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Delaware iGaming revenue up despite lower spending


Revenue from the regulated Delaware online gaming market improved year-on-year in July, despite players spending almost $10m less than in the same month last year.

Net revenue in July totalled $288,675 (£239,273/€258,920), up from $248,240 last year. This also represented a significant improvement on the $257,26 generated in June 2019, the lowest total of the year to date.

However, player spending was down significantly year-on-year, with the amount wagered online in July of this year standing at $7.92m, compared to $17.92m in 2018. Player winnings were also down from $17.7m to $7.66m.

Delaware Park remained just out ahead in terms of revenue generated, posting $114,707 in July, down from $119,953 last year.

Players spent a total of $2.4m at the venue, winning $2.3m in the process – down from a spend of $15.1m and $15.0m in winnings in the previous year.

However, Dover Downs significantly closed the gap on Delaware Park in July, with its revenue just behind on $110,230, up 62.3% from July 2018.

Dover Downs remained the venue of choice for punters, with consumer spend at $3.9m and winnings of $3.8m, compared to the $1.5m wagered and $1.4m won last year

Harrington Raceway also saw its revenue rise from $60,658 last year to $63,738, while player spending climbed from $1.3m to $1.6m. Winnings for the month amounted to $1.5m, compared to $1.2m last year.

Total revenue for the seven months to 31 July stands at $1.99m, while overall player spending in the period totalled $71.5m.