Online Sports Betting In Delaware
Revenue results are in
- Delaware Sports Betting Parlay Cards
- Sports Betting In Montana
- Online Sports Betting In Delaware State
- Online Sports Betting In Delaware Maryland
Gaming authorities in New York, Delaware, and Michigan have reported the states’ December and full-year gaming revenue figures for 2020.
The Empire State’s sports betting revenue for the nine months to December totalled $8.8m.”
For December, New York saw sports betting revenue increase by 211% year-on-year to $2.3m. The Empire State’s sports betting revenue for the nine months to December totaled $8.8m.
Meanwhile, Delaware saw December online gaming revenue more than double from 2019 levels to $698,477 for the period. This contributed to overall online gaming revenue of $8.4m for the full-year 2020, up 133%.
The pandemic heavily impacted Michigan’s gaming market in 2020. For the full year, Detroit’s three commercial casinos generated $639m in revenue, a significant drop of 57% from 2019. Michigan’s online sports betting and casino markets are yet to launch.
New York sports betting success
Currently, New York law permits in-person sports betting at the state’s commercial casinos. Sportsbooks first launched in July 2019. In the comparable months last year, the state’s 2020 revenue saw consistent year-on-year growth, concluding with December’s 211% increase.
According to data from the New York State Gaming Commission, Rush Street’s Rivers Casino and Resort in Schenectady saw the largest sports betting revenue figure for December. The casino generated $949,804 for the month, up 205% year-on-year. Meanwhile, coming in second, DraftKings’ sportsbook at the Del Lago Resort and Casino pulled in $922,718.
NFL betting in Delaware is a very popular activity thanks to the legal online offshore sportsbooks available to residents statewide. Some of the very best odds and wagers can be found on websites like BetOnline, MyBookie, SportsBetting, and XBET, which are all sites that are open to residents of Delaware. Delaware Online Betting Sports betting, horse racing betting, daily fantasy sports and online gambling are legal in Delaware. Delaware was the first state to take advantage of the 2018 Supreme Court decision that ended the federal sports betting prohibition.
Despite the significant increase year-on-year, New York’s December sports betting revenue fell 14% from November.
Delaware online casino revenue skyrockets
All forms of gambling are currently legal in Delaware, including online sports betting and casino wagering. According to data from the Delaware Lottery, the state’s online gaming revenue saw a significant year-on-year increase last year as December revenue more than doubled. Due in part to COVID-19 lockdowns, online casino handle rose 79% for the full year.
Delaware Park and Dover Downs were the state’s two most profitable online casinos.”
The state’s bettors are able to play on three websites owned by casinos. Delaware Park and Dover Downs were the state’s two most profitable online casinos. They generated $3.2m each for the year, up 122% and 127%, respectively. Meanwhile, Harrington Raceway contributed the remaining $2m.
The state’s 2020 sports betting performance was less positive. Full-year sports betting revenue totalled $17.1m, while handle was $90.2m. This corresponds to a year-on-year decline of 13% and 33%, respectively. All sports wagering in Delaware currently takes place in-person, with the state’s mobile market not yet launched.
Detroit casinos take a hit
The coronavirus pandemic has significantly hampered casinos in Michigan because of the lack of an online market in the state.
The Michigan Gaming Control Board reported Detroit’s 2020 casino revenue on Tuesday. As total revenue fell 57% from 2019 levels, each of the city’s three commercial casinos saw revenue decline individually. MGM Grand Detroit gaming revenue fell 59% to $257.1m for the full year, while Greektown revenue declined by 58% to $140.6m. MotorCity revenue dropped 55% to $222.7m.
For sports betting, Detroit’s casinos posted total handle of $130.8m during 2020. MGM saw total sports betting revenue of $8.2m, while MotorCity and Greektown posted revenue of $6m and $4.1m, respectively.
Detroit’s sports betting market launched in March. The state’s online sports betting and casino markets are expected to launch soon.
Delaware was the first state to launch sports betting, including single-game bets and future bets, outside of Nevada shortly after the end of PASPA.
Delaware moved forward after the court decision so quickly that it beat New Jersey – which fought the case that ended PASPA – to opening its sports betting operation. The state’s three casinos started taking bets in June 2018.
Delaware is among the small group of states that previously already had a form of legal sports betting during the PASPA era.
In 2009, the state passed a law permitting the lottery to offer expanded forms of its parlay product. Federal law stood in the way until May, when the US Supreme Court repealed PASPA and put the decision back in states’ hands.
Here are the basics about Delaware sports betting:
Delaware Sports Betting Parlay Cards
Delaware sports betting basics
Delaware has been involved in gaming and horse racing since colonial times. Today, all gambling in the state falls under the oversight of the Delaware Lottery.
In 1976, the lottery instituted a parlay system for betting on the results of multiple sporting events. The product lasted just one season, but it was enough to earn the state a partial exclusion from the federal ban more than 15 years later. The state later re-instituted parlay wagering.
That federal ban has been fully removed now, and Delaware has expanded into single-game wagering.
When will online sports betting launch in Delaware?
Sports Betting In Montana
There’s no timeline for the Delaware Lottery to launch online sports betting. Delaware residents need to travel to nearby Pennsylvania or New Jersey to legally bet on sports online.
Online sports betting is legal in the state, but so far it’s been deemed too expensive to launch.
That could all be different after the coronavirus pandemic, however. Sports betting was shut down along with the casinos in the state since there was no online option available.
Online Sports Betting In Delaware State
A lot of aspects of gaming need a fresh look after the pandemic, including mobile sports betting, Director Vernon Kirk told LSR.