Home > Finance > Delaware sports betting revenue hits $12.5m in 2019

Delaware sports betting revenue hits $12.5m in 2019

| By iGB Editorial Team
Delaware’s sports betting market generated $12.5m in revenue in 2019, the first full year of regulated activity in the state.

Delaware’s sports betting market generated $12.5m (£9.5m/€11.2m) in revenue in 2019, the first full year of regulated activity in the state.

Consumers spent a total of $102.6m on sports bets over the past year, winning $79.6m in the process. Overall, 2.55m wagers were placed through licensed operators in 2019.

Delaware Park was the leading operator in the state, turning revenue of $7.8m after taking $64.1m in bets in 2019.

Revenue was up 25.2% year-on-year from $6.2m in 2018, despite Delaware Park having only accepted sports bets for six months in the previous year. Customer spending was also only up 5.4% year-on-year.

Read the full story on iGB North America.

Image: Nicolas Raymond

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