Delaware sets igaming revenue record in July as sports betting struggles continue

Online gaming revenue in Delaware reached a record-high in July, though the state’s sports betting market continued to struggle.

Revenue from igaming amounted to $1.25m (£1.06m/€1.25m). narrowly beating the previous monthly high of $1.22m set in April this year.

The July figure was also 58.1% higher than $793,017 in the same month last year, as well as 12.1% ahead of $1.1m in June this year.

Online video lottery accounted for $1.0m of total revenue for the month, with table games at $165,378 and poker rake and fees $43,944.

Players spent $39.4m gambling online, including $26.8m on video lottery and $12.6m on table games.

Delaware Park was the leading operator in the igaming sector with $377,753 in revenue off $16.2m in bets, ahead of Bally’s Dover on $377,753 from $12.9m and Harrington Raceway with $332,904 off $9.8m in wagers.

Turning to sports betting, revenue for the month stood at $383,249, down 27.5% year-on-year, but 80.1% higher than $212,768 in June this year.

Consumers wagered a total of $2.7m on sports during July, down 5.0% from $3.6m in July of last year and 22.9% lower than $3.5m in June 2022. This figure was also the lowest monthly total so far in 2022.

Delaware Park also claimed top spot in the sports betting market with $203,322 in revenue from $1.4m in wagers. Bally’s Dover ranked second with $93,683 in revenue off a $668,294 handle, then Harrington Raceway on $86,725 from $579,359.

Original Article