Home > Finance > Delaware sports betting revenue soars in October

Delaware sports betting revenue soars in October

| By iGB Editorial Team
Licensed sports wagering operators in Delaware generated a collective $1.7m in revenue in October, up by 287.1% on the same month last year.

Licensed sports wagering operators in Delaware generated a collective $1.7m (£1.3m/€1.5m) in revenue in October, up by 287.1% on the same month last year.

October was the second most successful month so far this year for sports betting in the state, despite revenue falling short of the $2.2m recorded in September.

Players wagered a total of $9.6m on sports in the four weeks to October 27, down 34.5% from $14.7m in the same month last year, while the total number of bets also fell from 287,050 to 251,235. However, punters were less successful with betting, which meant operators’ hold increased.

Delaware Park retained top spot in the state’s market, posting $1.8m in revenue and a handle of $6.1m. Revenue for the venue was up 124.4% year-on-year, but customer spend fell 43.5% from $11.5m last year

Read the full story on iGB North America.

Image: Calstanhope

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