April Revenue Insights
DOVER, DE, July 20, 2025
Delaware’s sports betting market continues its steady upward trend, with April 2025 figures showing solid growth in both handle and state tax revenue. Though small in size and restricted to a single operator, the state’s model appears to be working, at least on a per-capita basis.
With $18.2 million in total wagers placed during April, Delaware recorded a 17.3% increase over April 2024, and a fivefold jump compared to April 2023. Gross Gaming Revenue (GGR) also rose year-over-year, while the state's hold percentage held steady at just over 6.7%.
Since launching online betting exclusively through BetRivers, Delaware has pursued a unique, tightly controlled model regulated by the Delaware Lottery Office. While the state hasn’t introduced a competitive marketplace like New Jersey or Pennsylvania, its conservative strategy is generating consistent returns, without the turbulence seen in newer markets.
The modest rise in handle and tax contributions, despite the lack of multiple sportsbooks or high-profile promotions, reflects increasing user engagement and a maturing betting audience. April 2025 brought $634,323 in tax revenue, up from $541,989 the previous April and more than triple the $202,968 collected in April 2023.
April Sports Betting Revenue in DE (2023–2025)
| Year | Handle | GGR | Hold % | Tax Revenue |
|---|---|---|---|---|
| 2025 | $18,213,653 | $1,220,504 | 6.70% | $634,323 |
| 2024 | $15,522,996 | $1,014,907 | 6.54% | $541,989 |
| 2023 | $3,450,142 | $374,568 | 10.86% | $202,968 |
The growth trend is even more significant when considering that Delaware operates without flashy mobile apps, celebrity ambassadors, or cross-platform promotions. The state’s retail-first model, with a single digital operator in BetRivers, appears to be resonating with a consistent base of bettors, many of whom place wagers at physical sportsbook locations inside Delaware’s three casinos.
Still, the potential for further growth hinges on modernization. Neighboring states with open-market mobile betting ecosystems are seeing faster handle growth and more dynamic engagement. Industry analysts suggest that while Delaware’s controlled model brings stability, it may limit upside potential if surrounding states continue to innovate.
Whether or not lawmakers opt to expand beyond a single-operator system in the future, the April numbers suggest that Delaware’s current approach is at least delivering incremental value. For a state with just under a million residents and a limited marketing push, generating over $18 million in monthly wagers is no small feat.
