News Business Online Gaming Thriving in Delaware

Online Gaming Thriving in Delaware

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Online betting appears to be thriving in the US state of Delaware according to figures released last week. The stats show that online gaming grew by 18.3% compared to the February 2019 figure, to a new level of $324,958, and all three of the state’s regulated operators reported increased revenue.

The February figure was down on the $387,865 recorded in January, and player spending was also down to $9.9 million, but on a year-on-year calculation, wagers rose by 9.3%.

Video lottery games were the big earners, bringing in $210,695 in revenue during February, and table games earned $83,392 for operators. In addition, another $30,871 was produced by poker gaming.

Among the regulated operators, Delaware Park continued to lead the way, earning $122,590 in revenue from a total of $4.1 million in wagers during February. Dover Downs was a close second, earning $117,262, while Harrington Raceway came in third with $85,105. And the totals for the year to date, to the end of last month showed that total revenue in Delaware came to $712,823, which is a rise of 28.6% from $554,233 recorded at the same time last year.

Delaware was the first of the states in the US to respond to the legalisation of the US betting industry following the striking down of the PASPA Act in May 2018. In fact, the Delaware sports betting sector was launched ahead of that of New Jersey, which had been prominent in bringing the legal action that led to the change in the federal rules on sports betting.

Since then, a number of other neighbouring states have added their own sports betting sectors, namely in New Jersey and Pennsylvania, but DC, Maryland and Virginia have yet to bring in regulation, and that has meant many sports betting fans crossing the border into Delaware in order to bet on their favourite sports, a factor that has provided a boost to the state’s fledgling industry.

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