The Delaware sports betting handle for January is at pace with its performance towards the end of 2021. Slow and steady, the handle for the month is at $15.6 million. While it is lower than December 2020’s, its only by 0.3%, roughly around $47,000. As noted in various pay per head blog sites, Delaware’s sports betting market is quite small, with only three retail sportsbook, and about a hundred sports lottery retailers.
Despite the slight slump in handle, the year-on-year numbers are good for the state. January 2020 had a handle of $11.2 million. It shows a good 39.9% increase in betting handle. The revenue for the state for the month is at $2.5 million. It is 19.6% lower than that of December’s $2.1 million, but 24% higher than January 2020’s $1.99 million.
Delaware Sports Betting
Of course, many bookie pay per head experts believe that the numbers will be higher if the state will allow online and mobile sports betting. As mentioned earlier, betting facilities are limited to sports betting lottery shops, and just three retail sportsbooks. iGaming has online poker, but there are no online sportsbooks that could be taking in millions in wagers. Given the pandemic is still ongoing, casinos and sportsbooks are limiting the number of customers they can take in at any given time. This contributes to the low number of wagers in the state.
It is more obvious when we see the big picture- the US can reach $4 billion in handle for January alone. Out of the $4 billion, Delaware only has $15 million. Online sports betting is available in the states who are on the top ranks in this list. As many who use pay per head bookie software would know, sports betting thrives in an online market. Hopefully numbers from nearby states would inspire Delaware legislators to consider expanding their betting market.