Delaware Online Poker Revenue March Up 26%
Online poker revenue in the state of Delaware increased 26% in March, following a robust 25% spike in earnings the previous month.
The poker sites operated by Dover Downs, Harrington Raceway and Delaware Park collected combined revenue of $43,636 last month, up from $34,526 in February. The large boosts in revenue as of late are certainly encouraging for the tiny state with a population under one million.
The gain in March is at least partly attributable to [geolink href=”https://www.usafriendlypokersites.com/delaware-nevada-interstate-online-poker-launched/”]the interstate partnership with Nevada[/geolink] that launched on March 24. Combining player pools with WSOP.com in the Silver State [geolink href=”https://www.usafriendlypokersites.com/delaware-nevada-see-jump-in-player-traffic/”]brought more Delaware players to the virtual tables[/geolink], excited to have more poker games to choose from and more players to compete against.
That partnership is the first of its kind in the U.S. and is seen as pivotal to the expansion and growth of the regulated online poker industry in the U.S. Other states will perhaps be encouraged to enact ipoker legislation of their own and get in on the game upon seeing the successful collaboration between Nevada and Delaware.
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The bulk of the poker action is being played at the site hosted by Delaware Park where revenue totaled $31,555 in March. That comes to 72% of the poker revenue in the state, with Dover Downs ($7,868) grabbing 18% and Harrington Raceway ($4,212) the remaining 10%.
Highest Online Poker Revenue in 10 Months
Delaware has now reported revenue for 17 months since launching in November 2013. Online poker revenue in March was the eighth best month of the 17. However, the seven months with higher revenue totals were the first seven months of operation for Delaware online poker.
The $43,636 was the highest amount for a month since May 2014. It is logical to assume that revenue totals for April 2015 will come in even higher than March considering that this month will be the first full month in which the Multi State Poker Network (MSPN) with Nevada will be in operation.
Also encouraging for March is that new player signups increased by 11.6% over February. A total of 306 Delawareans registered at the legal gaming sites last month, outpacing the 274 in February. Some of those new players may have made their way to the online casino tables as opposed to poker, but it certainly is safe to assume that a number of them joined the action strictly for the enhanced online poker offerings brought about by the MSPN.
Online gaming revenue for March that includes poker, casino games and video lottery action increased a modest 2% over February totals. The three sites took in a collective $146,188, up from the $143,101 the month before.