Delaware Online Gambling Had The Best Month Of The Year In September

Delaware Online Gambling Had The Best Month Of The Year In September

The online gambling industry in Delaware had its best month of the year in September so far. The online gambling market posted record revenue of $384,830 (£304,563/€349,161) in September.

The increase in revenue came despite a decline in consumer spending on a month-on-month basis. Before September, Delaware’s online gambling market had grossed the highest revenue back in May. In May Delaware casinos posted total revenue of $313,648. Moreover, since May it is September was just the second month the online gambling revenues crossed the $300,000

The strong revenues in September came even after the consumer spending dropped from $12.5m in August to $11.8m.
Table games saw most wagers with a total betting of $7.9m and operators taking $171,156 in revenue. Video Lottery got casinos $192,750 in revenue and had $3.9m in bets.

Delaware has also been amongst the early adopters of the legalized sports betting in the US along with Nevada, Mississippi, West Virginia, Rhode Island, and Pennsylvania.

Last year in May, the Supreme Court struck down the Professional and Amateur Sports Protection Act (PASPA).

Analysts and experts of the sports betting and gambling industry estimate the illegal sports gambling market in the US to be around $150 billion. The legal sports betting handles represent only 7 percent.

However, with more and more US states launching sports betting, the legal Sports betting handle is expected to grow significantly in 2019.

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