Delaware Online Gaming Revenues Continue to Disappoint In April
The ongoing debate over legalizing online gambling in the U.S. has left many proponents red-faced. Although only legal in three U.S. states the status quo of online gambling has led to many including those within the gaming industry to proclaim it as a ” bust”.
One of the main factors needed to sustain a viable online gaming market is size. Without a big enough player base there is no chance of an online poker market developing. While there is talk of markets like California opening up the state of New Jersey, Delaware and Nevada leaves much to be desired.
The revenues for April have just been released from Delaware and the numbers tell the sorry tale. Combine online gambling revenues in April totaled a measly $132,000 which is a 10% decline from the same period last moth and a whopping 45% drop from April 2014 which saw a record market peak of $240,800.
Online poker revenues declined 35 percent from April 2014 but were up 11% from the previous month to reach $48,500. Revenues from online casino games took a major drop and resulted in operators winning a poultry $15,600 in April which is 70% less than March. This figure is a new record low for online table games which were launched in November 2013.
There was some positive news for video poker and slots as they were up 34% in April from the previous month to reach $68,000. Earlier this month the Delaware Lottery releases their free mobile iOS app. This is aimed at offering Delaware players the convenience of playing real money casino games on their iOS devices. Players need to be 21 and over and located in Delaware. At the time Lottery Director Vernon Kirk commented on the launch,” This is an exciting moment for iGaming in Delaware, ”Players can now find convenience and entertainment in playing casino games on their iOS mobile devices, and it’s just in time for tourists visiting our amazing Delaware beaches this summer.”