- Due to the coronavirus, iGaming in Delaware is up 133.3% on a year-to-year mark over 2020.
- The state was the first in the USA to legalize iGaming in 2012, and is now seeing a major profit upturn heading into 2021.
DOVER, Del. – The state of Delaware revealed their iGaming revenue from 2020 on Wednesday, showing a double increase in profit over the calendar year.
The state announced that total revenue increased over 133.3% in 2020 to a total of $8.4 million.
Gamblers in Delaware staked over $227 million dollars on iGaming in 2020, up 78.8% on the past year. Since the end of the year, these high activity levels have been sustained.
Researchers largely contribute this massive hike in profit to the events of the Coronavirus pandemic.
With the majority of the population staying at home to avoid the spread of the virus, iGaming has immensely increased activity and revenue that is directly funded back into the state.
Delaware was one of the first states to bring legal USA online gambling to its citizens. Delaware legalized its’ iGaming brand back in 2012 and set the pathway for other states like New Jersey to follow in 2013.
In 2020, the biggest supplies in DE were Delaware Park and Dover Downs, who both brought in $3.2 million on the year. Delaware Park’s revenue saw a 121.7% increase from 2019, with Dover Downs’ revenue up over 127%. Harrington Raceway was also a big player in the state, going for $2.0 million themselves.
The largest portion of the states’ iGaming handle came from online gamblers playing video lottery games, bringing in $6 million. That was followed by table games, which brought in $1.7 million in revenue.
Delaware also saw over 550 new players registered in the month of December alone. This massive increase in popularity is expected to continue throughout 2021 and into the future, signifying what many experts predicted in terms of exponential growth for the iGaming industry moving forward.