Delaware sports betting performance improves in March

16 April 2019

Delaware’s legal sports betting sector has been given a significant boost after it was revealed that revenue from the state’s regulated market amounted to $1.6m (£1.3m/€1.5m) in March, up from just $22,152 in the previous month.

The figure represents the best monthly performance so far in 2019, as well as the highest monthly total since the Delaware Lottery posted sports betting revenue of $2.1m in December of last year.

Punters wagered a total of $10.5m on sports during March, which is up on the $8.5m that was bet in February, while consumers only won $8.6m compared to $8.5m in the previous month as operators proved more successful.

Delaware Park retained its place as the market leader in the state, taking $6.6m in bets and posting revenue of $1.04m. Dover Downs followed in second with revenue of $328,150 off wagers of $2.1m, while Harrington Raceway placed third with revenue of $279,450 off $1.8m in bets.

For the calendar year through to the end of March, legal sports betting revenue in Delaware stood at $3.1m from $30.9m in wagers, with punters having won a total of $27.4m.

Meanwhile, the Delaware Lottery has also revealed month-on-month growth for the state’s legal online gaming market. Revenue in this sector totalled $288,740 in March, up from $274,690 in February.

Consumers bet a total of $14.6m online during the month, compared to $9.0m in February, taking home a total of $14.4m in winnings.

The igaming market took a similar structure to sports betting in March, with Delaware Park ranking first in terms of online gaming revenue, posting $138,430 from $8.4m in bets last month. Dover Downs placed second with revenue of $78,950 from $5.0m in bets, while Harrington Raceway followed in third with revenue of $71,360 from $1.3m in online wagers.

Through to the end of March, licensed operators in Delaware posted combined igaming revenue of $842,980. Punters have placed a total of $31.1m in bets and taken home $30.2m in winnings.

Image: Calstanhope