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Delaware igaming revenue hits new high in May

News

The Delaware Lottery was announced that online gaming revenue in the state’s regulated market reached $1.1m in May, its highest total for 2020 to date.

The monthly figure represented a 261.8% year-on-year increase on the $313,648 generated in May of last year, as well as a rise from $856,182 in April this year.

Video lottery games remained the main source of income for the state’s three igaming licensees, with revenue amounting to $798,817. Table game revenue totalled $242,109, while poker rake and fees stood at $93,973 for the month.

Player spending on igaming was also up from $11.7m in May 2019 to $29.5m, which was also the highest amount wagered in a single month so far this year. A total of 993 new players registrations were also recorded during the month.

Delaware Park reclaimed top spot in the market for the first time since February, posting $439,605 in revenue for the month, up 243.6% from $127,932 last year. Player wagers also hiked 298.7% from $3.0m to $11.8m.

Dover Downs, which had ranked first in terms of revenue in Delaware for the past three months, slipped to second. Revenue was up 232.6% year-on-year to $409,205, while player spend increased 14.8% to $9.3m.

Harrington Raceway, the only other licensed igaming operator in the state, saw its revenue jump 228.8% to $206,090, while wagers also rocketed 740.0% from just $1.0m in May 2019 to $8.4m this year.

For the five months to the end of May 2020, igaming revenue in Delaware stood at $3.2m, compared to $1.4m at the same point last year. Player spend was also up from $54.7m in 2019 to 76.7m.

The Delaware Lottery has not published monthly sports betting results for the state’s regulated market since March this year.