Analysis

Drop in revenue for Delaware and Mississippi

Both states experience drop in revenue in November in large part due to lack of online options and remote registration.

Delaware experienced a drop in online gambling revenues for the sixth consecutive month in November.

Amounts wagered were down to an eight-month low of $16.4m during November, a drop of nearly 8% on October and the lowest figure since the $16.3m handle of March.

Since a record $29.5m was played online in May – when the state’s three casinos were closed from mid-March until 1 June – Delaware has seen six straight months of contraction.

Net gaming revenue of $568,000 was down 11.9% on October, but up 51% on November 2019.

No mobile or remote registration

Although Delaware allows for in-person betting at the state’s three casinos, it has not regulated mobile betting or remote registration.

The state is therefore missing out on significant levels of activity from sports bettors.

The fact that it also neighbors Pennsylvania and New Jersey means residents can drive a short distance across state borders to bet on sports and casino games.

Delaware players can wager at the state’s three casinos and the Delaware Lottery also operates an online gambling monopoly.

This means the choice, variety and promotion levels are not as high as in other more competitive states.  

Mississippi coastal dominance  

Mississippi has a similar regulatory model to Delaware and its casinos recorded betting revenues of $8.1m, a drop of 8% on October.

Handle was $54.4m, which was a drop of 11% on the $61.2m recorded in October.

Coastal casinos recorded $4.4m in revenue and Mississippi bettors spent $35.9m on sports betting at those establishments. NFL took the lion’s share of the spend at $26.2m.

Revenue from the state’s northern casinos reached $2.1m, with players spending a total of $10.4m on sports wagering.

Casinos in the central part of the state booked revenues of $1.6m during November.

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Jake Pollard

Jake Pollard is an experienced journalist and editor who has covered the online gaming and betting industry for many years. He has written for the leading media outlets as well as operators and suppliers in the igaming space. His current areas of focus are wide-ranging and include regulatory developments in the US, emerging markets in South America and how European countries are adapting to a decade of igaming regulation.

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