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Delaware sports betting revenue reaches $1.5m in January


The Delaware Lottery has revealed a 5.5% year-on-year rise in sports betting revenue for January, despite an overall decline in player spending.

Collective revenue from the three licensed operators in the state amounted to $1.5m in January 2020, compared to $1.4m in the same month last year.

However, consumers in Delaware spent less on sports betting this year, with the state’s handle down 23.6% from $11.9m to $9.1m. Player winnings also slipped by 28.2% to $7.4m.

Delaware Park was the leading sports betting venue in the state for January, despite revenue falling 9.1% year-on-year to $886,783. The operator also saw its handle slip 33.7% from $8.1m to $5.4m.

Dover Downs ranked second in terms of revenue, posting $331,74 for the month, up 28.1% from $259,058 in January of 2019, despite its handle falling by 7.7% to $2.0m.

Harrington Raceway, the only other licensed operator in Delaware, saw revenue increase by 46.7% year-on-year to $298,664, while its handle also improved from $1.7m in 2019 to $1.8m this year.