DELAWARE IGAMING OPERATORS ACHIEVE ANOTHER RECORD MONTH IN FEBRUARY

Delaware’s regulated iGaming market continued its strong start to the year with another record performance in February 2021.

The state’s three licensed iGaming operators saw total amounts wagered continue to grow in February, soaring 122 per cent year-on-year to $21.9m.

With $21.2m paid out in winnings, this generated record net revenue of $751,291 for the three operators, an increase of 131 per cent versus the prior year period.

Video lottery games generated 79 per cent of the total as net revenue soared 184 per cent to $597,413, while table games revenue increased by 38 per cent to $114,685, and poker rake and fees rose 27 per cent to $31,194.

DELAWARE IGAMING MARKET: FEBRUARY 2021 (US$)

Delaware Park Dover Downs Harrington TOTAL
Amounts Played 9,692,883 6,973,314 5,203,864 21,870,061
Amount Won (9,416,666) (6,703,880) (5,037,417) (21,157,963)
Net Revenue 301,830 277,237 172,224 751,291

Delaware Park led the way as market leader in February as amounts wagered increased by 130 per cent to $9.7m, generating net revenue of $301,830, an increase of 146 per cent versus the same period last year. Video lottery net revenue rose significantly, up 208 per cent year-on-year to $224,789, while table games net revenue rose 64 per cent to $51,428 and poker rake and fees grew 40 per cent to $25,613.

Dover Downs saw amounts wagered nearly double to $7.0m during the month, with net revenue up 136 per cent at $277,237. Video lottery revenue increased by 165 per cent to $216,008, with table games net revenue up 111 per cent at $53,426, offsetting a 25 per cent drop in poker rake and fees to $7,803.

For the third consecutive month, the biggest growth came from Harrington Raceway as amounts wagered increased by 141 per cent to $5.2m, with net revenue climbing 102 per cent to $172,224. This followed a 179 per cent rise in video lottery net revenue to $156,616, which offset a 63 per cent decline in table games net revenue to $9,830. Poker rake and fees increased by 156 per cent to $5,778.

February saw 782 new iGaming player registrations across the state, comprised of 314 registrations at Delaware Park, 311 at Dover Downs, and 157 at Harrington.

Gaming Intelligence

Comments are closed.