Delaware sports betting revenue soars in February

The Delaware Lottery has revealed that sports wagering revenue in the state amounted to $159,800 (£129,331/€144,332) in February, representing a huge year-on-year increase, but a sharp decline on the total generated in January 2020.

Revenue in the four weeks through to February 23 was significantly higher than the $22,152 collected in the same month in 2019, but was also 89.4% lower than the $1.5m posted for the January 2020.

Consumer spending in February was down by 17.3% year-on-year to $7.0m, as players won a total of $6.8m, compared to $8.5m last year.

Delaware Park led the state’s market in February, generating a total of $96,773 in sports betting revenue, a significant improvement on a loss of $28,750 posted in February of last year. This was despite consumer spending falling by 20.8% to $4.2m.

Read the full story on iGB North America.