Delaware saw a 7% drop in sports wagering as the state is now surrounded by online sports wagering opportunities.
The Delaware Lottery announced record revenues of $825.2 million in Fiscal Year 2022, but one area of decline was in sports wagering, which dropped $7.3 million to $109.5 million.
An increase in sports betting venues in other states was used as the excuse according to their annual report, as Delaware has seen additional competition since becoming the first state after Nevada to allow single-game wagering back in 2018.
New Jersey, Pennsylvania, and most-recently Maryland have all taken a different approach, allowing in-person and virtual wagering.
