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The addition of New Jersey to the existing interstate online poker network of Delaware and Nevada was a boon for Caesars — the sole poker operator in the latter two states. But it failed to grow the NJ online poker market in the Garden State.
However, New Jersey’s entry into the Multi State Internet Gaming Association seems to have had a noticeable impact on at least one of the existing MSIGA states: Delaware.
The Delaware Lottery’s online gaming revenue report for the month of May showed a marked improvement in online poker revenue for The First State.
The increased online poker liquidity from New Jersey propelled Delaware’s online poker industry to its first $20,000 month since August 2017, and its best month since January 2017.
Interstate may have provided a boost, but Delaware online poker is still well below the level it was at from 2014-2016.
The downward spiral isn’t just a May phenomenon either. May 2018 marked the first time the state’s online poker operators posted year-over-year growth since October 2016.
The state had been trending in the same direction as New Jersey, with revenues declining by nearly 30 percent on average over the last year and a half.
That came to an end last month. May 2018 saw online poker revenue rise 15 percent year over year.
As strong as the revenue numbers were, the more impressive number is the number of new registrations reported by the state’s three online operators — Harrington Raceway, Dover Downs, and Delaware Park: 1,394.
That’s a significant increase over recent months.
It’s too early in the process to draw any meaningful conclusions from New Jersey or Delaware. Additionally, because interstate launched just before the World Series of Poker, it’s impossible to know if it’s interstate pooling or the WSOP impacting traffic and revenue numbers.
And for whatever reason, the Nevada Gaming Control Board only reports online poker revenue separate from poker revenue if there are three active online poker operators in the state.
That said, if May’s numbers are any indication, interstate online poker is growing the Delaware online poker market. And there is still more room for growth in Delaware.