Delaware Casinos Report $36.4M in September Revenue, Down 21% Year-on-Year
Expertise: US Gaming, European Gaming Industry, iGaming
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According to figures published by the Delaware Lottery, all three properties posted double-digit year-over-year drops, with video lottery terminals (VLTs) and table games both contributing to the downward trend.
VLT revenue across the state fell to $32.3 million from $41.2 million a year earlier, a 21.3% decrease. Table game receipts also weakened, sliding 20.7% from $5.1 million to $4.1 million.
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Delaware Park in New Castle generated the most revenue in September at $15.3 million, but still posted a 16.3% decline from $18.3 million the previous year. Its VLTs produced $13.1 million, off 17.8% year-over-year, while table games accounted for $2.2 million, down 6.3%.
Bally’s Dover recorded the largest percentage fall. Revenue at the Dover track dropped 28.1% to $11.9 million from $16.6 million a year earlier. VLT took a fall of 27.3% to $10.8 million, and table games plunged 35.2% to $1.2 million.
Harrington Casino posted the smallest top-line of the three, with $9.2 million in September revenue, an 18.9% decline from $11.3 million a year prior. Both segments were lower: VLTs declined 18.1% and table games dropped 27.8%.
Industry observers say the fall in brick-and-mortar receipts is consistent with pressures facing regional casinos: persistent economic headwinds, continuing shifts to online gambling and sports betting in neighboring jurisdictions, and competition for discretionary entertainment spend. For Delaware, declines at the casinos have knock-on effects for state tax receipts and related funds, including racing purses and local employment.
Delaware online casinos and the Delaware Lottery typically monitor monthly variations closely; any extended weakness could prompt promotional measures, changes to floor mixes or additional investment in non-gaming amenities to recapture customer traffic. Market watchers will be watching subsequent monthly reports and the upcoming holiday quarter to see whether September represents a temporary dip or the start of a longer trend.
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