November 23, 2020

Delaware’s sports betting revenue increase in October

Delaware’s sports betting revenue increase in October

Delaware’s sports betting market just announced its second highest revenue figures of the year to date in October. However, this figure represented an 11.7% year-on-year decline.

A $1.5 million revenue was registered as the highest that the state earned since January this year, before the novel coronavirus (Covid-19) pandemic hit the sector. This was also, by far, the best performance ever since retail sportsbooks resumed operations in July. It represented a 66.8% month-on-month improvement.

Players bet a total of $8.9 million in the four weeks to October 25, a 7.3% decrease from $9.6 million recorded in the same month in 2019, but it is a 22.0% increase on September this year’s $7.3 million revenue.

Players in Delaware won a total of $7.2 million from sports betting during the month of October. In total, they placed around 171, 936 bets.

Delaware Park continued to be the market leader in October with a total of $829,438 in sports betting revenue. This is considered more than half of the state’s total monthly revenue and almost twice the $425,002 it earned in September.

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