Delaware’s Sports Betting and iGaming Revenue Soar in December

This remarkable 50% increase from the same period in 2022 and a 264.1% surge from November 2023’s figures illustrate the growing popularity of sports betting in the state.

Handle Demonstrates Player Engagement

The total handle for December stood at $5.8 million, a 7.3% rise compared to the previous year. This figure also outperformed November’s $8.1 million handle by 8.6%, indicating a steady increase in player engagement. Delaware Park led in revenue generation with $302,801 from a $2.1 million handle, followed by Bally’s Dover and Harrington Raceway.

December marked a significant milestone with the launch of Delaware’s first online sportsbook. Operated by Rush Street Interactive (RSI) and BetRivers, the sportsbook had a soft launch on December 27 before going fully live a week later. This addition is expected to further bolster the state’s sports betting market.

iGaming Market Remains Steady

In the realm of online casino gaming, Delaware reported a revenue of $1.2 million in December, consistent with the same month in 2022. The revenue breakdown shows video lottery leading, followed by table games and poker. However, the igaming handle experienced a decline, with $31.3 million wagered in December, marking a decrease from both the previous year and November 2023.

Delaware Park, Bally’s Dover, and Harrington Raceway showed varying performances in the igaming sector. Delaware Park’s revenue from a $17.6 million handle was noteworthy, followed closely by Bally’s Dover and Harrington.

Our Comment on the Article

The December figures for Delaware’s sports betting and igaming sectors paint a promising picture of growth and potential. The introduction of the state’s first online sportsbook by BetRivers is particularly significant, signaling a new era in digital gaming in Delaware. This diversification in gaming options, coupled with the steady performance of the igaming sector, positions Delaware as a robust market in the US gaming industry.

As Delaware continues to evolve in its gaming offerings, it will be essential to monitor how these developments impact the broader market dynamics, player behaviors, and regulatory landscape. The state’s ability to adapt to these changes while ensuring responsible gaming practices will be crucial in sustaining this growth trajectory and maintaining a balanced and vibrant gaming ecosystem.