Delaware iPoker Revenues Fall 19% To $39,245 In May

Delaware iPoker Revenues Fall 19% To $39,245 In MaySince February this year, Delaware’s online poker market has been enjoying an upswing returning four months of double digit revenue growth, but the latest results from the Delaware Lottery has taken some of the sheen of the the state’s latest run, with revenues having tumbled by 19% to $39,245 in May compared to the $48,552 generated in April. Furthermore, iPoker revenues were down a huge 31.7% compared to the $57,470 collected in the same month last year.
In fact, only one of Delaware’s three online operations managed to buck the trend in May by producing positive growth, namely Harrington Raceway, although the 14.6% increase in poker business was less impressive when one considers revenues were up from a mere $3,286 in April to $3,765 in May. Alternatively, Delaware Park saw its revenues tumble by 15.4% to $29,267 compared to the $34,590 collected in April, while Dover Downs reported a huge 40.8% drop in revenues to $6,212 from the $10,675 taken the previous month.
All this comes despite the fact a couple of months back Delaware combined its poker player liquidity with Nevada, suggesting the novelty of the two states’ interstate compact may finally have worn off. In addition, a drop off in traffic is traditionally noted during the warmer summer months.
When online poker, casino games and video lottery revenues are combined, however, the Diamond State saw its overall online gambling market grow slightly by 1.2% to $133,697 in May, compared to the $132,154 generated in April. Leading the way in terms of growth was Dover Downs up 12.3% to $39,620 month-over-month, followed by Delaware Park up 6.8% to $68,667. Harrington Raceway, on the other hand, reported a 26.4% dip in online gambling revenues to $20,759 from the $28,190 taken in the previous month.
Finally, the number of players signing up for new accounts in May totaled 318, the second largest figure since 396 players registered online in September 2014.

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