The online casino segment in Delaware has bagged a massive jump of 224.68% on a year-to-year basis, effective March 2024. The state still lags at the 6th position in terms of GGR, that is, gross gaming revenue, but it has seen a significant impact of making a shift to BetRivers from 888.
Numbers for March further demonstrate an increase of 19.68% in comparison to February 2024. The revenue for February was $3.87 million. March registered a revenue of $4.63 million. Interestingly, it is also higher than what the charts showed in January: $3.41 million. Delwara Lottery’s report shares that sticking to 888 was not precisely fetching the results the industry wanted. Online gambling revenue did not rise above $1.43 in the previous year, i.e., 2023.
The highest contribution to the revenue number is from Delaware Park, bringing approximately $2,073,258. It is followed by Harrington and Bally’s Dover with $1,607,016 and $951,095, respectively. Online slots once again proved to be a safer segment for the industry. It yielded $3.33 million in revenue, followed by table games with $1.30 million.
Delaware Park’s revenue dropped compared to February, while the remaining brands reported an increase. This does not necessarily reflect poorly on the brand, but rather paints a picture wherein customers may be starting to explore their options. The figures align with the trends established by some of the best online casinos in the USA. This includes the likes of BC.Game, Wild Casino, and Black Lotus, to mention a few.
The number of registrations in February was 5,844. It fell to 4,229, down 27.64%. Promo deductions saw a rise as more players leveraged the applicable Welcome Bonuses through mobile applications.
BetRivers replaced 888 effective January this year. The industry saw a constant increase in revenue starting in January, when the number was $3,408,944. February and March followed more strongly, with $3,869,854 and $4,631,369 in the same order. The monthly rise was 192.21%, 13.52%, and 19.68% for the first three months of the year, respectively.
As for GGR, Delaware is in 6th place with a population of 1.02 million. The list is topped by Pennsylvania, where the population is almost 12.97 million, followed by Michigan and New Jersey with 10.03 million and 9.26 million, respectively. Connecticut and West Virginia are ranked 4th and 5th with a population of 3.62 million and 1.78 million, respectively.
Also, Delaware’s proposal to allow more iGaming operators to break the monopoly could further boost the online casino market and drive increased competition in the state.
Helene Keeley, the director of the Delaware Lottery, interacted with the media. Helene expressed their excitement about the iGaming platform’s growth compared to February. They further expressed their confidence in Rush Street Interactive’s BetRivers, stating that their relationship continues to grow stronger and that they have a great partner who would deliver top-quality games to their online players.
