Delaware’s betting revenue grows in September

Delaware’s sports betting market saw significant month-on-month growth in September.

According to the latest figures from the Delaware Lottery, sports betting revenue amounted to $904,450 for the month ending 27 September representing a significant increase on the $367,116 generated in August.

Despite the month-on-month increase, revenue was far behind the $2.2m generated in September 2019.

Looking at Handle, bettors wagered $7.3m on sports in September, representing a significant month-on-month increase. Handle however was also down 38.1% on the $11.8m wagered this time last year.

Sports bettors in the state managed to win back $6.2m from the bookies.

Breaking down the figures

Looking closer at the figures, Delaware Park dominated the market after generating $425,002 in betting revenue from $3.6m in sports bets. This marks an increase on the $5,961 generated and $36,149 bet in August.

The sportsbook at the Harrington Raceway came in second place after generating $254,809, up from $179,729 last month. The amount wagered at the facility also grew by 35.7% month-on-month to $1.9m.

Dover Downs slipped from first place in August to third in September after generating $224,639 in betting revenue from $1.7m in sports bets.

For the year to date, Delaware’s sportsbooks have generated a total of $3.5m which marks a 38.6% drop on the amount generated this time last year. Betting handle for the year to date is also down from $141.1m in 2019 to $30.5m in 2020.

Sports betting in Delaware

In June 2018, Delaware became one of the first US states to legalize and launch sports betting following the repeal of the Professional and Amateur Sports Protection Act (PASPA).

Like every other US state with legal sports betting, Delaware’s market is showing signs of recovery after the shutdown of its casinos back in March due to coronavirus lockdown.

However, when compared to other states, it could be argued that Delaware’s sports betting recovery has been slow with slight month-on-month increases in handle and revenue.

Despite the slow recovery, it’s important to remember that sports betting in Delaware is currently restricted to three land-based venues – Delaware Park, Harrington Raceway and Dover Downs.

On top of this, Delaware is one of the smallest states in the US and shares borders with New Jersey and Pennsylvania, two states that currently offer online and mobile sports wagering. It wouldn’t be a surprise to see sports fans in Delaware travel across state lines to take advantage of sign-up offers and mobile wagering in those states.

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