Delaware Online Gambling Revenue Slumps in May

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Delaware’s online casinos saw their year-long streak of consecutive growth broken in May, according to figures released by the Delaware Lottery.

Total revenue generated by the state’s regulated online gambling sites came in at $175,601.67, a drop of about 27% from April’s total of $240,496.04. Reduced revenue from table games drove the drop, with some $65,000 wiped from April’s numbers.

Interestingly, turnover for table games spiked by nearly 90% from April to May, but a lower hold (see chart below) meant Delaware casinos weren’t able to capitalize on the increased activity. Video lottery revenues spiked by 50% from April ($29k) to May ($45k). But that gain was more than offset by a $16k drop in poker revenues.

Delaware online gambling revenue for 2014

MonthTable Game RevenueTable Game HoldVideo Lottery RevenueVideo Lottery HoldPoker RevenueTotal

Complete data from the Delaware Lottery.

Agreement with Nevada could rescue poker from life support

Last we heard, Delaware and Nevada were shooting for a late-summer debut of their plan to share player pools. It can’t come quickly enough for Delaware, where poker revenues sunk to an all-time low in May. Traffic is barely hovering above the dead zone at the state’s sole poker offering, powered by 888 and fed by Delaware’s three authorized online gambling sites.

- Chris is the publisher of Grove also serves as a consultant to various stakeholders in the regulated market for online gambling in the United States.
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