DraftKings announced on Wednesday that it will continue its run as New Hampshire’s only licensed sports betting operator for the foreseeable future.
The operator announced on social media site X that its exclusive agreement with the New Hampshire Lottery has been extended. DraftKings has been the only licensed betting provider in the state since its market launched in 2019.
“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,” stated the company.
In exchange for the fact that it does not have to compete with other online sportsbooks in New Hampshire, DraftKings pays 51% tax on the revenue it makes from bets on sports in the state.
In its full fiscal year figures announced in October 2025, the New Hampshire Lottery reported that DraftKings took around 27 million wagers in FY 2025 totaling $815 million, which generated a record-breaking $40 million in tax revenue for public education. Total wagers and dollars wagered grew around 9% year over year on DraftKings in the state, which the lottery said cemented the state’s ranking of third in the country in per capita state revenue from sports betting.
The lottery also reported this week that New Hampshire players wagered more than $9 million on Super Bowl LX on DraftKings.
Since the inception of sports betting in New Hampshire on December 30, 2019, people in the state have wagered nearly $4.5 billion with DraftKings, which has generated $172 million to support New Hampshire public education.
Perhaps as a reflection of its agreement with the state lottery, New Hampshire is one of just three states in which it does not offer any kind of event contract trading on its DraftKings Predictions platform.
DraftKings rolling out crypto-to-cash deposits in NH
DraftKings is making some changes to the way it does business in New Hampshire, though.
The operator is rolling out a new feature to allow users in some states to use cryptocurrency converted to cash to fund their online sports betting accounts. The feature will launch first in New Hampshire, Illinois, Kentucky and Vermont. DraftKings will not directly accept cryptocurrencies on its platform, but will allow users to deposit cash that has been converted from crypto.
“The New Hampshire Lottery is aware of DraftKings’ plan to utilize a third‑party service that would allow players to convert USD‑pegged stablecoins into cash before funds are deposited into a player’s account,” New Hampshire Lottery Director of Marketing Maura McCann told SBC Americas.
“The New Hampshire Lottery did review this arrangement and proposed internal controls as part of our review process. At no point will DraftKings accept cryptocurrency or hold it in player wallets, keeping all activity compliant with New Hampshire state requirements for deposits.”
New Hampshire mulled betting age change, online casino addition
Last year, New Hampshire legislators considered but ultimately opted not to make two significant changes to the state’s online gambling market.
A proposal to raise the legal age for sports betting from 18 to 21 was mooted in January 2025 before the House Ways and Means Committee voted 11-7 in favor of finding the bill “inexpedient to legislate,” meaning that it did not advance out of committee. One of the concerns about making the change was that it could cut New Hampshire’s tax revenue from sports betting by as much as $640,000 per year
Meanwhile, in the Senate, a 2025 bill proposed legalizing online casino effective Jan. 1, 2026. It would have launched with a minimum age of 18 and allowed the state lottery to license between three and six operators to launch in the market, one of which would likely have been DraftKings. Licensees would have been taxed at 45% of gross online gaming revenue.
That bill also faltered in committee session last year.
