Delaware iGaming Soars 54% to $244k in AugustSeptember 20, 2016 10:42 am
In August, Delaware’s online gambling market generated $244,387 in revenues, representing a huge $85,400 or 54% increase compared to the same month in 2015. Traditionally, online gambling suffers waning interest during the summer months, but Delaware seems to be bucking the trend, and its latest results follow a record-breaking June in which revenues reached $304,874, and an impressive July in which business rose by 139% to $281,000.
All three online operators in Delaware reported impressive double-digit growth in August. Leading The First State’s online gambling market in last month was Delaware Park, whose revenues jumped by 65% to $130,501; followed by Dover Downs up 83% to $95,268; and Harrington higher by 54% to $43,229 year-on-year. August also saw 306 new players register for online gambling accounts.
Amongst all the positive news, online poker failed to gain any traction with its year-over-year revenues slipping by $2,093 or 7% to just $29,155. That figure is the lowest monthly tally posted since February of this year, and comes despite the state entering into an online poker interstate compact with Nevada in March 2015. According to the latest stats on PokerScout, both states currently show a combined 160 cash game players over a 7-day period, compared to the country’s other regulated state of New Jersey with 285 players over the same period.
Needless to say, Delaware/Nevada would welcome the opportunity to extend their iPoker compact to New Jersey, a state with 5.1 million more residents than the other two combined. Moreover, New Jersey’s online poker market is currently up by 11% compared to the first eight months of 2015, with iGaming as a whole also up by 32%. However, New Jersey has so far shown a reluctance to share its players with another state.
New Jersey’s iPoker market was given a 30% boost earlier this year after PokerStars launched its product in the Garden State, and in August, PokerStars continued to dominate the market with revenues of $865,150, followed by WSOP.com/888 ($699,500), and Borgata/PartyPoker, ($608,800). According to PokerScout, however, WSOP.com/888 currently leads the state in terms of iPoker traffic with 130 cash players, followed by PokerStars with 90 players, and Borgata/PartyPoker with just 65.