Delaware igaming revenue up 75.5% year-on-year in November

Delaware’s online gaming revenue reached a year-high of $996,639 in November, up 7.2% from October’s figures.

US.- Online gambling revenue in Delaware reached its highest total of the year in November, hitting $996,639. Revenue was 75.5 per cent higher than the $568,000 reported in November of 2020 and up 7.2 per cent from $930,093 in October this year.

Video lottery led the market, generating $766,790, while $196,488 came from online table games and the remaining $33,361 from poker rake and fees.

Player spending recorded a strong performance at $30.1m, which represents an increase of 83.5 per cent from $16.4m in November 2020 and is the highest monthly total since the $30.7m wagered in March. Video lottery bets totalled $18m, while table games spend for the month reached $12.2m.

As in previous months, the online market was led by Delaware Park. In November, it posted $417,252 in revenue and $14.9m in bets. Dover Downs placed second with $315,047 in revenue off $8.4m in bets. The ranking was completed by Harrington Raceway on $264,341 in revenue and $6.8m in wagers.

See also: October’s igaming revenue grew 44.5% year-on-year in Delaware

Delaware Park sold to Clairvest Group

Clairvest Group and a newly formed subsidiary of Rubico Gaming LLC, run by gaming investor Thomas Benninger, have completed their acquisition of the horse racetrack and casino Delaware Park. Former owners the Rickman family held the property for 38 years.

Canada’s Clairvest Group has invested $71m for a majority interest in the business while Clairvest Equity Partners VI’s put in $19m. It’s not clear how much Rubico Gaming has invested.

The 100,000-square-foot Delaware Park Casino features more than 2,000 slot machines, 40 table games, a poker room, and a sportsbook. The purchase does not include the casino’s White Clay Country Club, which will remain under the Rickman family’s ownership. William Rickman Sr, who died in 2005, bought the racetrack in 1983.

https://focusgn.com/delaware-igaming-revenue-up-75-5-year-on-year-in-november