Delaware Sportsbook Handle Slows As Year Ends
Delaware has had a good 2020, where sports betting is concerned. Even though the gambling industry was put to halt for a few months, the recovery is the industry was still pretty good, given the circumstances. And Delaware while Delaware’s recovery is a slow and steady increase in terms of betting handle and revenue, a slight bump slows it down in December. Let’s take a look at the Delaware sportsbook handle in the last part of 2020.
First, let’s take a look at the handle in November. The betting handle for the month of November in Delaware is $19.5 million. It is 14.2% higher than October’s $17.1 million. If you were to consult a bookie revenue calendar, you would see that around this time of the year, activity slows down a little. But revenue for the month is still good at $5.9 million, which is 69.4% higher than October’s $3.5 million.
Delaware Sportsbook Handle for December
Now we take a look at the numbers for December. The December handle is $15.697. it is 19.5% lower than the previous month. Its revenue is at $3.1 million, 47.5% lower than the November revenue. While many sportsbook pay per head bookies feel a slight decline, there are more issues for retail sportsbooks. Especially during the holiday season as COVID-19 concerns have prompted authorities to shut public places down again.
Of course, the pandemic does affect the sports betting industry, and many were having a hard time during the first couple of months. You can see this in Delaware’s numbers as their handle for the year is lower than 2019. The 2020 total sports betting handle for Delaware is $90.2 million. The 2020 revenue totals $17.1 million. Delaware’s betting handle for 2019 is $135.2 million, with a $19.6 million revenue. But these are acceptable numbers, again, due to the pandemic. But with the way the sports world is pushing through, and sportsbooks adapting to the need for remote gambling, industry experts are looking at a better year in 2021. Even for those who want to get in the business, there are a lot of ways that are quite affordable. There is a bookie guide to a good sportsbook to help you get started. Learning about the betting industry is always a good thing, especially if you are inclined to build your very own online sportsbook.