Delaware sports betting revenue and handle down in March

| By Robert Fletcher
Sports betting revenue in Delaware declined 44.5% year-on-year in March, while consumer wagering also fell 22.4%.

Revenue for the month amounted to $553,465 (£443,601/€526,481), down from $966,752 in March of 2021, but 464.0% higher than $98,135 posted in February this year.

The state’s handle for March reached $5.2m, a drop from $6.7m in March last year but level with the amount wagered by players during February 2022.

Delaware Park claimed top spot in the market in terms of both revenue and handle. For the month, Delaware Park posted $281,719 in revenue after players spent $2.6m betting on sports.

Dover Downs ranked second with $158,120 in revenue off a handle of $1.5m for March, then Harrington Raceway with $113,626 in revenue and a $1.1m handle.

Players won a total of $4.5m from sports betting during the month, placing 168,561 wagers in the process.

The monthly sports betting figures came after the Delaware Lottery also reported an 11.6% year-on-year increase in igaming revenue during March, while player stakes climbed 21.8%.

Revenue for the month amounted to $1.0m, an improvement on $897,781 in March 2021 and also 18.8% higher than the $843,247 recorded in February of this year.

Players spent a total of $37.4m on igaming during March, up from $30.7m in March last year and a 53.3% increase from $24.4m in February this year.

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