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Delaware Online Gambling Struggling
Tuesday February 25,2014 : ONLINE GAMBLING STRUGGLES IN DELAWARE
Low player liquidity a contributory cause for small growth?
The Delaware state lottery released online gambling statistics Monday, showing only small overall revenue growth of 3.7 percent in January to $145,276.
The numbers represent a dramatic drop from the 57 percent growth recorded in the period November - December, soon after the state legalised the pastime and opened up licensing and regulation.
Online poker accounted for just over 60 percent of revenues in January, and even that was down 17 percent on December stats, with NGR at $88,390 (December: $106,992).
Delaware has a relatively small population compared to New Jersey, where the latest regulator figures indicate that $9.5 million in online gambling revenues was achieved in January.
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Gambling News :
FanDuel adds English Premier League action -
Daily fantasy sports operator FanDuel, which is now additionally active in the UK market, has announced the inclusion on its roster of English Premier League action, with associated contests scheduled for roll-out next week.
Coral Q4-2016 earnings reports -
Ahead of its forthcoming merge with Ladbrokes, the online and land gambling group Coral published its Q4-2016 financial numbers Thursday, detailing the twelve week period ended September 25 2016.
Unibet in cooperation with -
Online gambling operator Unibet Group has signed a cooperation agreement with the FIFA subsidiary Early Warning System GmbH (EWS).
Kiron Interactive in deal with Digitain -
The online gambling expo and conference EiG 2016 has enabled two online gambling companies to come together in a commercial deal; specialist virtual games supplier Kiron Interactive has inked an agreement to distribute its virtual games via Armenia’s Digitain.
GLOBAL SPORTS BETTING WORTH $253.3 BILLION BY 2020 -
Ujjwal Doshi, lead analyst at the research firm, says, “Low-cost cross-border service delivery is opening up sports betting markets, which were previously protected by state-regulated monopolies or dominant local operators.”
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