March Sees a 28% Increase in Online Gambling Revenue for Delaware Casinos
March Sees a 28% Increase in Online Gambling Revenue for Delaware Casinos
The month of March has brought good news for the Delaware casinos, as they have seen a 28% increase in online gambling revenue. This is a significant increase, especially considering the ongoing pandemic and the restrictions that have been put in place to curb its spread.
The Delaware Lottery, which regulates online gambling in the state, reported that the three casinos in Delaware generated a total of $1.1 million in online gambling revenue in March. This is a significant increase from the $860,000 generated in February and the $763,000 generated in January.
The increase in revenue can be attributed to several factors. First, the ongoing pandemic has forced people to stay at home, which has led to an increase in online gambling. Second, the casinos have been offering more promotions and bonuses to attract new players and retain existing ones. Finally, the introduction of new games and features has also contributed to the increase in revenue.
The Delaware Lottery has been working hard to ensure that online gambling is safe and secure for players. The state has implemented strict regulations to ensure that only licensed operators can offer online gambling services. The lottery also requires operators to use advanced technology to protect players’ personal and financial information.
The increase in online gambling revenue is good news for the state of Delaware, as it provides much-needed revenue for the state’s budget. The state collects a 100% tax on all online gambling revenue generated by the casinos, which is used to fund various programs and services.
In conclusion, the increase in online gambling revenue for Delaware casinos is a positive development for the state. It shows that online gambling can be a lucrative industry, especially during these challenging times. However, it is important to ensure that online gambling is regulated properly to protect players and prevent problem gambling. The Delaware Lottery has done an excellent job in this regard, and other states can learn from their example.