Delaware iGaming market hits new high in September

Delaware iGaming market hits new high in September

Wednesday, October 17, 2018 Posted by News Team
Delaware
Market reports highest-ever revenue despite decline in stakes

Delaware’s online gaming market enjoyed a particularly successful September, with revenue of $337,012 setting a new monthly record.

Revenue almost doubled year-on-year, driven primarily by strong returns from online video lottery terminals, which accounted for $213,666 of the total. 

Table games contributed a further $101,882, despite seeing player stakes plummet 59% from September 2017 to $4.0m, while poker rake and fees rose to $21,464. 

Total stakes placed during the month were down 42% year-on-year at $7.6m, while amounts won by players dropped 44% to $7.3m.

Looking at the state’s trio of licensed iGaming operators, Delaware Park re-established itself as the leading company in terms of revenue, having been overtaken by Dover Downs in August.

Over the month Delaware Park generated revenue of $171,480, up 96% from September 2017, with $109,298 coming from video lottery, and a further $50,983 coming from table games. The final came from poker rake and fees. 

Dover Downs, meanwhile, generated revenue of $127,560 for the month. Harrington Raceway lagged behind its peers with total revenue of $37,972, though this represented a 91% year-on-year increase. 

Over the month 412 new players registered for iGaming accounts, down from 970 new registrations in August 2018. Dover Downs accounted for the most (169) followed by 166 for Delaware Park, with Harrington again bringing up the rear with 77 new registrations.

Latest
Finance

JPJ Group sees Jackpotjoy decline offset by Vera&John growth in Q3

Money

Stride Gaming subsidiary hit with £7.1m UKGC penalty

France

Stellar showing from sports betting drives French market growth

Casino

Swiss Casinos selects Playtech for online launch

Gaming Products & Services Directory

The essential directory for the gaming industry