March Sports Betting Handle Down In Delaware, But Revenue Up

March Sports Betting Handle Down In Delaware, But Revenue Up
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Delaware sports betting saw mixed numbers in March. The total sports betting handle was down 45% from February. But the revenue generated in March increased more than 250% to $571,486. In addition to revenue from sports betting, iGaming in Delaware saw a big increase in March.

RELATED: Learn more about Delaware sports betting and gaming

Delaware sports bettors wagered $3,877,068 in March, a sharp decline from February’s $7,031,079, according to figures released by the Delaware Lottery, which oversees gaming in the state. But the three licensed casinos in Delaware closed in mid-March as the sports world and the world in general shut down because of the coronavirus.

Year over year, Delaware saw a decrease in sports betting handle. In March 2019, $10,483,128 was bet in Delaware. Of course last year the NCAA Tournament was being played and the casinos were open for the entire month.

But revenue this year went from $159,800 in February to $571,486 in March, an increase of 257%.

In online table games, Delaware saw $9,768,441.52 played in March, according to the state report. That was more than double the February total of $4,697,302.48. The state also saw a $54,000 increase in March revenue from the games. Video lottery play was $6,582,091.31 in March, an increase of 27.4% over February’s $5,167,471.03. In total iGaming, Delaware saw $16,350,532.83 played in March, a 65.7% increase over February’s $9,864,773.51.

Delaware is one of four states — New Jersey, Pennsylvania and Nevada are the others — that have online gaming options besides sports betting. Online casino gaming is legal in Delaware, New Jersey and Pennsylvania, and online poker sites are legal in those three and Nevada.

A stay-at-home order is in place until May 15 or until the state determines that the "public health threat is eliminated." Delaware Park's casino closed indefinitely beginning March 16 and the other two racinos in the state, Dover Downs and Harrington, have closed.

Delaware Sports Betting March vs. Feb.

March 2020 Feb. 2020Change
Total Handle$3.877M$7.031M-44.9%
Total Revenue$571,486$159,800+257%

Delaware Park Leads The Way

Not surprisingly, Delaware Park, which is closest to Wilmington, the state’s biggest city, and not far from the Maryland border, led the three casinos with a total handle of $2,311,729. That amounted to $340,110 in revenue, according to the state sports betting report. The handle was down significantly from February, but the revenue earned in March was up.

Harrington Raceway had the second-highest handle with $834,824 in bets and earned the second-highest revenue, reporting $125,889 in revenue last month. Again, the handle was down sharply from February, but the revenue earned saw a big increase.

Dover Downs took $730,515 in total handle, which resulted in leading to $105,487 in revenue. It followed the trend of Delaware Park and Harrington with lower handle figures, but higher revenue numbers from February.

Delaware Sports Betting March 2020 vs. March 2019

March 2020March 2019Change
Total Handle$3.877M$10.5M-171%
Total Revenue$571,486$1.6M-180%

No Mobile Betting In Delaware

Delaware still has not added mobile betting. Delaware, albeit one of the smaller states, doesn’t have a mobile market like the ones in neighbor states Pennsylvania and New Jersey. Delaware saw just $12.5 million in sports gambling revenue in 2019 -- that’s usually not even a good month for Pennsylvania and New Jersey.

Top New Jersey sportsbooks reported more than $13 million in revenue in March and Pennsylvania was around $6.9 million last month even with sports shut down for half of the month.

There will likely be more competition and more pressure for Delaware to look at mobile betting with Maryland set to join the market. The bordering state approved a sports betting bill that heads to a referendum vote in November. If you need more proof of mobile sports betting's value, New Jersey and Pennsylvania had more than 89% of their bets placed via mobile last month.

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