Delaware Online Casino Revenue Jumps 224.68% Year-Over-Year In March
According to the Delaware Lottery, the online casino sector hit a record $4.63 million in revenue in March.
The figure is a 19.68% increase from Delaware’s February 2024 gaming revenue , which was a previous net revenue record of $3.87 million in total. It is also a staggering 224.68% year-over-year rise.
Not only did March 2024 online casino revenue surpass February but it also exceeded January’s $3.41 million, the initial climb at the start of the year inspired by the Delaware Lottery’s shift from 888 to Rush Street Interactive’s (RSI) brand, BetRivers.
Delaware’s online gambling revenue before changing to BetRivers couldn’t go above $1.43 million in 2023.
Delaware is one of six legal US online casino states with three gaming locations.
Delaware Park brings in 45% of Delaware’s March online casino revenue
According to the Delaware Lottery’s March 2024 report , revenue from online slots was $3.33 million, while table game revenue was $1.30 million.
From the total March online casino revenue of $4,631,369, most of the money (45%) came once again from Delaware Park:
Delaware Park: $2,073,258
Harrington: $1,607,016
Bally’s Dover: $951,095
Both Bally’s Dover and Harrington reported monthly revenue increases, while Delaware Park dropped from February. All three locations reported significant revenue growth compared to last year’s period.
From February to March, number of registrations in March (4,229) fell 27.64% from February (5,844). Similar to February, promo deductions rose monthly, indicating that many BetRivers Casino players took advantage of welcome bonuses while using the app.
Delaware Lottery’s partnership with RSI seems to be paying off
BetRivers, run by RSI, has a monopoly in Delaware. RSI became the Delaware State Lottery’s official partner for online gaming in August and will provide its services for five years.
January 2024 was the first whole month during which Delaware players had access to the platform. RSI’s BetRivers ( NYSE: RSI ) replaced the lottery’s previous vendor, 888, which had been operating for the past ten years.
BetRivers Casino started 2024 strong in Delaware, showing a continued increase in online casino revenue:
January 2024 revenue: $3,408,944 (a 192.21% monthly increase )
February 2024 revenue: $3,869,854 (a 13.52% monthly rise)
March 2024 revenue: $4,631,369 (a 19.68% monthly increase)
Helene Keeley , director of the Delaware Lottery told PlayUSA:
“The Delaware Lottery is excited about the 19.68% growth in our iGaming platform from last month. As our relationship with Rush Street Interactive continues to grow, along with the plans we’ve developed together for the coming months, we know we have a great partner with BetRivers in offering exciting top-quality games for our online players.”
For further context, Delaware is one of six legal US online casino states and has the smallest population. Looking at GGR in March, Delaware came in sixth:
Pennsylvania (a population of 12.97 million)
Michigan (10.03 million people)
New Jersey (9.26 million people)
Connecticut (3.62 million people)
West Virginia (1.78 million people)
Delaware (1.02 million people)
The post Delaware Online Casino Revenue Jumps 224.68% Year-Over-Year In March appeared first on Play USA .
The figure is a 19.68% increase from Delaware’s February 2024 gaming revenue , which was a previous net revenue record of $3.87 million in total. It is also a staggering 224.68% year-over-year rise.
Not only did March 2024 online casino revenue surpass February but it also exceeded January’s $3.41 million, the initial climb at the start of the year inspired by the Delaware Lottery’s shift from 888 to Rush Street Interactive’s (RSI) brand, BetRivers.
Delaware’s online gambling revenue before changing to BetRivers couldn’t go above $1.43 million in 2023.
Delaware is one of six legal US online casino states with three gaming locations.
Delaware Park brings in 45% of Delaware’s March online casino revenue
According to the Delaware Lottery’s March 2024 report , revenue from online slots was $3.33 million, while table game revenue was $1.30 million.
From the total March online casino revenue of $4,631,369, most of the money (45%) came once again from Delaware Park:
Delaware Park: $2,073,258
Harrington: $1,607,016
Bally’s Dover: $951,095
Both Bally’s Dover and Harrington reported monthly revenue increases, while Delaware Park dropped from February. All three locations reported significant revenue growth compared to last year’s period.
From February to March, number of registrations in March (4,229) fell 27.64% from February (5,844). Similar to February, promo deductions rose monthly, indicating that many BetRivers Casino players took advantage of welcome bonuses while using the app.
Delaware Lottery’s partnership with RSI seems to be paying off
BetRivers, run by RSI, has a monopoly in Delaware. RSI became the Delaware State Lottery’s official partner for online gaming in August and will provide its services for five years.
January 2024 was the first whole month during which Delaware players had access to the platform. RSI’s BetRivers ( NYSE: RSI ) replaced the lottery’s previous vendor, 888, which had been operating for the past ten years.
BetRivers Casino started 2024 strong in Delaware, showing a continued increase in online casino revenue:
January 2024 revenue: $3,408,944 (a 192.21% monthly increase )
February 2024 revenue: $3,869,854 (a 13.52% monthly rise)
March 2024 revenue: $4,631,369 (a 19.68% monthly increase)
Helene Keeley , director of the Delaware Lottery told PlayUSA:
“The Delaware Lottery is excited about the 19.68% growth in our iGaming platform from last month. As our relationship with Rush Street Interactive continues to grow, along with the plans we’ve developed together for the coming months, we know we have a great partner with BetRivers in offering exciting top-quality games for our online players.”
For further context, Delaware is one of six legal US online casino states and has the smallest population. Looking at GGR in March, Delaware came in sixth:
Pennsylvania (a population of 12.97 million)
Michigan (10.03 million people)
New Jersey (9.26 million people)
Connecticut (3.62 million people)
West Virginia (1.78 million people)
Delaware (1.02 million people)
The post Delaware Online Casino Revenue Jumps 224.68% Year-Over-Year In March appeared first on Play USA .