Despite Delaware March Sports Betting Handle Dips, Revenue Up

Delaware saw a slight downturn in March on total handle, but saw a big increase in revenue, according to official figures released Friday by the state.

The Delaware sports betting handle in March was $6.7 million, down 11.4% from February’s $7.5 million. But it was up 71.9% from March 2020’s $3.9 million.

All of the handle in March was recorded at the state’s three sportsbooks and no money was from the combined total of 102 sports lottery retailers. The retailers can only offer college football and NFL parlay bets.

The three sportsbooks in Delaware are at race tracks or racinos — Dover Downs, Harrington and Delaware Park. The lack of mobile sports betting continues to affect the state’s sports betting figures. Several top Pennsylvania sportsbooks are nearby and Delaware residents only have to cross the border to take advantage online.

The total revenue in March was $965,419 with $966,752 from sportsbooks, minus -$1,333 from sports lottery retailers, the figures showed. The number was up a solid 62.1% from February’s $595,680 and up 69.5% from March 2020 ($570,442).

Delaware Sports Betting, March vs February

  TOTAL HANDLE REVENUE
March $6.666M $0.965M
February $7.520M $0.596M
Change Down 11.4% Up 62.1%

Note: There is no mobile sports betting in Delaware.

Delaware iGaming Continues to Rise

The Delaware iGaming figures had a slight boost in both month-over-month and year-over year comparisons.

With no March numbers reported, February’s iGaming handle in the nation’s first state was $21.9 million, up 3.5% from January ($21.1 million) and up a 121.7% increase from February 2020 ($9.9 million). The Delaware iGaming revenue was $751,291 in February, up 1.7% from January ($738,525) and 131.2% greater than in February 2020 ($324,958).

https://www.gambling.com/news/us/despite-delaware-march-sports-betting-handle-dips-revenue-up-2492500