The state of Delaware has announced its November online gambling revenues a few days ago. Back in October, the amount of $130,468 was generated, the lowest for the past twelve months. However, the state posted a 42% increase in November, reaching the amount of $184,898.
The bad news is that only 308 players signed up to Delaware’s online gambling platforms. This is the lowest number since the state introduced iGaming to its residents thirteen months ago. By comparison, back in November 2013, the number of new accounts reached 2,654.
According to the Delaware Lottery’s report, Delaware Park’s online platform kept on dominating the state’s online gambling market. The casino generated the amount of $122,894 in November. In other words, it held the impressive 66% share in local iGaming market. Delaware Park was followed by Dover Downs. The latter generated $31,421 in online gambling revenue. It was estimated that it held a 17% market share. Harrington Raceway was reported to have earned $30,582 in November.
Table games and various video lottery products contributed the total amount of $152,084 to the state’s gambling revenue. Furthermore, $32,814 were generated through online poker rooms. Local providers of online poker tables performed better last month, since the turnover from their activities marked a 15% rise as compared to October’s figures.
Here again, Delaware Park online poker platform contributed most to the overall revenue. The gaming operator held a 59% share in the state’s online poker market. Despite the fact that numbers in November marked an impressive growth, revenues from online poker have declined considerably since they reached their highest back in December 2013. A total of $106,922 was generated towards the end of 2013, 69% more than last month.
November’s turnover from online poker pointed to the fact that it was about time Nevada and Delaware implemented their Multi-State Internet Gaming Agreement, due to the decrease in the number of new players and the fact that the variety of other gaming options is about to make online poker less attractive to locals.
As it was reported, all three casinos in Delaware and their online operations annually contribute significant amounts to local government. In other words, the taxes they pay constitute 6% of the state budget.
It was also announced that Delaware Park, Dover Downs, and Harrington Raceway generate more considerable tax turnover than all the corporations that have their operations located in Delaware. What is more, it is almost the same as the money generated out of the so-called hidden sales tax. Last year, Delaware received $215 million in gambling revenue. Dover Downs alone contributed $62 million to the state.
