There are about 13 companies interested in offering sports wagering products in New Hampshire. The New Hampshire Lottery has confirmed 13 proposals it has received while the state is planning to launch sports betting operations.
This follows the group issuing a request for proposals for implementing sports betting across the region last month, following which responses were due last week.
Earlier this year in June, Governor Chris Sununu signed the sports betting legislation bill allowing for up to 10 brick and mortar sportsbook locations and up to five online sportsbooks.
According to the legislation, the sports betting operations in the state would be monitored by the New Hampshire Lottery. The gambling authority expects to approve final contracts by the end of November 2019 following which it aims at launching sports betting operations in the first quarter of 2020.
Charlie McIntyre, executive director of the New Hampshire Lottery said: “We are pleased and encouraged at both the robust number of responses and the overall quality of proposals.”
“As the critical next step in the process, we look forward to reviewing each response carefully and thoroughly to ensure we can ultimately make the right decisions in launching a sports betting system that engages and protects players, while also driving crucial revenue for education in the Granite State,” he added.
According to the sports betting legislation in New Hampshire, betting on state college teams is prohibited. Also, betting on sporting events involving minors is not allowed.
The state aims at generating $7.5m for education in the fiscal year 2021 and $13.5m annually in the coming two years through regulated sports betting operations.