Home News Delaware igaming spend down again in August

Delaware igaming spend down again in August

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Consumer spending on igaming in Delaware fell for the third consecutive month in August, while the state reported year-on-year declines across online gambling and sports betting.

Delaware players wagered $32.4m on igaming during the month. This was 12.0% lower than $36.8m in August 2022 and 11.0% down from $36.4m in July. The figure was also the lowest monthly total since $31.9m was bet in May last year.

Video lottery drew $23.3m of all bets in August and table games $9.2m.

Players won $32.4m, meaning revenue from igaming reached $1.1m. This was 15.4% lower than August 2022 and 8.3% behind July’s total this year.

Revenue from video lottery games amounted to $952,437 and table games $122,089. The remaining $32,607 came from poker rake and fees.

Delaware Park remained the igaming market leader with $488,308 in revenue from $14.1m in total wagers. Bally’s Dover followed with $319,237 off $10.2m, then Harrington Raceway on $299,588 from $8.1m.

RSI cliches igaming contract

This comes on the back of Rush Street Interactive (RSI) being selected as the state’s vendor to power the Delaware State Lottery’s igaming offering

RSI will provide its igaming solution for an initial five-year term. This is renewable for five additional one-year terms, depending on regulatory approvals.

Similar story for sports betting in Delaware

Looking at sports betting and monthly handle for August in Delaware was 17.2% lower year-on-year at $2.4m. However, this was 4.4% ahead of the $2.3m wagered in July.

In terms of revenue, this reached $311,175, down 12.2% from $354,444 in the same month last year but 53.3% ahead of $203,025 in July.

Delaware Park also led the pack in the Delaware sports betting market with $105,969 from a $906,884 handle. Bally’s Dover posted $69,599 in revenue from $592,450 in wagers and Harrington Raceway $27,674 off $234,531.

A further $107,932 in revenue came from retailers after consumers spent $666,667 betting.

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