Delaware sports betting handle rockets 440% in March
Handle was some way clear of the $3.5m spent in Delaware in March last year. It was also up 37.0% from $13.8m in February of this year.
In terms of revenue, this amounted to $1.0m in March. This was 89.2% ahead of $544,385 last year and also 83.8% higher than $560,449 in February.
The significant year-on-year increase was driven by the launch of the Delaware Lottery’s first online sportsbook. Powered by Rush Street Interactive (RSI) and BetRivers, the sportsbook went fully live in January.
Breaking down performance, Delaware Park led the way in March with $681,548 in revenue off $13.1m in bets. Harrington Raceway placed second on $176,583 from $3.3m, then Bally’s Dover with $113,692 off $1.5m.
A further $58,273 in monthly sports betting revenue came from $990,664 bets placed with retailers across Delaware.
Online casino revenue tops $4.6m in March
Turning to the online casino market, total spend here in March stood at $136.0m. This was up 227.7% from $41.5m in March 2023 and 16.0% ahead of February’s $117.2m total spend.
Of the total amount wagered by players in March, some $85.3m was bet on video lottery and $50.7m online table games.
As for revenue, total for the online casino market reached $4.6m. Again, this was some way clear of last year, surpassing the March 2023 total by 228.6%. It was also 18.0% more than $3.9m in February.
Online video accounted for $3.3m of monthly revenue, with table games’ share at $1.3m.
As for individual operators, Delaware Park also claimed top spot here, posting $2.0m in revenue across online video and table games. Total spend with the operator amounted to $71.1m.
Harrington Raceway claimed second with $1.6m in igaming revenue from $38.9m. Bally’s Dover rounded off the market with revenue of $951,096 off $26.1m in total wagers.
Like the sports betting market, igaming has also benefitted from recent new launches. Each of the state’s three operators rolled out new online casino platforms in January.