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The Delaware online casino sector hit a record $4.63 million in revenue in March, according to the Delaware Lottery, which oversees gaming in the state.
The figure is a 19.68% increase from Delaware’s February 2024 gaming revenue, a previous net revenue record of $3.87 million. 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 did not go above $1.43 million in any month in 2023.
One of six legal US online casino states, Delaware has three gaming venues.
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.”
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
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)
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)
