- Delaware’s September sports betting revenue numbers show a 146.4% increase from August.
- Revenue is down 58.9% from September 2019.
- Betting handle is up 143.3% from August 2020.
DOVER, Del. – The official September Delaware sports betting revenue numbers have been released by the Delaware Lottery commission and it shows month-on-month growth from August.
The First State has seen an increase of 146.4% in betting revenue from August and a 143.3% increase in betting handle. This could be attributed to the start of the NFL season and the NBA postseason in play.
Although the total sports betting revenue numbers are lower than they were in September 2019, the steady month-on-month growth in 2020 is still a good sign for the Delaware sports betting market.
Delaware Sports Betting Revenue
The official revenue numbers in Delaware paint a picture of heavy sports betting activity in the First State.
According to the reports, sports bettors have wagered over $7.2 million in betting handle. While compared to September 2019 this is a 38.1% decrease in wagers, the numbers still show a massive boom from the $2.9 million wagered in August.
September saw the NBA postseason, the NHL playoffs, the start of the continued MLB season, and the start of the NFL season.
The increase of major sporting events to wager on can be viewed as the reason for the influx in sports betting activity.
Most of the wagers were taken in at the Delaware Park sportsbook where $3.6 million was bet on sports. Harrington Raceway sportsbook took in over $1.9 million in wagers and the Dover Downs sportsbook took in just under $1.7 million.
In terms of sports betting revenue, the reports show that Delaware saw $904,450 collected. As the state has a 50% tax on sports betting revenue, $452,226 went to the First State.
The revenue numbers in Delaware showcase a massive boom in sports betting as the nation bounces back from the coronavirus pandemic. October numbers are also expected to see a major boom.
The NBA Finals will be wagered on, as well as the continued NFL and MLB seasons. The legal sports betting market in Delaware is only expected to continue to grow.
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.