Delaware’s online gaming market reported a handle of $37.9 million in June, indicating an 8.3% increase compared to the same period last year. While this reflects a year-on-year growth, it represents a 14.3% decline from May 2023, marking the lowest monthly total for the year.
Handle and Wager Breakdown:
The total handle for online gaming in June comprised $14 million in table game wagers and $23.9 million in video lottery bets, showcasing a diverse range of player preferences.
Revenue Performance:
Despite the slight dip in the handle, revenue from online gaming experienced a 35.9% year-on-year increase, reaching $1.1 million. However, this figure represents an 8.3% drop from May 2023, where revenue stood at $1.2 million.
Bally’s Dover led in revenue, recording $451,137 from $12.3 million in bets, followed by Delaware Park with $407,150 from $16.6 million, and Harrington Raceway with $287,366 from $8.6 million.
Sports Betting Metrics:
Delaware’s sports betting handle for June reached $3 million, demonstrating a 7.1% increase compared to May 2023. However, it experienced a 14.3% decline from June 2022.
Sports betting revenue was $71,029, reflecting a significant year-on-year decrease of 66.6% and a sequential drop of 71% from May’s figure of $245,474.
Operator Performance:
Delaware Park maintained its position as the leading sports betting operator, generating $31,888 in revenue from $1.4 million in wagers.
Bally’s Dover followed with $20,744 in revenue from $749,354 in wagers, and Harrington Raceway contributed $11,579 in revenue from $434,029. Additionally, $6,817 was generated from $538,443 in retail bets.
While Delaware’s online gaming market experienced a dip in June, the year-on-year growth in both the handle and revenue signals the overall resilience of the state’s digital gaming sector. Despite the challenges posed by the sequential decline from May, the consistent year-on-year improvement underscores the enduring popularity of online gaming in the region. As Delaware navigates the evolving landscape of digital wagering, stakeholders remain optimistic about the market’s potential for sustained growth and adaptation to changing consumer trends.