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New Hampshire’s lucrative DraftKings partnership is central to its debate over capturing revenue from prediction markets, according to Nashua Ink Link. Sports betting delivered more than $43 million to public education in fiscal year 2026.
Charlie McIntyre expressed reluctance to disrupt that arrangement as states consider how to handle prediction-market platforms.
“We have one of the most lucrative contracts in the nation, and I don’t want to upset that apple cart,” McIntyre told Nashua Ink Link.
DraftKings Deal Delivers Millions for Education
New Hampshire has an exclusive contract with DraftKings for online and retail sports betting. The state receives 51% of gross gaming revenue from online sports betting and 50% from casino sportsbooks.
Sports wagering surpassed $927 million in fiscal year 2026, according to figures cited by Nashua Ink Link. Since its December 2019 launch, sports betting has generated more than $200 million for public education.
The existing partnership shapes McIntyre’s view of pursuing prediction-market revenue. Asked about separating that revenue from sports betting, he described the task as difficult.
“You would obviously try and bifurcate them, but I don’t know that it’d be possible. I wouldn’t want to try candidly,” he said.
Event Contracts Raise Federal Oversight Questions
Nashua Ink Link identifies Kalshi and Polymarket as two primary prediction-market platforms. Their pricing model differs from traditional sportsbooks, Michael McCann explained.
“With sports betting, the house sets the odds,” McCann said. Prediction-market prices instead reflect market demand and trading activity.
The legal dispute concerns whether sports-event contracts fall under federal commodities oversight or state gambling regulation. Prediction-market companies argue that federal law governs their products through the U.S. Commodity Futures Trading Commission.
McCann described the opposing argument as a functional comparison with sports betting: both involve taking a position on a sports outcome.
According to Nashua Ink Link, New Hampshire Attorney General John Formella has issued neither a formal public opinion nor an enforcement action targeting prediction markets.
UNH Findings Add a Public-Health Dimension
A September University of New Hampshire Survey Center poll found skepticism among younger residents. Two-thirds of Granite Staters under 35 expected prediction markets to negatively affect the country over the next decade.
Separately, a UNH study associated state legalization of online sports betting with increased problem-gambling hotline calls and suicide rates. The reported increases were 22.8% and 3.1%, respectively.
“Our key finding highlights a divide: the negative consequences manifest primarily when the activity shifts online,” researcher Gorkem Turgut (G.T.) Ozer said.
More from gamingtoday.com
– NBA Becomes Fourth Major League To Partner With Prediction Markets
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– PitchBook Projects $1.2 Billion in Kalshi Adjusted Earnings for 2026
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Source: As reported by Nashua Ink Link.
