Delaware’s sports betting market posted its second-highest revenue for the year to date in October.
According to figures from the Delaware Lottery, sportsbooks in the state generated $1.5m in revenue in October, making this Delaware’s second-highest performing month for revenue for the year to date.
However, when compared to figures from this time last year, revenue was down 11.7% year-on-year.
Bettors in the state staked $8.9m on sporting events for the four weeks ending 25 October, representing a 22% increase on the $7.3m wagered in September. However, this figure was also down year-on-year from $9.6m.
Bettors in the state placed 171,936 bets in October and managed to win a total of $7.2m from the sportsbooks.
Each operator’s performance
Delaware Park continued to dominate the market in October after generating $829,438 in sports betting revenue, which was more than half of the state’s total revenue in September. The sportsbook at the venue processed $4.9m in bets in October, up from the $3.6m generated in September.
Harrington Raceway took second place after generating $390,475 in revenue from $2.3m in bets. The venue’s October revenue was up 53.2% on the $254,849 generated in September.
Dover Downs came in third place after generating $288,485 from $1.7m in bets.
Best month since the pandemic hit
October’s revenue marks the state’s best performance since the coronavirus pandemic hit the gambling sector and marked the state’s best performance since its land-based sportsbooks were permitted to reopen in July.
For the year to date ending 25 October, sportsbooks in the state have generated a total of $5m from sports betting, representing a 47.7% drop on the $9.5m generated this time last year. Delaware’s year to date handle also saw a 50% drop to $39.4m.