RECORD START TO 2021 FOR DELAWARE IGAMING OPERATORS
Delaware’s regulated iGaming market enjoyed a strong start to 2021 as net revenue nearly doubled to $738,525 in January.
Continuing on from the market’s strong growth last year, the state’s three licensed iGaming operators saw total amounts wagered soar 106 per cent year-on-year to $21.1m during the month.
With $20.4m paid out in winnings, this generated net revenue of $738,525 for the three operators, an increase of 90 per cent versus the prior year period.
Video lottery games continued to generate the bulk of the total as net revenue soared 134 per cent to $584,443, while table games revenue climbed 7 per cent to $114,449, and poker rake and fees rose 27 per cent to $39,633.
DELAWARE IGAMING NET REVENUE: JANUARY 2021 (US$)
|Delaware Park||Dover Downs||Harrington||TOTAL|
Delaware Park remained market leader in January as amounts wagered rose 116 per cent to $9.5m, generating net revenue of $295,178, an increase of 57 per cent year-on-year. This comprised a 151 per cent increase in video lottery net revenue to $249,070 and a 9 per cent rise in poker rake and fees to $23,400, which offset a 67 per cent drop in table games revenue to $22,708.
Amounts wagered at Dover Downs increased 79 per cent compared to a year ago to $6.8m, with net revenue more than doubling to $277,098. Video lottery revenue increased by 93 per cent to $197,233, with table games net revenue up significantly compared to last year, soaring 317 per cent to $68,992. Poker rake and fees rose 37 per cent year-on-year to $10,873.
For the second consecutive month, the biggest growth came from Harrington Raceway as amounts wagered increased by 140 per cent to $4.8m, with net revenue climbing 128 per cent to $166,249. This followed a 187 per cent rise in video lottery net revenue to $138,141, while table games net revenue rose marginally by 0.6 per cent to $22,749, and poker rake and fees increased by 176 per cent to $5,359.
January recorded 728 new iGaming player registrations across the state, comprised of 313 registrations at Delaware Park, 276 at Dover Downs, and 139 at Harrington.
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