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Comparing Rhode Island and New Hampshire Sports Betting

Comparing Rhode Island and New Hampshire Sports Betting

With Massachusetts cutting it at the last minute and recent developments in Connecticut, , online wagering, and online have new hope in New . For now, only two New England states offer legalized sports betting. was the first and New , even without a , became the second last year. is Comparing Rhode Island and New Hampshire Sports Betting.

Comparing Sports Betting Options

New Hampshire Sports Betting

Comparing Rhode Island and New Hampshire Sports Betting

Sports gambling has netted the state $4.6 million in tax revenues since launching last December. However, N.H. Lottery Commission officials insist it would have been higher due to the pandemic.

Online and mobile wagering make up the bulk of the action. Two in-person sportsbooks in Manchester and Seabrook are also taking bets. In addition, the legislature approved up to 10 in-person sportsbooks statewide. 

The Lottery Commission says that as long as the “sports world remains active and we avoid another shutdown,” sports gambling could generate $10 million in the current fiscal year. 

DraftKings In New England

After New Hampshire online sports betting became legal, DraftKings quickly entered the market. As a result, New Hampshire selected DraftKings as the state's only sports betting operator.

Comparing Rhode Island and New Hampshire Sports Betting

DraftKings and Foxwoods recently announced a deal for online sports betting ahead of the anticipated launch of legal sports betting in Connecticut, subject to necessary legislative and regulatory approvals.

Rhode Island Sports Betting

The state debuted retail sports betting in 2018, with online/mobile gambling launching in November 2018. After in-person registration was rescinded, sports betting increased. Mobile registration is now possible.

Comparing Rhode Island and New Hampshire Sports Betting
The Rhode Island Sports Betting Mobile app

In early September of 2019, mobile sports wagering platforms were launched, which helped profits to rise beyond 2019 for the gambling industry. The Rhode Island Lottery recently released its revenue report for the year, showing a 171% increase in revenue from 2019 to 2020. A combined (mobile and retail) $200.2 million bet on sporting events resulted in a 56% growth from 2019.

Here's the Information

New Hampshire Rhode Island
Timeline Both retail and mobile sports betting were approved in 2019 Rhode Island became the eighth state to legalize sports betting on 11/21/18. Twin River Casino opened the first sportsbook in New England.
Betting Options DraftKings is the only option at this time. However, expect other top sports betting sites to emerge in the coming year. IGT and William Hill powered the Sportsbook Rhode Island mobile app and website.
Legal Age Anyone over 18 can place a bet if they are physically located within the state's borders. The only legal requirements are that you are at least 18 years old, inside state lines, and not on a self-exclusion list.
Betting Restrictions Collegiate games involving New Hampshire teams are prohibited from wagers. Wagering is not allowed on “any collegiate sports or athletic event that takes place in R.I. or a sports contest or athletic event in which any Rhode Island college team participates, regardless of where the event takes place.”

But Wait, There's More

Who Oversees Sports Betting? The state lottery oversees sports betting in New Hampshire. The lottery is the only other legal form of gambling within the state. According to the state, 52,000 gamblers have placed more than $200 million in bets, split between DraftKings and the state's education trust fund. R.I. – The Rhode Island Lottery regulates and oversees the industry. IGT functions as a partner of the lottery and casinos, helping to operate sports betting. As such, sports betting tax revenue is split as follows:
State: 51 percent
IGT: 32 percent
Casino: 17 percent
Additional Wagering Options In addition to mobile betting, New Hampshire online sports betting also includes daily fantasy sports, lottery games, and horse racing betting. Unfortunately, no retail casinos are operating in the state. However, the state allows for legal poker and card games, which can be found at a few venues. Simulcast wagering on races occurring throughout North America is available at the state's two casinos, and online wagering is permitted through sites such as TVG, BetAmerica, and TwinSpires. Twin River Hotel and Casino and Tiverton Hotel and Casino provide Las Vegas Class III gaming and are owned by Bally's Corporation.
Can I Set Betting Limits? You do have the ability to set betting limits by contacting the support team. You can set daily deposit limits, daily betting limits, and other limits that will help you remain in control of your betting actions. Setting betting limits for Rhode Island online and on-site sports betting at one of the two brick-and-mortar casinos is possible. Check the online casino rules or the brick-and-mortar casino rules and regulations for the specific rules around betting limits.
WebSites DraftKings/NHLottery SportsBook Rhode Island

Summary

With so many people enjoying placing wagers on sports, both states will most continue to focus on this market in the coming year. We know New Hampshire and Rhode Island will continue to be New England's only options until 2021.

Originally posted 2020-12-11 11:12:52.

#Comparing #Rhode #Island #Hampshire #Sports #Betting

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