Delaware January Sports Betting Revenue Sees 30% Decrease

• Delaware’s three sportsbooks saw a drop in January’s handle and revenue.
• Delaware’s sports betting handle hit its all-time-high in 2018, and has not reached it again since.

DOVER, Del. – Delaware’s sports betting market took a pretty big dip in January, with an overall decrease year-over-year from 2021.

How Much Did Delware Residents Bet On Sports In January

According to a recent report from Delaware Sports Lottery, residents wagered $12.6 million on sports in January of this year, a 23.8% decrease from January of 2021.

Sportsbooks handled a nearly identical amount the month prior, in December.

Sportsbook Handle Comparison:

• January 2022 Handle: $12,637,103
• December 2021 Handle: $12,638,955
• January 2021 Handle: $15,649,254

Delaware’s January Revenue Breakdown

Sportsbooks generated $1.9 million in January legal sports betting revenue, a massive 30.1% drop from the $2.4 million made in January of 2021.

Delaware residents place their sports bets across three state-regulated sportsbooks respectively located at Delaware Park, Dover Downs, and Harrington Raceway.

Sportsbook Revenue Breakdown:

• Delaware Park: $391,335
• Dover Downs: $214,703
• Harrington Raceway: $159,054

Delaware‘s sportsbooks reached an all-time high betting handle in November of 2018, with a record $24.2 million, but hasn’t managed to break the $20 Millon marl since 2019.

A potential reason for Delaware’s slow decline in sports betting interest could be the absence of online/mobile sports betting options causing residents to cross state lines into Pennsylvania, or New Jersey to place their bets online.

News tags: Delaware | Delaware Sports Lottery | New Jersey | Pennsylvania | Revenue