Browse articles by topic

Lower handle means Delaware betting revenue dips month-on-month in April

News

Revenue from sports betting in Delaware declined 7.4% month-on-month in April, as player spending fell to a year-low of $5.5m during the month.

Total revenue in the four weeks to April 25 totalled $895,299, down from $966,752 in March.

Consumer spending on sports betting also fell 16.7% from $6.6m in March to $5.5m in April, with players winning $4.4m in the process.

Year-on-year comparisons are not possible as the Delaware Lottery did not publish figures in April 2020 due to the closure of all retail sportsbooks due to the novel coronavirus (Covid-19). Delaware currently only permits land-based sports betting.

Delaware Park retained top spot in the state with $514,951 in sports betting revenue, as players wagered $3.2m at the facility during April.

Dover Downs remained in second with $198,447 in revenue from $1.2m in wagers, while Harrington Raceway posted $181,901 in revenue from bets totalling $1.1m for the month.

For the year-to-date, through to April 25, sports betting revenue in Delaware amounted to $4.3m, while the state’s handle reached $31.1m, Players won $26.2m from sports betting during the four-month period.