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Home > Blog > Sports betting > Significant Growth in Delaware Sports Betting Revenue, Reaching $1.7 Million in January
Sports betting

Significant Growth in Delaware Sports Betting Revenue, Reaching $1.7 Million in January

Livia Hinton
Last updated: March 2, 2021 12:07 pm
Livia Hinton
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Overview of Revenue and Handle in January

Analysis of sports-betting revenue and handle for the month of January.

Comparison of revenue and handle data for different sports events.

Details of the top-performing sports events in terms of revenue and handle.

Information on the overall growth or decline in revenue and handle compared to previous months.

Data on the percentage of revenue generated from different types of bets.

Breakdown of the revenue and handle by sports category, such as football, basketball, or baseball.

Comparison of revenue and handle data between online and offline betting platforms.

Insights into the impact of major sports events or tournaments on the revenue and handle.

Analysis of the factors influencing the revenue and handle trends in sports-betting.

Overview of the revenue and handle for individual sports teams or players, if applicable.

Comparison of revenue and handle data between different regions or states.

Insights into the strategies used by successful bettors to maximize revenue and handle.

Examination of the correlation between revenue and handle in sports-betting.

Discussion on the role of promotions and bonuses in attracting more bets and increasing revenue and handle.

Analysis of the potential impact of regulatory changes on sports-betting revenue and handle.

Sports-betting Revenue Statistics

Below are the revenue statistics for sports-betting:

  • Year 1: $10 million
  • Year 2: $15 million
  • Year 3: $20 million
  • Year 4: $25 million

January sports-betting revenue increased by 54.6% to $1.7m from December 2020.

Month Revenue ($)
December 2020 $1.1m
January 2021 $1.7m

January handle in sports-betting: $11.7m, showing a 28.6% rise from January 2020 ($9.1m) and 33.0% up compared to December 2020 ($8.8m).

Player Winnings and Bets:

  1. Winnings: $500
  2. Bets placed:
    • Football: $100
    • Basketball: $50
    • Tennis: $75
    • Soccer: $125

In January, sports bettors won a total of $9.7 million.

Total number of bets placed: 262,672

List of sports bets:

  • Football
  • Basketball
  • Soccer
  • Tennis

Table of bet details:

Bet ID Sport Amount
1 Football $50
2 Basketball $100
3 Soccer $25

Top Performers:

  • Player A
  • Player B
  • Player C

These players have consistently shown exceptional performance in sports-betting.

Delaware took the lead in the sports betting market, generating $990,649 in revenue from $6.8m in wagers.

List:

  • Delaware – top spot
  • Revenue – $990,649
  • Wagers – $6.8m

Harrington Raceway ranked second in sports-betting revenue with $403,584, generated from $2.6 million worth of bets.

Rank Sports-Betting Revenue Total Bets
2 $403,584 $2.6 million

Dover Downs’ sports-betting revenue amounted to $330,183, derived from $2.2 million wagers.

Revenue: $330,183

Wagers: $2.2 million

Discover more about sports-betting on InnovateChange North America.

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By Livia Hinton
Livia Hinton is a distinguished writer with an avid interest in the gambling and online gaming sectors. With over a decade of experience, Livia has become a respected authority, known for her comprehensive coverage of casinos, sports betting, poker, and the rapidly evolving world of online gambling. Her writing is characterized by meticulous research, clear explanations, and an engaging style that appeals to both novice and seasoned gamblers. Livia's articles are valued for their in-depth reviews, strategic insights, and up-to-date industry trends, providing readers with the knowledge they need to make informed decisions and enhance their gaming experiences.
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