Delaware Maintains Steady Sports Betting Handle in January
Delaware began 2021 on almost the same sports betting handle pace as it ended 2020.
The Delaware sports betting handle in January was $15.6 millon, with $11.7 million recorded at the state’s three retail sportsbooks and $3.98 million from the combined total of 102 sports lottery retailers. That was down just 0.3%, or a drop of about $47,000, from December’s $15.7 million total.
But a year-over-year comparison in Delaware was much more favorable, as January’s total was 39.9% higher than the same month in 2020 ($11.2 million). A lack of mobile sports betting continues to hamper the state, especially because the large number of top Pennsylvania sportsbooks are nearby; Delaware residents only have to cross the border to take advantage.
The total revenue in January was $2.5 million ($1.7 million from sportsbooks, $766,681 from sports lottery retailers), which represented a 19.6% decrease from December ($3.1 million). But again, it was a sharp 24% rise from January 2020, when it was just under $ 2million ($1,995,980).
Delaware Sports Betting, January vs December
|Change||Down 0.3%||Down 19.6%|
Note: There is no mobile sports betting in Delaware.
The three retail facilities at race tracks, or racinos, are at Dover Downs, Harrington and Delaware Park. Delaware Park led the way in both handle ($6.76 million) and revenue (nearly $1 million) for January.
Delaware iGaming Gains More Ground
The Delaware iGaming figures provided the state a boost in both month-over-month and year-over year comparisons.
January’s iGaming handle in the nation’s first state was $21.1 million, up 20.6% from December ($17.5 million) and more than double from January 2020 ($10.2 million). The revenue was not up quite as sharply but the $738,525 was up 5.7% from December ($698,477) and 90.4% from January 2020 ($387,865).
The figures are not quite back up to their peak from summer 2020. In the midst of the coronavirus pandemic, iGaming topped $20 million for the first time in state history in April 2020, then when on to top that figure the next three months after that as well.
Those iGaming revenues include one of the nation’s few online poker markets. In addition to Delaware, only Pennsylvania, New Jersey, Nevada and (as of January) Michigan offer online poker.
U.S. Sports Betting Market Should Top $4 Billion in January
The legal U.S. sports betting market should record its first $4 billion month ever in January. Illinois will not report January numbers until mid March. Including Delaware, the nation’s total sports betting handle for January is about $3.67 billion so far.
Illinois reported more than $400 million in handle for each of the last three months in 2020 so even an average month there would push the national total past $4 billion.
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