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Delaware sports betting revenue hits $2.2m in September


Sports betting revenue in Delaware amounted to $2.2m in September, which is the highest monthly total so far this year but down 31.5% on the same month in 2018.

September was the first time this year that Delaware breached the $2m revenue mark, while the state has only posted over $1m on two occasions so far this year, in January ($1.4m) and March ($1.6m).

Consumers spent a total of $11.8m on sports lottery wagers in the month ending September 29, which is down on $16.8m in the same month last year and just shy of the 2019-high of $11.9m in January.

Players took home a collective $9.4m in sports betting winnings from a total of 318,155 wagers during the month, compared to $13.2m from 343,245 wagers last year.

Delaware Park was the most successful sports betting operator in the state for September, processing $7.1m in wagers and generating $1.2m in revenue. This was down from bets worth $11.6m and revenue of $2.2m in September 2018.

Dover Downs ranked second with revenue of $455,729 off $2.5m bets, compared to September 2018 figures of $607,019 in revenue and $3.3m in total sports bets.

However, Harrington Raceway, the only other licensed sports betting operator in Delaware, noted a year-on-year improvement, with revenue up from $378,484 to $416,125 and its handle from $2.0m to $2.3m.

For the nine months through to September 29, 2019, total sports betting revenue for the state amounted to $7.8m, with players spending $69.4m in the process.

Earlier this week, it was also revealed that revenue in Delaware’s online gaming market climbed to a year-high of $384,830 in September, despite consumers spending less on a month-on-month basis.

The September total smashed 2019’s previous monthly high of $313,648 in May and was only the second time that revenue had surpassed the $300,000 mark so far this year.

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