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Delaware sports betting handle hits eight-month low in April

News

Player spending on sports betting in Delaware fell to its lowest monthly total in eight months during April, though igaming wagers improved year-on-year.

The state’s handle in April amounted to $3.4m, down 10.0% from $4.2m in April of 2022 and marginally lower than $3.5m in March this year. This was also the lowest monthly total since August 2022.

Revenue was 19.2% higher year-on-year at $374,568, though this figure was down 31.2% from $544,385 in March.

Delaware Park retained top spot in the market with $195,226 in revenue from $1.9m in bets. Bally’s Dover followed with $93,506 from $873,791, then Harrington Raceway with $46,728 off $458,575.

Online gambling growth

In terms of igaming, players spent $39.5m during April, an increase of 6.2% from $37.2m in the same month last year. However, this total was 4.8% down from $41.5m in March this year.

Consumers wagered $24.1m on video lottery games during the month and $11.4m on table games.

Revenue from igaming amounted to $1.3m, an 8.3% year-on-year increase, but a 7.1% drop from $1.4m in March. Video lottery games accounted for $1.1m in revenue, table games $195,118 and poker rake and fees $44,540.

Bally’s Dover claimed top spot with $457,240 in revenue from $10.6m in wagers. Delaware Park was second on $444,955, despite taking $20.7m in bets, then Harrington Raceway on $391,510 from $8.1m in wagers.