Charitable gaming revenue in New Hampshire experienced substantial growth, with a 61% increase year-over-year in June. This surge, from less than $14 million to $22.5 million, was largely driven by new casino openings.
Charitable Gaming Revenue Surge
The New Hampshire Lottery Commission reported that out of 14 operational casinos, six saw notable year-over-year revenue growth. Revo Casino Lebanon led the way with a staggering 303% increase, jumping from $358,567 to over $1.4 million after relocating to a larger space in December.
The Nash, opening in March, generated the highest revenue of $5.8 million. Several casinos, including The Brook, saw a 15% increase from $4.5 million to $5.1 million, while Lakes Region Casino rose 32% from $136,747 to $180,695.
Challenges Despite the Rise
Not all casinos fared well; The Lucky Moose suffered a 73% revenue drop from $639,229 to $179,840. Similarly, Gates City and Revo Casino Keene experienced decreases of 20% and 21%, respectively, indicating challenges even amid overall growth.
Historical horse racing played a vital role, contributing 78.4% to state revenues in June. It earned a total of $17.6 million, reflecting a 72% increase from the previous year’s $10.8 million. Meanwhile, games of chance brought in $4.9 million, showcasing a 33% year-over-year increase.
