{"id":43862,"date":"2017-01-17T11:52:37","date_gmt":"2017-01-17T19:52:37","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=43862"},"modified":"2017-01-17T13:37:44","modified_gmt":"2017-01-17T21:37:44","slug":"delaware-online-gaming-soars-62-percent-2016","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/delaware-online-gaming-soars-62-percent-2016\/","title":{"rendered":"Delaware Online Gaming Soars 62 Percent in 2016"},"content":{"rendered":"

Delaware online gaming had its best online gaming year to date in 2016. The state’s three internet casino operators collectively generated $3 million in net revenue, a 62 percent premium on 2015.<\/p>\n

\"Delaware
Things are looking up all over in Delaware: internet gaming revenue for 2016 showed a dramatic 62 percent bump over the year prior. (Image: rivanov.nl)<\/figcaption><\/figure>\n

The strong 12-month run came to a close with yet another solid performance in December. Gaming win came in at $229,987, a 29 percent year-over-year gain and the state’s best month since August.<\/p>\n

The First State was the first to legalize online gaming in 2013, but Nevada was first to market after following Delaware’s lead in passing internet casino legislation.<\/p>\n

Today, the two states, plus New Jersey<\/a>, remain the only three jurisdictions in America with authorized internet gambling. The Garden State remains the most dominant market due to its substantial population advantage.\u00a0 \u00a0<\/span><\/p>\n

Like Delaware, New Jersey had its best year since its iGaming inception. Online gaming there totaled $196.7 million, a more than 32 percent jump, and helped Atlantic City casinos post their first positive yearly financial summary in a decade.<\/p>\n

Nevada only permits internet poker, and while online revenues for the card game aren’t published publicly, the state’s land-based casino sector enjoyed its best year since 2008. December earnings haven’t yet been released, but statewide, Silver State casinos will beat their 2008 performance that totaled $11.59 billion.<\/p>\n

Delaware Park Leads Way<\/b><\/h2>\n

Online gaming in Delaware is operated through the state’s three horse racetracks. Dover Downs, Delaware Park, and Harrington Raceway are all racino venues that compliment racing.<\/p>\n

Delaware Park, which is located in the northern part of the state near the largest city of Wilmington and roughly 40 miles southwest of Philadelphia, was responsible for $1.4 million of the state’s total iGaming take.<\/p>\n

\n

Dover Downs, centrally located along Route 1, the state’s major artery, was second with just a little more than $1 million. Harrington Raceway finished a distant third with $534,000 in earnings.<\/strong><\/p>\n<\/blockquote>\n

While Delaware Park is the undisputed 2016 winner, Dover Downs had its moments. The track generated $95,916 in net winnings last month, a slight victory over Delaware Park’s $93,849 total.<\/p>\n

But of the 12 months, Delaware Park was the highest earner in 10.<\/p>\n

Unpredictable is Predictable<\/b><\/h2>\n

Delaware<\/a> online gaming revenues fluctuate wildly in terms of percentages due to the small size of the market. Predicting net wins for operators is a difficult task.<\/p>\n

For instance, Delaware Park collected $130,501 in August. In September, its total came in at $76,997, a nearly 41 percent drop in just 30 days.<\/p>\n

September had five Fridays plus a long Labor Day holiday weekend, and bettors were active on their computers as summer came to an unofficial close. Total wagers totaled over $5 million, substantially more than the $3.15 million bet in August.<\/p>\n

But it’s of course all about the win and hold for casino companies, and in September Delaware Park bettors won handsomely on the digital tables. Of the $4.299 million wagered at internet casino tables, $4.288 million was paid out to players.<\/p>\n","protected":false},"excerpt":{"rendered":"

Delaware online gaming had its best online gaming year to date in 2016. The state’s three internet casino operators collectively generated $3 million in net revenue, a 62 percent premium on 2015. The strong 12-month run came to a close with yet another solid performance in December. Gaming win came in at $229,987, a 29 […]<\/p>\n","protected":false},"author":42,"featured_media":43889,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62,10,19],"tags":[],"acf":[],"yoast_head":"\nDelaware Online Gaming Soars 62 Percent in 2016<\/title>\n<meta name=\"description\" content=\"Delaware online gaming experienced its best year in terms of revenue since the state legalized internet casinos in 2013, as proceeds jumped 62 percent.\" \/>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delaware Online Gaming Soars 62 Percent in 2016\" \/>\n<meta property=\"og:description\" content=\"Delaware online gaming experienced its best year in terms of revenue since the state legalized internet casinos in 2013, as proceeds jumped 62 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