News Delaware Online Gaming Thriving

Delaware Online Gaming Thriving

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The US state of Delaware is continuing to enjoy an online gaming boom, according to figures released this month. 

The numbers show that revenue generated by online gaming within the state rose to a yearly high of $384,830 in the month of September, a figure that was achieved despite a drop in overall customer gambling spend.  

The September figure for revenue easily surpassed the previous record for one month, of $313,648, which was set in May and is only the second time this year that revenue has passed $300,000, despite the fact that the iGaming player spend dropped from $12.5 in August to $11.8.  

Table gaming provided to be the leading source of revenue among online gaming through September, with players wagering $7.9 million and operators banking over $170,000 in revenue, with video lottery gaming making up the majority of operator income at $192,000 from $3.9 million wagered.  

The majority of iGaming wagers came at popular horse racing and casino destination Delaware Park, with $7.1 million taken in online gambling, but Dover Downs Hotel and Racetrack recorded the highest revenue total for iGaming, claiming £198,374, while the other venue licensed to offer iGaming in the state, Harrington Raceway, recorded revenue of $60,000.  

Delaware has one of the oldest gambling industries in the US, dating back to 1727 and gambling on horse racing has been regulated since 1933. The state was also the first outside Nevada to institute single game sports betting, launching its regulated market in the summer of 2018, shortly after the US Supreme Court had overturned the 1992 PASPA Act which had banned sports betting.  

And as the latest figures show, the state is reaping the revenue rewards for leading the way on most forms of gambling. To the end of September, state revenue for iGaming was $2.68 million, with punters in the state having wagered $96.5 million.  

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