Delawares sports wagering activity experienced a dramatic increase of 440% in March.
Consumer outlays on Delaware sports betting leaped 440% year-over-year in March, reaching $18.9 million (£15.2 million/€17.7 million). The state’s internet betting market also saw a rise.
Delawares sports wagering handle in March skyrocketed 440%.
The handle significantly exceeded Delawares $3.5 million in March of the previous year. It also climbed 37.0% from $13.8 million in February.
In terms of earnings, March witnessed $1 million in revenue. This represented an 89.2% increase from $544,385 in the same period last year and an 83.8% increase from $560,449 in February.
The substantial rise in revenue is attributed to the launch of the Delaware Lottery’s initial online sports betting platform. The sports betting site, powered by Rush Street Interactive (RSI) and BetRivers, became fully operational in January.
A breakdown of the data reveals that Delaware Park topped the list with $681,548 in revenue from $13.1 million in wagers in March. Harrington Raceway came in second with $176,583 in revenue from $3.3 million in wagers, followed by Dover Downs with $113,692 in revenue from $1.5 million in wagers.
An additional $58,273 in monthly sports betting revenue originated from $990,664 in bets placed at Delawares various physical locations.
Online casino revenue surpassed $4.6 million in March.
Shifting focus to the online casino market, total expenditures in March amounted to $136 million. This represented a 227.7% increase from $41.5 million in March 2023 and a 16.0% increase from total spending of $117.2 million in February.
Of the total amount wagered by players in March, approximately $85.
Digital video lottery wagering achieved a sum of $3 million, whereas digital table game wagering hit $50.7 million.
The total income of the digital casino market reached $46 million, a 228.6% surge from March 2023 and an 18% rise from February’s $39 million, establishing a new peak.
Digital video contributed $3.3 million in monthly income, while table games contributed $1.3 million.
Delaware Park topped the list among individual operators, with $2 million in income from digital video and table games, and a total wager of $71.1 million.
Harrington Raceway came in second with $1.6 million in digital gambling income and a total wager of $38.9 million. Baltimore Dover ranked third in the market with $951,096 in income and a total wager of $26.1 million.
Similar to the sports betting market, digital gambling has also profited from recent new launches. All three operators in the state launched new digital casino platforms in January.
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