Browse articles by topic

Delaware sports betting handle continues decline in May

News

Sports betting handle in Delaware fell again in May, but the amount spent on igaming during the month hit a year-high.

Consumers bet $2.8m betting on sports in May, down 45.1% from $5.1m in the same month in 2022 and also 17.7% behind $3.4m in April this year. This was also the lowest monthly total since August 2022.

Revenue from sport betting during the month amounted to $245,474. This was 50.5% down from $495,676 last year and 34.5% lower than $374,568 in April.

Delaware Park remained the market leader with $112,768 in revenue from $1.3m in bets. Bally’s Dover was next on $68,221 off $740,564, then Harrington Raceway with $33,500 from $377,031.

A further $30,986 was generated off $375,695 from betting with retailers.

Igaming spend grows

In contrast, the amount wagered on online gambling during the month hit a monthly high for the current calendar year.

The $44.2m spent was 38.6% up from $31.9m in May of last year and 11.9% higher than $39.5m in April this year.

Of this total, $26.6m was spent on video lottery games and $17.5m online table games.

Revenue from igaming hit $1.2m, up 9.1% year-on-year but 7.7% lower than in April. This comprised $976,880 in video lottery revenue, $216,554 worth of table games revenue and a further $38,318 in poker rake and fee.

Bally’s Dover claimed top spot with $457,240 in revenue from $10.6m in wagers. Delaware Park was second on $444,955, despite taking $20.7m in bets, then Harrington Raceway on $391,510 from $8.1m in wagers.

Delaware Park also took top spot in this market with $509,183 in revenue from $18.0m in bets. Bally’s Dover was second with $381,383 off $13.5m, then Harrington on $341,185 from $12.7m.