Delaware Sportsbetting Market Has Big Month in November

The state of Delaware is reporting that November was the best month for legalized sportsbetting, as revenues were up 151% for the period.

The state reported that the net proceeds on sportsbetting were up 151%, with handle up 11% to $16.4 million. Player winnings were $15.1 million, with vendor fees of $160,711, leaving the revenues of $1.1 million. Delaware Park made up 72% of revenues, hauling in $805,285 from the activity, while also handling 64% of all wagers during the month.

Since the start of the year the First State has generated $6.8 million with sportsbetting, with wagers reaching $70.9 million and punters winning $63.2 million.

Internet betting has continued to be sluggish, with $209,235 in revenues for the month, which is about flat from last year. Most of that total comes from video lottery, with $68,336 coming from table games, and just $17,894 in poker. 495 players registered for an online account during the month.

Delaware is the smallest state currently offering online gambling and sportsbetting services to those within their borders. The state has a population of just over a million people, and online casino gaming has certainly struggled, although it appears that sportsbetting has provided a lucrative shot in the arm.

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bgsharpe
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19 December 2018 - 2:49pm
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It looks like Delaware doing pretty well in terms of sporsbetting and not so when it's about online gambling of any sort but as Dustin explained the lowest population number doesn't help that at all but land based business doing OK probably because of the neighboring states gambling tourist I assume.

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