Delaware reports sports betting revenue increase
Sports betting operations from January have contributed US$1.5 million in revenue for Delaware.
US.- The Delaware Lottery has reported that sports betting achieved a good performance in January. Revenues totalled US$1.5 million, despite a decline in player spending during last months operations.
The US$1.5 million represents a 5.5% year-on-year increase in sports betting revenue in Delaware, up from the US$1.4 million that the three operators in the state had registered during the same month last year.
These figures come despite a decline in player spending in Delaware. Handle declined 23.6% from US$11.9 million to US$9.1 million, while winnings also decreased 28.2% to US$7.4 million.
Moreover, the Delaware Lottery reported that the top performer in the state was Delaware Park. The facility registered a 9.1% fall to US$886k and a handle setback of 33.7% to US$5.4 million.
Sports betting took US$12.5 million in 2019
According to official numbers, the segment generated US$12.5 million in revenue in 2019. Moreover, punters spent US$102.6 million over that time and won US$79.6 million. They also placed an overall 2.55 million wagers through state-licensed operators.
