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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 :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
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