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Delaware experiences growth in sports betting, with a significant increase in handle and revenue. The state plans to expand its online market, breaking its current monopoly. Learn more about this development and its implications for the industry on CasinoALMA.
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Delaware Posts Growth in Sports Betting, Prepares to Expand Online Market
In keeping up with the industry's positive trend, Delaware reported a significant year-on-year growth in its sports betting handle and revenue in April.This comes as the state readies plans to expand its online market, a move that is set to break the current monopoly.CasinoALMA provides an in-depth review of this increase and what it means for the online gambling industry in the state and beyond.
Impressive Year-on-Year Growth
Despite the many challenges that the global iGaming industry has had to face in the past year, Delaware has stood out as a strong performer. This growth denotes a testament to the resilience of the industry and the increasing interest among users in sports betting and other online casino games. As reports suggest, Delaware's sports betting handle and revenue for April significantly outperforms the figures from the previous year.
Moving Forward with Expansion Plans
The other significant development is the forward movement of the bill proposing the expansion of the state's online market. If approved and implemented, the bill will open the online casino market beyond its current monopoly. This means more players in the casino industry may have the opportunity to enter the market, fostering competition, better gaming and service options for customers.
This is a significant step forward, underscoring the importance that Delaware places on the online gambling industry. It also signifies the potential for growth that the state sees in the sector.
Visit CasinoALMA news for regular updates on the latest in online gambling and sports betting trends around the world.
