DraftKings’ exclusive agreement to offer sports betting in New Hampshire has been extended, the business announced yesterday (11 February).
DraftKings’ exclusive agreement to offer sports betting in New Hampshire has been extended, the business announced yesterday (11 February).
The news means the Jason Robins-led company will remain the only legal online sports betting operator for customers in the Granite State for the foreseeable future.
In a statement posted on X, a company spokesperson said: “DraftKings is proud to have secured a contract extension with the New Hampshire Lottery, continuing our successful relationship that has delivered regulated sports betting for Granite Staters since December 2019.”
DraftKings has been the only licensed betting provider in the state since the market launched in 2019, after the company’s exclusive OSB deal with a 50% revenue tax was approved by the New Hampshire Executive Council.
At the time, New Hampshire Gov. Chris Sununu said: “We moved fast to get this done, and the deal is a win for New Hampshire. We are partnering with a world-class company to provide a first-rate customer service experience.
“With today’s vote, everyone will now be able to bet on Tom Brady and the New England Patriots in time for this year’s Super Bowl.”
Despite the renewal of the status quo, the extension comes following a series of gaming updates for New Hampshire.
The state is one of four where DraftKings is rolling out its new feature allowing players to deposit crypto that will be converted to cash to fund their online sports betting accounts.
Last year, New Hampshire’s latest attempt to regulate online casino got going at the end of January, after four senators tabled SB 168 before its progress stalled in early spring.
The iGaming legalisation bill would have made New Hampshire the first state in the union to allow players aged 18+ to gamble, and would allow three to six operators to launch in the market.
New Hampshire is also one of just three states where DraftKings does not have some kind of presence for its prediction markets app, alongside Maine and Ohio.