Delaware falls just short of igaming revenue record in June

Revenue was up 30.5% year-on-year from $843,118 in June 2021 and marginally higher than the $1.09m generated in May of this year, while the total was shy of the $1.2m record set in April 2022.

Consumers spent a total of $35.0m playing igaming during the month, an increase of 52.2% from $23.0m in the same month last year and also 9.7% higher than the $31.9m wagered in May this year.

Online video lottery games accounted for $924,272 of revenue for the month and $21.7m of all wagers placed. Table games drew $151,625 in revenue from $13.3m in bets, while poker rake and fees revenue reached $43,121.

Players won $33.9m from igaming in June, while licensed operators reported a total of 952 new account registrations.

Breaking down the performance of licensees, Bally’s Dover, previously known as Dover Downs, claimed top spot by a narrow margin, posting $407,367 in revenue from $11.1m in bets.

Delaware Park was just behind in second with $407,212 in revenue, with consumers having spent $15.9m, while the Harrington Raceway placed third with $304,439 in revenue from $7.9m in wagers.

Earlier this month, it was revealed that sports betting handle in Delaware dropped to its lowest point since August 2020 while revenue fell by two thirds year-on-year during June 2022.

During the month ended 26 June, players staked a total of $3.5m, which was 41.1% less than in June of 2021. In addition, this figure was the lowest since August 2020, which was the first full month following the reopening of casinos and racetracks in the state after Covid-19 lockdowns.

The number of wagers placed also reached a new low for the year, at 112,200.