The latest figures mark a 28.8% drop in sports betting activity compared to January when sportsbooks accepted an all-time record of $99.5 million in wagers. February was also the lowest month since September 2021 when sportsbooks reported accepting $68.1 million in wagers, which, at the time, was the highest amount accepted in a single month.
Mobile sports betting accounted for 59.3% of all betting activity as online sportsbooks accepted $59 million in wagers. Mobile sports betting operators generated gross gaming revenue (GGR) of just $14,595 resulting in state revenue share of $6,327. This was a considerable drop from the $7.1 million GGR generated in the previous month and is likely attributed to promotions offered in the run up to the Super Bowl.
New Hampshire Sportsbooks Follow up Record-breaking January With Worst Month Since Sept 2021 New Hampshire Sportsbooks Follow up Record-breaking January With Worst Month Since Sept 2021.Image credit: redspork02 / CC BY-SA 4.0