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Delaware sports betting handle continues to decline in March

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Player spending on sports wagering in Delaware fell to a seven-month low in March, though the state was able to report an increase in igaming wagers.

Betting handle for the month amounted to $3.5m, which was 32.7% lower than $5.2m in the same month last year and 14.6% behind the $4.1m wagered in February this year. This was also the lowest monthly total since August 2022.

However, sports wagering revenue was $544,385, only marginally lower than $553,465 in March 2022 and 77.6% higher than $306,573 in February.

Delaware Park retained top spot with $299,843 in revenue from $1.9m in wagers, ahead of Bally’s Dover on $150,946 from $963,286 and Harrington Raceway with $94,514 in revenue off $599,545.

Igaming growth

Turning to online gambling and total spend for the month increased 11.0% year-on-year to $41.5m, with this also 9.2% more than in February this year. Players wagered $13.5m on table games and $28.0m on video lottery.

Revenue from igaming reached $1.4m, up 40.0% from March of 2022 and 27.3% ahead of February. Of this total, $1.1m came from video lottery games, 4260,395 table games and $32,152 poker rake and fees.

Bally’s Dover was the market leader in igaming with $555,565 in revenue from $14.9m in total bets. Delaware Park was second with $443,421 in revenue from $16.5m in bets, then Harrington Raceway on $427,478 off $10.1m.