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
May$72,53799.2%$45,59494.6%$57,470$175,602
April$137,20399.5%$29,21594.5%$74,078$240,496
March$94,96598.0%$27,47696.1%$84,392$206,833
Feb$64,98697.1%$27,49795.7%$73,972$166,455
Jan$22,40598.0%$34,48192.8%$88,390$145,276

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 OnlinePokerReport.com. Grove also serves as a consultant to various stakeholders in the regulated market for online gambling in the United States.
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