With a stroke of Gov. Sununu’s pen this past Friday it’s now official: New Hampshire became the sixth state this year to legalize sports betting.
Sports betting in New Hampshire is expected to generate $7.5 million in 2021 for educational programs and $13.5 million by 2023, according to the Associated Press.
The New Hampshire Lottery will regulate sports betting, with the law allowing for the lottery to introduce some of its own sports betting games.
Although no fixed date for the launch has been determined, it’s likely that sporting betting will launch in 2020 with a cap set at 10 sports betting licenses for physical locations and 5 for mobile apps.
“Sports betting in New Hampshire is expected to generate $7.5 million in 2021 for educational programs.”
Since the Professional and Amateur Sports Protection Act was overturned by the Supreme Court in May of 2018, there have been over a dozen states that have legalized or launched sports betting.