Delaware bucks trend as online gaming revenue jumps in November

Delaware bucks trend as online gaming revenue jumps in November

Friday, December 19, 2014 Totally Gaming

The Delaware Lottery has revealed that despite Nevada and New Jersey having suffered losses in their respective online gaming markets in November, Delaware has been able to buck the trend by posting significant month-on-month growth.

The US state generated $184,898 (€150,532) in online gaming revenue last month. This is much higher than the $130,469 posted in October, which proved to be the second least successful month since internet gambling was regulated in the state late last year.

The November total ranks as the fourth-highest monthly revenue total since the launch of a regulated internet gambling service in the state. However, it does fall some way short of the record monthly total of $240,762 that was set in December 2013.

In a further boost for the state, online poker activities in Delaware were also up in November. Revenue generated from online poker last month amounted to $32,814, which represents growth of around 15 percent when compared to the $28,465 collected in October, but is some way off the record $106,922 collected in December 2013.

Delaware Park is the clear market-leader in terms of online gaming in Delaware, boasting a two-thirds market share and $122,894 in revenue in November, an amount that is not far behind total internet gambling revenue generated in October.

Dover Downs and Harrington Raceway, the only other two facilities that offer online gaming in the state, collected $31,421 and $30,582 respectively last month.

The latest monthly total also represents significant year-on-year growth when compared to the same month last year. In November 2013, operators in the state were only able to post $111,387, which incidentally is the lowest monthly total achieved by the Delaware online gaming sector.

The November total bucks the trend of other online gaming-regulated states of Nevada and New Jersey, both of which suffered losses in November. 

New Jersey saw revenue from internet gambling activities drop from $9.5m in October to $8.7m last month, while Nevada reported its lowest monthly total of the year in terms of online poker revenue, which amounted to just $650,000 in October. However, both New Jersey and Nevada are some way ahead of Delaware in terms of total revenue generated from online gaming.

Latest
No alternative text provided

FanDuel’s shareholders take equity slice after failed merger

No alternative text provided

M&A effective Catena Media delivers H1 revenue boost

No alternative text provided

Aspire to be different: Provider launches progressive jackpot slot

No alternative text provided

Making the Pragmatic move: Supplier gains Danish approval

Gaming Products & Services Directory

The essential directory for the gaming industry