Delaware sports betting revenue down 87% month-on-month in February

| By Laura Gumbrell
Player spending on sports betting in Delaware dropped by 37.7% from $8.4m (€7.6m/£6.4m) in January to $5.2m in February, while revenue fell even more sharply.

Revenue also dropped from $765,092 to $98,135, signifying an 87% decrease since the beginning of the year.

Players won a total of $5.1m across the February, with 160,742 wagers being placed during the month.

Delaware’s handle also was down 28.7% from February 2021, when players placed $7.3m worth of bets. Revenue was down 86.1% year-on-year.

Dover Downs was the state’s leading operator in February, with net revenue of $44,305 across the month from 43,683 wagers. Compared to February last year, this is 4,652 less wagers and $104,313 less in revenue.

Revenue from January’s leading operator, Delaware Park, was down 91% month-on-month in February. The operator recorded $35,200 in net revenue, compared to $391,000 in January. This was spread across 81,778 wagers – 36,350 less than the previous month.

Meanwhile, Harrington Raceway took in the least money in both months, recording $18,000 in revenue across 35,281 wagers as compared to $164,009 in February 2021, across 45,316 wagers.

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