- With the lack of regulated online sports betting in Delaware, the market continues to suffer.
- Delaware only managed to net just over $12 thousand in July.
- Revenue was down 97.6% from July 2019.
DOVER, Del. – The Delaware sports betting market has continued to suffer during the coronavirus pandemic as retail sportsbooks continue to be closed.
The Diamond State has not yet regulated online sports betting, which all but eliminated the betting market when retail locations were forced to close their doors.
The July revenue numbers released by the Delaware Lottery Commission show a 97% decrease in revenue from this time last year.
Delaware Sports Betting Suffers
The Delaware sports betting numbers released by the Lottery Commission shows a massive drop in overall betting activity from 2019 to 2020. This drop is mainly contributed to the COVID-19 pandemic.
The report shows a steady decrease from month to month, accumulating in a July that only saw $12,114 in betting revenue taken in by the Diamond State.
The Bulk of the betting activity came from the Harrington Raceway, which saw $2,346 in the betting handle. Dover Downs followed with $2,344 and Delaware Park saw just $133.
— Dover Downs Casino (@DoverDowns) August 25, 2020
With the closing of all land-based operators back in March, and the lack of regulated online sports betting options, the Diamond State saw no sports betting revenue for months.
While other legal sports betting markets managed to recover quickly from shutdowns thanks to online betting and the return of major sports, Delaware missed out on months of potential revenue.
Delaware may look at these abysmal July numbers and be motivated to rethink its stance on online and mobile sports betting.
Sports betting has already been proven to be a successful outlet for many states, and with global shutdowns leading to economic crisis all over the nation, the added revenue from sports betting is more important now than ever.
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.