Delaware sports betting revenue reaches $1.5m in January
| By iGB Editorial Team
The Delaware Lottery has revealed a 5.5% year-on-year rise in sports betting revenue for January, despite an overall decline in player spending.
The Delaware Lottery has revealed a 5.5% year-on-year rise in sports betting revenue for January, despite an overall decline in player spending.
Collective revenue from the three licensed operators in the state amounted to $1.5m (£1.2m/€1.4m) in January 2020, compared to $1.4m in the same month last year.
However, consumers in Delaware spent less on sports betting this year, with the state’s handle down 23.6% from $11.9m to $9.1m. Player winnings also slipped by 28.2% to $7.4m.
Delaware Park was the leading sports betting venue in the state for January, despite revenue falling 9.1% year-on-year to $886,783. The operator also saw its handle slip 33.7% from $8.1m to $5.4m.
Read the full story on iGB North America.