Delaware has just released its iGaming revenue for July at over $5.1 million. This shows a slight increase from the month of June, which had a revenue of over $5 million, while in May, the revenue for iGaming was at more than $3.8 million.

Delaware's online casino industry continued its upward trajectory in July, posting a modest increase in total net gaming revenue (NGR) following a surge in June. According to data released by the Delaware Lottery, the state's net gaming revenue for July reached $5,193,734, up from $5,027,201 in June. While the month-over-month increase wasn't as dramatic as the June spike, it still signifies healthy growth in the state's online gaming sector.

This continued rise follows a substantial jump in net gaming revenue from May to June. In May, Delaware's online casinos netted $3,896,433 in NGR, showing the significant gains made over the subsequent months. The sustained growth in July stresses the resilience and growing popularity of online gaming in Delaware.

Delaware Park dominates

Delaware's online gaming sector is managed by the Delaware Lottery, which runs three online poker sites and three online casinos, alongside the state lottery. Among the online casinos, Delaware Park once again emerged as the top performer in July, contributing $2,851,216 to the state's total NGR. This marked a significant share of the total, with the remaining revenue split between Harrington Raceway & Casino, which generated $1,232,776, and Bally's Dover Casino, which contributed $1,018,743.

Delaware Park's strong performance can be attributed to several factors, including its seamless integration with Rush Street Interactive's (RSI) BetRivers platform, which Delaware Lottery officially transitioned to in January. This move, which was part of a broader effort to modernize and enhance the state's gaming offerings online, has provided players with a revamped selection of online casino games and a wider array of withdrawal and deposit options.

The transition to RSI's platform followed a public Request for Proposal (RFP) process, which saw RSI taking over from 888 Holdings, the previous platform provider. The introduction of the BetRivers platform has been credited with driving user engagement and boosting the performance of Delaware's online casinos, particularly Delaware Park.

Speculation around DraftKings and RSI

As Delaware's online gaming market continues to grow and expand, industry speculation is growing about potential mergers and acquisitions that could further reshape the DE landscape. Recent reports from Earnings + More suggest that DraftKings, one of the biggest names in sports betting and online gaming, might be eyeing a potential acquisition of RSI. If such a move were to materialize, it could have significant implications for Delaware's online gaming market, particularly for the casinos operating on the BetRivers platform.

While these rumors remain unconfirmed, the possibility of a DraftKings-RSI deal is something that everyone is closely monitoring. A successful acquisition could bring additional resources, technological advancements, and marketing power to Delaware's online casinos, potentially fueling further growth.

Fiscal Year 2024 ends on a high note

The end of July also marked the close of Delaware's 2024 fiscal year, with total net gaming revenue reaching $31,935,265. This impressive figure shows the steady growth and increasing popularity of online gaming within the state. The transition to RSI's platform and the introduction of new gaming options have resonated with players, helping drive these revenue gains.

As Delaware enters the new fiscal year, the state's online gaming industry appears poised for continued success. With strong performances from key players like Delaware Park and ongoing industry developments (including the prospective involvement of major players like DraftKings), the future of online gaming in Delaware looks promising, growing at a steady pace.