoming providers for the state. Companies such as Kambi, Roar Digital, and FanDuel have come with proposals to provide sports betting. But only DraftKings and Intralot have entered contract negotiations with the New Hampshire Lottery.
“DraftKings is proud to be selected to offer mobile and retail sports betting in New Hampshire. We look forward to soon providing sports fans in the Granite State with our best-in-class mobile and online Sportsbook product, and welcoming them into our dynamic retail sportsbooks,” said a DraftKings spokesman.
DraftKings offered 51 percent of their gross gaming revenue (GGR) to be the exclusive mobile provider in New Hampshire. DraftKings also offered 40 percent of GGR for retail sportsbooks. DraftKings said that they are willing to give 50 percent of their online and retail revenue to be New Hampshire’s sole sports betting provider.
Intralot did not offer that much GGR to New Hampshire but they are also in contract negotiations. Instead of retail or mobile sports betting, Intralot will give New Hampshire 19.25 percent of GGR from lottery sales.
New Hampshire sports betting could have had 10 retail sportsbooks and five mobile sportsbooks. But with how contract negotiations are going, DraftKings will be the sole sportsbook in New Hampshire. They can open many retail sportsbooks in the state and provide mobile sports betting as well. Mobile sports betting is statewide.
What they cannot provide are bets on New Hampshire college games or college games that are being hosted in the state.
Governor Chris Sununu wants to get legal sports betting going in New Hampshire sooner rather than later. Gov. Sununu said that he wants sports betting to be active in New Hampshire before the end of the NFL season. The final approval for the contracts is expected to happen on November 20.
Daniel is a writer that enjoys writing to inform readers. When Daniel was writing for The Borgen Project, he liked informing the world about victories in global poverty issues. Daniel is also an avid horse racing fan who has been going to the track with his father for over a decade betting the ponies. When he is not writing about sports betting or at the track, Daniel loves playing video games and watching sports in his spare time.