DraftKings’ Sports Betting Deal Approved By New Hampshire State Executive Council

DraftKings’ Sports Betting Deal Approved By New Hampshire State Executive Council

The State Executive Council has approved the DraftKings’ sports betting deal with the New Hampshire Lottery.
Draftkings was earlier chosen by the state lottery to offer sports betting in the state.

Matt Kalish, Chief Revenue Officer and Co-founder at DraftKings, said: “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 legalized sports betting continues to expand across the country.”

In July, New Hampshire has become the second New England state to legalize sports betting. The state had already authorized retail and mobile betting the previous year.

Earlier this year, Rep. Timothy Lang introduced a sports betting legalization bill that moved up quickly and was approved the state lawmakers. Last week on Friday, Gov. Chris Sununu signed the bill into law making sports betting official in New Hampshire. He also said that he is looking forward to placing the first legal bet in the state once sports betting operations are launched in the state.

The new sports betting law allow betting on all sporting events, including professional sports and also college-level tournaments. However, betting on games involving New Hampshire schools is prohibited.

Earlier in November, nine New Hampshire cities voted whether to allow sports gambling or not. Of the nine cities, only five approved retail sports betting operations.

The cities of Berlin, Claremont, Laconia, Manchester, and Somersworth welcomed the idea and voted in favor of land-based retail sports gambling facilities.

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