Delaware experienced its first decrease in online poker revenue in four months, as May totals came in at only $39,245, a 19% drop from $48,552 in April.
After enjoying double digit percentage upswings from February to April, May’s decline is a bit of a downer. The decrease can likely be blamed on seasonal trends, as well as perhaps the satisfied curiosity of some players who had been logging on since the Multi State Poker Network with WSOP.com in Nevada launched on March 24.
That sharing of player pools between the two regulated states is now more than two months old and the novelty of trying something new may have worn off for some Delaware online poker players. Combine that with warmer weather that entices folks to become more active outdoors and you have the recipe for a 19% drop in revenue.
iPoker Revenue Up at Harrington
Of the three sites operating in Delaware, Harrington Raceway managed to buck the downward ipoker revenue trend and recorded an increase of 14.6%. While that percentage increase may sound decent, positivity is tempered by the fact that the month-over-month upswing went from only $3,286 to $3,765.
Poker rake and fees for Delaware Park totaled $29,267 in May, a 15.4% drop from the $34,590 of the previous month. Dover Downs experienced the steepest revenue decline of 40.8%. May’s ipoker revenue total of $6,212 was a disappointment after $10,675 was collected at Dover Downs in April.
Revenue Increase in Online Gaming
Online gaming revenue that includes poker, casino games and the video lottery showed a slight increase month-over-month in Delaware. The First State’s three gaming operators collected $133,697 last month, which was 1.2% higher than April’s $132,154.
The roles were completely reversed with regard to the individual sites and their respective online poker revenue totals in comparison to igaming. Harrington Raceway was the only site that experienced a decrease in May igaming revenue when $20,759 was taken in – a 26.4% dip from $28,190 the previous month.
Online gambling revenue at Dover Downs was recorded as $39,620 last month, bettering April’s $35,296 by 12.3%. Delaware Park’s month-over-month increase was 6.8% from $68,667 to $73,316.
New Signups Jump
A total of 318 players registered new accounts at Delaware igaming sites last month, the highest number since 396 did so last September. The increase was 51% over the 210 players who signed up anew in April.
It is safe to say that the latest batch of new players are more interested in video lottery and online casino games than ipoker. The revenue totals certainly bear that out.
Of the 318 new registrants, 127 players signed up at both Dover Downs and Delaware Park, while 64 chose Harrington Raceway. Keep in mind that some players may register and play at more than one site, and many likely do.