New Hampshire charitable gaming revenue has surged by an impressive 82% year-over-year in May, jumping from $13.8 million to $25.1 million. This jump can be credited to three new venues that reported revenue this May, including The Nash. The Nash was the biggest contributor, generating $6.5 million in revenue. For insights on how such dynamics impact the broader casino industry, check our featured analysis on recent casino innovations.
New Hampshire Charitable Gaming Revenue Trends
The latest report from the New Hampshire Lottery highlights that out of 11 venues operating in May 2024, seven saw revenue increases. Revo Casino in Lebanon experienced the most significant rise, witnessing a 305% increase in revenue as it expanded into a new facility. Its earnings jumped from $403,124 to $1.6 million.
The Brook also showed a positive growth trend with a 23% rise, moving from $4.6 million to $5.6 million. Conversely, Gate City Casino experienced an 8% decrease in revenue, dropping from $2.8 million to $2.6 million. Among others, Aces + Eights Casino saw the largest decline with a 30% year-over-year decrease.
Historical Horse Racing and Games of Chance
Historical horse racing played a significant role in this revenue boom, contributing $19.6 million, which is an 83% increase from $10.7 million. Games of chance also added significantly with $5.4 million, representing a 52% rise.
