Home Finance Delaware’s sports betting handled reaches an eight-month peak in September

Delaware’s sports betting handled reaches an eight-month peak in September

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Delaware players bet $7.6m on sports, their highest amount in the last eight months. Igaming betting also rose.

The sports betting handling was down by 14.6% from the $8.9m of September 2022. The figure, however, was 216.7% higher than $2.4m from August 2023. It is the highest amount in Delaware since the beginning of January.

The revenue was also down, at $958.547, but was up by 208.9% compared to August.

Delaware Park is the leader in sports betting with $130 379 revenue from a $1.9m wager.

Bally’s Dover was second, with $71,880 in revenue from $1.0m of bets. Harrington Raceway reported $30,707 revenue with a $434.662 handle. A further $725.583 revenue was generated by $4.3m of bets placed at retail outlets.

Delaware’s gaming revenue drops despite increased spending

Spending on i-gaming increased by 3.4% compared to last year, to reach $39.3m. The figure is also 21,3% more than the August total and represents the highest monthly total in May. This total was made up of $22.3m wagered at video lotteries and $17.0m on table games.

In the gaming sector, revenue was $1.1m. This amount is down 15% from the $1.3m of last September and on par with August 2023.

Table games brought in $219.505 and video lottery games $856.402. Poker rakes and fees brought in an additional $33,043 dollars.

Delaware Park led the market for igaming in September, with a total of $534.015 in revenue from $22.2m bets.

Bally’s Dover, which also offers sports betting services, was ranked second in the country with 356,861 dollars of revenue from $10m wagers. Harrington Raceway was third, with a revenue of $118,074 and $6.8m worth of wagers.

Rush Street Interactive was chosen as Delaware State Lottery’s igaming vendor in August.

RSI offers its igaming solutions for an initial term of five years. The initial five-year term can be extended for up to an additional five one-year periods, dependent on the regulatory approvals.

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