Click Now!

Delaware Online Gambling Sees Best Ever July

Delaware Online Gambling Sees Best Ever July

New figures just released by the Delaware state lottery show that the state’s online casinos won $281,000 from online gamblers during July.

The figure is an increase from $142,000 in July last year while July 2014 produced $172,000 in revenue. Online gambling has been legal in the state since late 2013.

The $281,000 was from all areas of legal online gambling. Around $161,000 came from the video lottery while $86,000 came from table games and $33,000 came from peer-to-peer poker. In July 2015 the figures were $75,000 for the video lottery, $39,000 for the table games and $28,000 for poker.

However, the figure is less than that taken in June so the state’s four month run of new record highs has come to an end. Revenue from online casino gaming was $304,874.30 in June. That beat May’s $282,112.30 in, which was the previous record. May’s record beat April’s of $267,801.30 which was of course more than the $260,539.30 taken during March.

Last year saw the market contract in general so this year’s figures come as a huge relief to the online casinos.

The state’s three online gambling operators are Delaware Park, Dover Downs and Harrington Raceway. The state has a liquidity sharing deal with Nevada for poker.

Delaware Park took in the most revenue in July with $130,000, it was followed by Dover Downs at $114,000 and Harrington Raceway at $60,000.

In addition to Delaware and Nevada, New Jersey also allows online gambling while California, Pennsylvania, Michigan and New York are all considering it.  This year California saw its efforts to legalise online poker fall through due to a disagreement between the casinos and the tribal operators.

OCA News Editor

Jenny McKinnley is OCA’s financial correspondent. After spending years on the trading floor in both NY and London, she offers insight from the inside out on world financial news and events.

COMMENTS

comments

Calendar

September 2016
M T W T F S S
« Aug   Oct »
 1234
567891011
12131415161718
19202122232425
2627282930  

Recent Tweets