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 Connections
Consultancy
Executive Profiles
Mohegan
Mohegan Inspire
DraftKings
The Star Entertainment Group
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...