Delaware sports betting handle slips to nine-month low in April

Player spending on sports betting in Delaware fell to a nine-month low in April, with the state’s handle falling to its shortest total since July of last year.

Consumers wagered a total of $4.2m (£3.4m/€4.0m) on sports during the four weeks to 24 April, down 23.6% from $5.5m in the same month in 2021 and also 19.2% down from $5.2m in March this year.

This total, figures published by the Delaware Lottery show, was the lowest monthly amount since $4.1m was bet in July 2021.

Revenue for April reached $314,336, which was 64.5% lower than $895,299 in July last year and 43.2% down from $553,465 in March 2022.

Delaware Park retained top spot in the market, posting $151,674 in revenue from $2.1m in wagers.

Dover Downs placed second with $95,059 in revenue and a handle of $1.2m, while the Harrington Raceway followed in third, reporting $67,603 in revenue from $853,005 in wagers.

Players won a total of $3.8m from sports betting during the month, placing 142,465 bets in the process.

Original Article