Revenues from sports betting in Delaware, which last spring became the fist state outside of Nevada with legal sports books, saw one o0f their strongest months in November.
According to figures released by the Delaware Lottery, net proceeds raised from sports betting for the month were up 151 percent month-on-month, aided by an 11 percent increase in handle to $16.4 million. After player winnings of $15.1 million and vendor fees of $160,711, the state generated revenue of $1.1 million from the sports books.
The vast majority of revenue was generated through Delaware Park, with the venue’s revenue of $805,285 accounting for 72 percent of the total. Delaware Park also accounted for the bulk of wagers.
For the year to date, Delaware has generated $6.8 million from sports betting since the first bets were placed on June 24, with players wagering $70.9 million and winning $63.2 million.
