Gambling
Delaware Online Casinos Set Record-High $5M Revenue In June
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According to the Delaware Lottery, the three online casinos in the First State reported a record-high $5.02 million in revenue in June 2024. Online casino revenue is up around $4 million year-on-year and monthly revenue is up 29%.
All three of Delaware’s online casinos are run by BetRivers
Delaware’s three online casinos are run by BetRivers: Bally’s Dover, Delaware Park, and Harrington Raceway & Casino. The state’s record revenue from June surpassed the previous record of $4.63 million set in March.
Delaware Park led the list with $2.68 million last month. Harrington Raceway & Casino finished second with $1.43 million, followed by Bally’s Dover with $906,939. Delaware Park’s total was its highest, while Harrington produced its second-highest total.
Bally’s Dover posted its third-highest revenue total in June, nearly $600,000 more than it earned in May. Based on the available figures, monthly revenue was up nearly $1.2 million compared to May 2024.
Delaware operators reported $1.2 million in June 2023. Of course, only 888 was running online casinos at the time. That was before the Delaware Lottery hired BetRivers to take over the state’s online casinos and sports betting.
Since BetRivers’ arrival in January, revenue has skyrocketed. January’s total net gaming revenue was $3.4 million. This came shortly after the Delaware Lottery announced its partnership with Rush Street Interactive (RSI).
House Bill 365 would have expanded the state’s mobile sports betting market
For now, it appears BetRivers will continue its monopoly on Delaware’s iGaming industry. House Bill 365, which was sponsored by Rep. Frank Cooke and Rep. William Bush, would have expanded the state’s mobile sports betting market.
“The addition of online sports betting in the First State means additional revenue will benefit programs for the treatment, education and assistance of compulsive gamblers and problem gambling,” Rep. Cooke added.
“We’re talking about $400,000 or 3.5% of the processed returned to the state for funding these programs. Those dollars will go a long way.”
However, HB 365 was never passed when the state’s legislative session ended in June.
Delaware would have joined the neighboring states of Maryland, New Jersey, and Pennsylvania in expanding mobile betting. Since sports betting has been legal in the state since 2018, the new legislation would have been just an expansion of existing law.