Delaware iGaming Revenues Steady At $182,664 in NovemberDecember 24, 2015 5:30 pm
In September and October 2015, Delaware’s online poker market recorded revenues of $24,523 and $24,030 respectively, marking the state’s lowest totals since legalization was first introduced in November 2013. Fortunately, November’s results halted the worrying trend, with $28,985 in iPoker revenues generated for the month.
Leading the market in terms of revenues was Delaware Park ($19,589), followed by Dover Downs ($5,988), and Harrington Raceway ($3,407). While representing somewhat of a rebound for The First State’s iPoker industry, November’s tally was still 8.3% lower compared to the $31,610 that was collected in the same month last year.
Once online casinos ($55,105), video lottery ($98,573), and poker ($28,985) revenues are combined, the state generated a total of $182,664 in November. From that tally, online casinos were up by 11.6% compared to October, while video lottery saw its revenues dive by 10% from the record high reported in October of $109,557.
Delaware also saw 381 new players signup for online gambling accounts in November. That figure was 12.2% lower than October’s tally of 434, but the drop was not too troubling considering the signups in November were still the second biggest total of the year so far. Reporting the lion’s share of new online customers last month was Dover Downs (172), followed by Delaware Park (145), and then Harrington Raceway (64).
In November, video lottery games accounted for 54% of overall iGaming revenues, and online casinos commanded a 30% share of the market, while for iPoker that figure was just 16%.
This year, Delaware and Nevada finally enacted their interstate poker compact, but unfortunately their combined player pool still appears too low to support a viable, healthy ecosystem. According to PokerScout, they currently have an average cash game traffic of around 160 players compared to almost double that figure for New Jersey. Industry analysts, however, are hoping that after PokerStars enters the Garden State’s iPoker market in 2016, prospects may improve for all three regulated states to eventually combine their players in order to produce a more attractive overall iPoker offering.