iGaming revenue rises in Delaware
During last month’s operations, Delaware posted a year high in revenue from iGaming to US$384k.
US.- The iGaming market in the US keeps improving, and Delaware is proof of that. In September, Delaware posted a year-high revenue from iGaming operations to US$384k, even though consumers spent less when compared to the previous month. Players won US$11.4 million from iGaming in September.
The record US$384k from September is higher than the previous monthly high in 2019, achieved in May when the state totalled US$313k in iGaming revenue. Moreover, September was the second month in which the state recorded more than US$300k in iGaming revenue in 2019.
The good financial results come even though player spending decreased month-on-month to US$11.8 million. The figure in August had been US$12.5 million, but the US$11.8 million is similar to the one from May (US$11.7 million).
The local gambling regulator explained that table games totalled US$7.9 million in player spending in September, becoming the biggest vertical and giving operators US$171k in revenue. However, video lottery generated US$192k in revenue from US$3.9 million in bets.
August results
After a year-low in June and recovering in July, Delaware’s iGaming market posted an impressive increase in revenues in August. The online gaming segment increased 30.4% year-on-year in August.
Total revenue was US$290.1k, which is significantly higher than the US$222.5k from August 2018.
Player spend was US$12.5 million in August, which is a significant increase from the US$8.8 million registered in July. The figure is the highest amount since the US$14.6 million registered in March 2019. Players winnings also increased to US$12.3 million, up from the US$8.6 million from the same period in 2018.