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Delaware igaming revenue slips to year-low in October


Online gambling revenue in Delaware fell to $246,092 in October – the lowest monthly total of the year to date – primarily due to a sharp month-on-month decline in revenue at Dover Downs.

Total market revenue was down 36.1% from $384,830 in September, which was incidentally the highest monthly total so far in 2019. Consumers spent $9.4m on igaming in October, down from $11.8m in September.

Video lottery was the primary source of revenue for the market’s three licensed operators, accounting for $184,224 of the total.

Table games followed on $40,428, but this was significantly lower than $171,156 in September. Poker rake and fee revenue was relatively level month-on-month at $21,439.

Players won a total of $9.6m, including $6.4m from table games and $3.2m from video lottery.

Delaware Park was the market leader in October, recording $126,126 in revenue, only slightly down on the previous month. This was despite players spending much less, with the venue’s handle more than halving from $7.0m in September to $3.4m.

Harrington Raceway followed with revenue of $77,171 for the month off total consumer spending of $1.1m. This was up from $60,043 in revenue and a handle of $957,009 in the previous month.

However, Dover Downs slipped from first place in September to last in October, mainly due to it posting a $6,726 loss for its online table games, compared to $119,648 in revenue in the previous month. Total revenue at the venue came in at $42,795 – compared to $198,374 in September – but customer stakes were up from $4.8m to $5.3m.

For the year to the end of October, total igaming revenue for Delaware stood at $2.93m, with consumers having spent $106.3m in the process.

Image: MPD01605