Delaware betting market increased significantly in November

Delaware’s sports betting market has posted its second-highest monthly revenue total, under which reported a 31 per cent increase in iGaming revenue to $209,235 in November, with sports betting contributing a further $1.12m during the month.

Net proceeds raised from sports betting for the month ended November 25 soared 151% month-on-month, aided by an 11% increase in handle to $16.4m. After player winnings of $15.1m and vendor fees of $160,711.

Delaware Park was responsible for $805,285 of total revenue, with a total of 338,965 bets placed over the month. Dover Downs generated revenue of $90,880, making it the largest single contributor of the state’s three licensed iGaming entities. Harrington Raceway, which has tended to fail to match its rivals, moved into second place with revenue of $66,516. Delaware Park endured a difficult month, with revenue down 54% year-on-year to $51,838.

Since the state’s sports betting market launched on June 24, Delaware has generated $6.8m in revenue from total player stakes of $70.9m.

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