The total amount wagered in July was 7.6% lower than wagers in July 2022 and also 4.0% less than in June this year.

Players spent $24.6m playing online video lottery games and a further $11.8m on internet table games.

Online casino revenue amounted to $1.2m in July. This was 5.6% behind July last year but 7.3% higher than June 2023.

Video lottery games generated $915,640 in revenue and table games $221,187. The other $44,861 came from poker rake and fees.

Delaware Park took top spot in the igaming market with $475,192 in revenue from $16.9m in bets. Bally’s Dover was second on $363,047 from $9.8m, then Harrington Raceway with $343,449 from $9.7m.

Sports betting revenue and wagers down

Looking at sports betting, monthly handle for the market reached $2.3m. This was down 14.8% from $2.7m last year and 23.3% behind June’s $3.0m.

Sports wagering revenue amounted to $283,025, down 26.2% year-on-year but 298.5% ahead of $71,029 in June.

Delaware Park also led this market with $112,884 in revenue from a $1.0m handle. Bally’s Dover was second with $65,565 off $566,259, ahead of Harrington on $18,446 from $170,085.

An additional $77,627 in revenue came from $514,021 in bets placed with retailers.

Rush Street Interactive to power Delaware Lottery’s igaming offering

Last week, it was announced that Rush Street Interactive (RSI), the remaining bidder for the contract to power the Delaware State Lottery’s igaming offering, had been selected as the state’s vendor.

RSI will provide its igaming solution for an initial five-year term. This is renewable for five additional one-year terms, depending on regulatory approvals.

Certain reports suggested RSI and 888 Holdings had been competing for the tender. However, RSI was in fact the only remaining bidder for the contract, after 888 exited the process in May.

Original article: https://igamingbusiness.com/finance/delaware-igaming-wagers-continue-to-decline-in-july/

LEAVE A REPLY

Please enter your comment!
Please enter your name here