New Hampshire sports betting became official, as Governor Chris Sununu signed the legislation sent to him a few weeks ago. Now, he said that he’s eager to place the first bet. The new law regulates betting on professional sports and most Division I college sports, excluding games involving New Hampshire schools.
Mobile betting as well as retail gambling at 10 locations will be allowed, though it will take some time to set up. The wagering is expected to produce an estimated $7.5 million for education in fiscal year 2021 and $13.5 million two years later. The state Lottery Commission will regulate the new industry.
Since a U.S. Supreme Court last year ended Nevada’s monopoly on legal sports books, they’ve opened in eight more states. In addition to New Hampshire, another six states plus the District of Columbia have legalized the practice but have not yet opened sports books yet. The issue is going to voters in Colorado this November.
For more information on New Hampshire sports betting, visit the Star Tribune.