Delaware's iGaming Market Peaks at $260,539 in March

US online poker seems to be on the ascendancy of late, with New Jersey posting record revenues of $15.5 million in March, in the process stringing out five consecutive monthly highs for its market. While New Jersey accounts for roughly 90% of all regulated iGaming revenues in the country, Delaware has also been making waves of its own, and last month its three online operators generated $260,539 in revenues, beating the previous state record of $240,762 set in April 2014. Furthermore, Delaware’s latest result were a massive 78% higher than the $146,188 it collected in March 2015.
Without a doubt, video lottery games is proving a driving force for the market with revenues hitting a record high of $154,794 last month, beating the previous high set in January this year of $138,391. March’s tally was also an impressive 49% higher than the $103,596 generated in February. Leading the market last month was Delaware Park with $64,642 in revenues, followed closely behind by Dover Downs ($64,487), and then Harrington ($25,665).
Likewise, online poker, too, saw its revenues improve 32% to $37,324 compared to February, with that figure also  the highest amount collected since the $39,245 taken in May 2015. Nevertheless, iPoker revenues were still 14.5% down on the $43,636 generated in March 2015, with Delaware Park ($20,447) leading the way last month, followed by Dover Downs ($15,527), and finally Harrington Raceway ($1,349).
Online casino revenues, on the other hand, came in at $68,420, lower by 30% compared to February’s tally of $97,899. All indications point to Delaware’s online casino vertical being adversely affected by a particularly favorable month for punters, though, and while Delaware Park produced iCasino revenues of $64,256 in March, Dover Downs figure came in at a paltry $6,539, and Harrington Raceway collected a mere $2,375.
For the whole of 2015, Delaware generated $1.8 million in revenues which was, 14% lower than the $2.1 million taken in 2014. Interestingly, before the First State introduced legislation it had anticipated annual revenue in excess of $5 million, or more than $400k per month, and so placed a 100% tax rate on the first $3.75 million generated from iGambling. As a result, Delaware’s three online operators have still yet to see a return on their investments since regulation was introduced in 2013.

Poker News
delaware online poker
22 Jul 2020
The record-setting online gambling revenues produced during the COVID-19 pandemic in Pennsylvania and Delaware sagged a bit in June. The Pennsylvania Gaming Control Board released the online gambling revenue report for June earlier this week. It showed a dip from the record-high numbers posted in May. In May, Pennsylvania set a new record for online
west virginia online poker
14 Mar 2019
Online gambling could soon be legal in West Virginia as long as the state’s Governor doesn’t decide to throw a last-minute wrench into the process. House Bill 2934, which would legalize all forms on online gambling in the state, including online poker and casino gaming, passed a vote in the Senate earlier this week. The
Switzerland Prepares For June 10th Legalized iGambling Referendum
04 Jun 2018
On June 10th, Switzerland will hold a national referendum to decide whether the ‘Money Gaming Act’ passed by the Swiss Parliament in September 2017 can be implemented next year in its present form. The piece of legislation paves the way for land-based casinos and local partners to offer legalized online gambling in Switzerland, although a
Spanish Online Poker Revenue Jumps 27% in Q1
03 Jun 2018
In January, Spain and France started pooling their online poker players in an attempt to revive an industry decimated by the ring-fenced policies adopted by their respective governments. If they were ever in any doubt as to the validity of their move, the results for the first three months of 2018 will certainly have allayed