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Delaware sports betting revenue improves in September

News

Sports wagering revenue in Delaware amounted to $904,450 in the month to 27 September, which despite marking a month-on-month improvement, remains far behind 2019 levels. 

Revenue was down 58.9% from $2.2m in September 2019, but the monthly total was 146.4% higher than the $367,116 recorded in August of this year, in a month when the National Football League season began.

September’s amounts wagered were again significantly up from August, but still below prior year levels. Handle came to $7.3m, a 38.1% year-on-year decline, but a 143.3% month-on-month improvement.

Players won $6.2m from betting during the month.

Delaware Park regained its place as the leading operator in the market, having lagged behind in July and August due to reopening later than the other two licensed venues in the state after the novel coronavirus (Covid-19) shutdown.

Revenue at Delaware Park in September reached $425,002, up from just $5,961 in August, while players spent $3.6m on sports betting at the facility, compared to $36,149 last month.

Harrington Raceway posted $254,809 in revenue for the month, an increase on $179,729 in August, while its handle climbed 35.7% to $1.9m.

Dover Downs, which led the market in August, slipped to third in September, with revenue amounting to $224,639, up 22.2% month-on-month. The venue’s handle also increased 13.3% from $1.5m to $1.7m.

For the year to date, through to September 27, revenue stood at $3.5m, down 38.6% on the same point last year, though Delaware’s sportsbooks were closed for a number of months this year due to the Covid-19 pandemic.

The state’s handle for the nine months to September 27 was $30.5m, down 78.4% from $141.1m last year.