$73,971.82 Collected in Poker Rakes and Fees in February

Published on March 15th, 2014 1:54 am EST

Earlier this week, the Delaware Lottery published their Igaming Net Proceeds report for the month of February.

Delaware's newly opened online gaming market has been underwhelming so far. In the month of February, Delaware's three online gaming operations (Delaware Park, Dover Downs, Harrington) collected $166,454.76 in revenues, up slightly from the $145,276.23 that was posted the month before.

Here is the breakdown of the February revenues:

Table Games - $64,986.14
Video Lottery - $27,496.80
Poker Rake & Fee - $73,971.82

The $73,971.82 in poker rake and fees that Delaware's three online gaming firms collected in February was the second lowest total posted since the market opened in late 2013. Only November 2013 (the first month of online gaming in the state) was lower ($67,928.42).

The number of monthly online gaming registrations in the state slipped to an all-time low in February, as just 693 new registrations were posted for the month. Let's see how this compares to previous months:

November, 2013 - 2,654
December, 2013 - 1,336
January, 2014 - 1,006
February, 2014 - 693

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Delaware Park contributed the most to the overall revenue total for February, as they contributed $112,437.60 in net revenues on the month. This compares to the $40,007.87 that was posted by Dover Downs and $14,009.29 that was posted by Harrington.

Delaware Park got off to a strong start in November, as 1,480 of the total 2,654 statewide sign-ups were made through their operation. While Dover Downs has closed the registration gap considerably over the past number of months, Delaware Park continues to enjoy a significant revenue advantage.

Source: Delottery.com - Igaming Net Proceeds Report for February

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Filed Under: Online Poker Rooms