New Hampshire Executive Council Approves DraftKings’ Sports Betting Deal with NH Lottery
New Hampshire Executive Council has approved the sports betting deal of DraftKings with the New Hampshire Lottery.
Through the deal, the New Hampshire Lottery will receive 50% of gaming revenue from sports betting sales, with mobile sports betting expected to launch in January 2020.
New Hampshire sports betting legislation allows individual communities to vote on whether to allow retail sports betting locations in their areas. The cities of Berlin, Claremont, Franklin, Laconia, Manchester and Somersworth have all voted in favour of sportsbook locations so far.
“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,” Matt Kalish, Chief Revenue Officer and Co-founder at DraftKings, said.