Finance

Delaware sports betting revenue down in March

1 minute read
The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher than the total collected in February 2020.

The Delaware Lottery has reported a year-on-year fall in sports betting revenue for March, but the $571,486 generated by operators during the month was higher than the total collected in February 2020.

Revenue in the five weeks to March 20 was down 64.3% from $1.6m last year, but when looking at the results on a month-on-month basis, revenue was up an impressive 257.6% from $159,800 in the previous month.

Players wagered a total of $3.9m on sports in March, a huge drop from $10.5m in the same month last year, though betting options were significantly limited due to the cancellation of many sporting events as a result of the novel coronavirus (Covid-19) outbreak.

Delaware Park retained top spot in the state’s market after posting $340,100 in sports betting revenue from $2.3m in total wagers during the month. Revenue was down 67.3% year-on-year, while player spending also fell 65.2%.

Read the full story on iGB North America.

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