- Delaware sportsbooks saw less activity in April month over month.
- Total betting handle saw a 17.9% decrease.
- Delaware sportsbooks also saw a 7.4% decline in betting revenue month over month.
DOVER, Del. – Delaware sportsbooks saw less action in April month over month, mainly due to the end of the college basketball season.
Local betting fans wagering less led to a decrease in both sports betting handle as well as sports betting revenue.
This may change in later months as NASCAR races will be allowing fans in the venue which could lead to increases in Delaware sports betting activity.
Delaware Betting Dips
Based on the report released by the Delaware Lottery, $5.5 million was wagered on sports in April, down month over month from the $6.7 million wagered in March, a 17.4% decrease.
The decrease in activity led to revenue decreases as well, with April only seeing $894,231. March saw $965,419 in sportsbook revenue making this a 7.4% decrease month over month.
Delaware does not have a regulated mobile betting market, so all of its revenue is reliant on retail sportsbooks.
In addition, the 102 sports lottery retailers only offer wagers for college football or NFL parlay betting. Both the NFL season and college football season are over.
With NASCAR set to accept fans in arenas, Delaware could see an uptick in activity overall in the coming months. This may allow the market to rise again as they await the NFL season to start.
One thing Delaware betting continues to suffer from, however, is its proximity to states like Pennsylvania who see more than 90% of its wagers come from mobile sportsbooks.
It is very likely that many would-be Delaware betting fans who live close to the border would cross over and place action online, finding this more convenient than traveling to the retail operation.
Delaware so far has failed to produce any legislation to launch a regulated market, allowing the First State to be eclipsed by other legal sports betting markets regularly.
Still, Delaware has continued to make some form of profit from its sportsbooks, so they may not be too concerned with competing with the larger markets.
Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.