Delaware’s Online Casinos Earn $6.2M in November Revenue
December 16, 2024 Marija D
In a clear demonstration of ongoing growth, Delaware’s online casino platforms generated $6.2 million in revenue during November 2024. This represented an astonishing 465.2% increase from November 2023, showcasing the industry’s tremendous momentum over the past year.
Despite this year-over-year growth, November’s performance fell 7.9% below the record-breaking $6.7 million in revenue achieved in October 2024, which remains the highest monthly figure in the state’s history.
The $6.2 million total revenue figure for November stands as the second-highest monthly performance ever recorded by the state’s online casinos. Delaware’s online gambling market has been a growing segment of its gaming sector, continuing to capture the attention of operators and players alike.
Delaware Park Dominates the Revenue Race
Revenue distribution among the state’s three online casino operators paints a clear picture of market dynamics. Delaware Park led the pack by generating $3.2 million in November, ing for more than half of the month’s total earnings. Harrington Raceway followed with $1.7 million in revenue, while Bally’s Dover rounded off the list with $1.2 million.
These November earnings brought the current fiscal year’s online gambling revenue total to $29.7 million. Comparatively, the prior fiscal year saw total revenues of $31.9 million, but this figure included earnings from a full twelve months of operation. With seven months remaining in the current fiscal year, Delaware’s online casino market appears well on track to sur its previous annual record.
A significant factor behind the extraordinary growth of Delaware’s online casino revenues is the change in operational management. In September 2023, Rush Street Interactive (RSI) replaced 888 Holdings as the primary operator of Delaware’s online gambling platforms through a partnership with the Delaware Lottery. RSI introduced its system with a soft launch in December 2023 before going fully live in January 2024, marking a new era for online gaming in the state.
The impact of this change became evident immediately. Revenues jumped from $1.2 million in December 2023, during the soft launch phase, to $3.4 million in January 2024 when RSI’s services were fully operational. This nearly threefold increase set the stage for continued growth, with monthly revenues consistently exceeding $5 million throughout the fiscal year.
The lowest monthly revenue so far in this fiscal year was recorded in July 2024, when online casinos generated $5.2 million. This baseline figure is still significantly higher than pre-RSI numbers, underscoring the transformative impact of the operational change.
Surging Revenues Reflect Market Expansion
Delaware’s steady rise in online casino revenues illustrates not only effective management changes but also growing player interest and engagement in online gambling. Since RSI assumed control, its advanced gaming platform, improved experience, and streamlined operations have allowed the state to harness greater returns from its licensed gambling platforms.
The November numbers demonstrate the sector’s resilience and its capacity to maintain significant growth even when trailing slightly behind the peak of October’s historic high. Delaware Park’s consistent dominance highlights a strong foothold in the competitive market, with other operators continuing to show substantial contributions as well.
As the state pushes toward breaking its previous fiscal year revenue record, the success of online casinos underlines a broader shift in consumer preferences toward digital gaming experiences. With seven months remaining in the current fiscal year, Delaware remains positioned to set new benchmarks in online gaming performance.
Source:
”Delaware Igaming Revenue Fiscal Year 2025”, derealmoneyaction.casinowinning.net, December 13, 2024.
This article provides a thorough breakdown of Delaware’s online casino revenues in November 2024. It’s fascinating to see such significant growth year-over-year, especially the impact of Rush Street Interactive’s operational changes. The detailed comparison of operators’ revenues, like Delaware Park’s dominance, adds depth. Curious to see how the fiscal year ends!