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NEWS 16 April 2019

March Madness helps Delaware sportsbooks recover from poor February

By Tim Poole

Delaware’s sportsbooks enjoyed a far better March than February, generating $1.6m in revenue.

February saw Delaware’s three sports betting locations make a total of only $22,152, with its biggest sportsbook, Delaware Park, losing $28,750.

This was chiefly due to heavy favourites New England Patriots winning the Super Bowl but, while American football was February’s villain, basketball was March’s hero.

Basketball tournament March Madness led to $10.5m worth of sports wagers in Delaware, with all three of the state's locations seeing a month-on-month increase.

Delaware Park accepted $6.6m from 148,593 wagers and subsequently made just over $1m in revenue.

Dover Downs made $328,147 from around $2m in bets and Harrington Raceway generated $279,454 from $1.7m in sports betting handle.

For the calendar year to date, Delaware has now made $3.1m in sports betting revenue, from a total of $30.9m wagered.

RELATED TAGS: Financial | Sports Betting
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