Delaware Hits 2019 Sports Betting Revenue Peak in September

TopUsBets.com

By Carter Lee

October 21st, 2019 - 2:57pm

Delaware became the first state outside of Nevada to adopt sports betting in 2018 when PASPA was overturned.

Slowly, Delaware's sports betting revenue is increasing. Delaware reached its highest monthly total for the year in September, reaching over $2 million for the first time in 2019, according to the Delaware Lottery Sportsbook Report.

Each of Delaware’s three retail brick-and-mortar sportsbooks took in a seven-figure handle in September. Currently, there are no online bookies offered in the Blue Hen State. However, the state’s laws do permit online sportsbooks and they are expected to roll out soon.

Delaware Park Garners $7M Handle in September

Harrington Raceway saw the smallest revenue of the three sportsbooks in September. Harrington saw a handle of $2,280,047 with a net proceed of $416,125. In August, Harrington’s sportsbook took in a handle of $758,077 for a revenue of $87,311.

For the year, Harrington has a handle of $11,425,378 for a revenue of $1,304,650.

Dover Downs garnered a $2,497,077 handle for a revenue $455,729 in Sept. For the previous month, Dover Downs’ sportsbook took in $813,912 in bets for a net profit of $93,518.

For the year, Dover Downs has a handle of $14,199,900 for a total revenue of $1,609,005.

Delaware Park took in the largest handle in September with $7,062,694 for a net proceed of $1,287,789. For August, Delaware Park’s sportsbook garnered $2,847,499 in bets for a revenue of $324,177.

For the year, Delaware Park took in a handle of $43,800,533, garnering a revenue of $4,851,847.

For September, all three sportsbooks have taken in a combined handle of $11,839,818 for a total revenue of $2,159,643. For the year, all three sportsbooks combined for a handle of $69,425,811 with total net proceeds equaling $7,765,502.

Delaware’s sports betting revenue is down 31.5% compared to figures from September 2018, which saw all three sportsbooks combine for a total handle of $16,830,010 with a total net profit of $3,153,529.

What to Expect in October

Given that NFL regular season football is in full effect in September, paired with baseball reaching the end of its regular season and college football underway, the sports betting revenue increase from the previous month was expected.

Though Delaware’s sports betting numbers declined in October 2018 compared to the previous month that same year, it is still very likely that the Blue Hen State will see solid figures in October 2019.

October is a huge month for sports bettors with several major sports and leagues to choose from and bet on. Sports bettors can lay action on both college and NFL football, baseball is reaching a climax with the MLB Playoffs and World Series, regular season hockey is underway in the NHL, and regular season NBA basketball begins.

TopUsBets.com
Written By
Carter Lee

Carter Lee is an author, speaker, entertainment, sports journalist and professional gambler,. A former pro wrestler, he enjoys covering sports betting and casino games. He has contributed to many publications, including The Washington Times.

... Read More

Carter Lee is an author, speaker, entertainment, sports journalist and professional gambler,. A former pro wrestler, he enjoys covering sports betting and casino games. He has contributed to many publications, including...

Read More