In July, Delaware’s online gaming scene saw a handle of $36.4 million, reflecting a 7.6% decrease compared to the same period in 2022 and a 4% dip from June 2023. The online gaming activities were divided, with $24.6 million spent on online video lottery games and $11.8 million on online table games.
Online Casino Revenue Breakdown:
Despite the slight downturn in handle, online casino revenue for July reached $1.2 million, showcasing a year-on-year decrease of 5.6% but a notable 7.3% increase compared to June 2023. Video lottery games accounted for $915,640 in revenue, while online table games contributed $221,187 to the overall figure.
Top Performers in Online Casino Revenue:
Delaware Park emerged as the leading operator with $475,192 in revenue from $16.9 million in wagers, followed closely by Bally’s Dover, generating $363,047 from $9.8 million. Harrington Raceway secured the third spot with $343,449 in revenue from $9.7 million in wagers.
Sports Betting Metrics:
The sports betting handle in July was $2.3 million, marking a 14.8% decrease year-on-year from $2.7 million and a substantial 23.3% decline from June 2023 ($3 million). Despite the reduced handle, sports betting revenue demonstrated resilience, reaching $283,025. This figure represents a 26.2% decrease year-on-year but a remarkable 298.5% surge compared to June ($71,029).
Leading Performers in Sports Betting Revenue:
Delaware Park also claimed the top spot in the sports betting sector, securing $112,884 in revenue from a $1 million handle. Bally’s Dover followed with $65,565 from $566,259, and Harrington contributed $18,446 in revenue from a $170,085 handle.
Strategic Partnership with Rush Street Interactive:
In a significant development, the Delaware State Lottery has chosen Rush Street Interactive (RSI) as its vendor for the state’s online gaming business. The partnership, set for an initial term of 5 years, with potential renewals, reflects the state’s confidence in RSI’s online platform and customer service.
Richard Schwartz, CEO of RSI, expressed the company’s honor at being selected, stating, “This partnership is yet another significant milestone for RSI, as the confidence of a state-backed organization, such as the Delaware Lottery, further validates the trust that lottery officials have in our award-winning online platform and customer service.”
While Delaware’s online gaming handle witnessed a modest decline in July, the strategic partnership with Rush Street Interactive signals a forward-looking approach for the state. The robust performance of key operators and the continued integration of online gaming demonstrate the resilience and adaptability of Delaware’s gaming landscape. As technological advancements and strategic collaborations shape the industry’s future, these insights into Delaware’s gaming dynamics offer a glimpse into the ongoing evolution of online gaming and sports betting.