Delaware Sportsbooks Struggle

Delaware’s sportsbooks continued to struggle in August, with wagers on sports topping 42 percent year on year, despite a monthly increase.

Delaware Sportsbooks Struggle

Delaware’s sportsbooks had another month of decline in August, with amounts wagered dropping 42 percent year-on-year.

Delaware Park, Dover Downs and Harrington Raceway took just $4.4 million in sports lottery wagers, down from $7.7 million registered in August 2018, according to figures released by the Delaware Lottery.

Despite the year-on-year drop, the figure for the month ended August 25 was up by around $500,000 over July’s $3.9 million, which was the worst month in terms of handle since sports betting was introduced in June 2018.

Revenue compared to handle remained high, with the three sportsbooks keeping $505,006 (11.4 percent) of the amount wagered. This revenue figure, however, represented a 28.5 percent decline compared to August 2018.