Delaware Sports Betting Handle Drops Year Over Year In January

• The January 2022 Delaware betting handle is down 28.2% compared to 2021.
• January 2022 in Delaware reported an $8.4 million sports betting handle.

DOVER, Del. – While sports betting has taken the United States by storm, the Blue Hen State, Delaware, has reported a decrease in their January 2022 sports betting handle compared to their January 2021 handle.

Legal sports betting has been alive and strong in Delaware since 2018 after the Professional and Amateur Sports Protection Act was repealed. Since then, its residents have been taking full advantage of the opportunities to bet on their favorite sports.

Trending Downwards

Although Delaware sports betting has been a popular topic, the state saw some concerning numbers in January 2022 compared to January 2021.

Their sports betting handle in January 2021 came in at a solid $11.7 million which was their second-highest monthly handle in 2021. However, January 2022 came around with a 28.2% drop to an $8.4 million handle.

As for their revenue numbers, they saw a horrendous drop from January 2021 as well. Last January, they reported $1.7 million in revenue while that number dropped a whopping 55.6% to $765,092 in January 2022. There is some light to their January 2022 revenue total being that it spiked from December 2021’s $296,809 revenue, a 157.8% increase.

Delaware does not have statewide regulated mobile sports betting, which could directly be viewed as a reason for the decline. Other markets like the neighboring New Jersey and Pennsylvania have reported all-time highs in betting handle and sports betting revenue in January and more than 90% of their wagers come from betting apps.

New York recently added mobile betting in January and they set the single month record for any US state with over $1.6 billion in wagers.

Numbers Across The State

The leading sports betting operator in Delaware in January 2022 was Delaware Park in Wilmington. They posted a $4.2 million betting handle and revenue numbers of $391,335. Dover Downs in the capital saw $214,703 in revenue from a $2.3 million handle. The Harrington Raceway in Harrington had a $1.8 million betting handle and just $159,054 in revenue.

News tags: Delaware sports betting | Delaware Sports Betting Handle | Delaware Sports Betting Revenue