Delaware sports betting handle down 28.2% year-on-year in January

Player spending on sports betting in Delaware fell 28.2% year-on-year to $8.4m (£6.2m/ in January, while the state also reported a 55.6% drop in revenue for the month.

Delaware’s handle was down from $11.7m in January last year, the second highest monthly total for all of 2021, behind the $12.2m spent in October.

However, the January 2022 figure was up 12.0% month-on-month from the $7.5m wagered in December of last year.

Revenue also dropped sharply year-on-year from a year-high of $1.7m in January of 2021 to $765,092, though this was up 157.8% month-on-month from $296,809 in December of last year.

Players won a total of $765,092 from sports betting in January, placing 228,828 wagers in the process.

Delaware Park was the state’s leading operator during the month, posting $391,335 in total revenue from $4.2m in player wagers.

Dover Downs ranked record with $214,703 in revenue and a monthly handle of $2.3m, then Harrington Raceway on $159,054 in revenue from $1.8m in consumers bets.

Original Article