Published
FinancialSports Betting

Delaware sports wagering revenue increases in August

The Delaware Sports Lottery has recorded a 53% increase in net revenue from sports betting in the state's second full month of service.

delaware

Net proceeds for the period between 30 July to 26 August was $706,000, up from $460,000 gained in the previous month.

This revenue growth came in spite of a 6% decline in money wagered, which fell to $7.7m.

Delaware Park took the largest share of the revenue, accounting for 68% of net revenue, or $482,000, followed by Dover Downs, which recorded revenue of $152,000, and Harrington Raceway with $72,000.

Delaware Park has also taken 71% of total stakes for the year-to-date, equating to $16.3m, and there have also been 228,000 wagers placed at Delaware Park, which is 73% of the 314,000 wagers placed in The First State since sports betting launched on 5 June.

Net revenue for the year-to-date in Delaware is just over $2m, from just under $23m wagered.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium Connections
Consultancy
Executive Profiles
Nederlandse Loterij
Relax Gaming
Hoiana Resort & Golf
Tipico
Follow Us

Facing Facts: Q1 2024 analysis from across the globe

Gambling Insider tracks the Q1 results of operators across t...

Taking Stock: A guide to sports betting operator and supplier prices

Gambling Insider tracks sports betting operator and supplier...

Tailor-made: The power of personalisation in the modern gaming industry

With insights from GR8 Tech, Greentube and the Oregon Lotter...

Sportradar and the Taiwan Sports Lottery: More offerings, greater efficiency

Danny Fok, VP of Strategic Projects at Sportradar, speaks al...