Center for Gaming Research
 
UNLVGamingReseach on Facebook UNLVGaming on Twitter
UNLV
Delaware Gaming Summary

Background

Delaware has a state lottery, pari-mutuel betting on horse-racing, and wagering on slot machines at racetracks and slot parlors.

Casino Gaming: Video Lottery at racetracks (racinos)

Development: Since December 1995, when Video Lottery operations began at Delaware Park and Dover Downs, the Lottery's ability to contribute to the General Fund has increased significantly. Delaware Park and Dover Downs each now have over 3,100 Video Lottery machines. Harrington Raceway, which has been operating since August 1996, now has over 2,000 Video Lottery machines. Since its start, the Delaware Video Lottery has contributed more than 2 billion to the General Fund.

Regulation: Video lottery terminals are overseen by the Delaware Lottery.

Taxation: Effective tax rate: 37% paid to state general fund, plus 11% towards increasing the size of the horse race purses.

In 2009, the state approved sports betting (parlay) and table games at racinos.

Currently, there are 3 licensed slot/casino operators in the state: Dover Downs, Delaware Park, and Harrington Raceway.

Lottery

Development: The Delaware Lottery was established by an act of the General Assembly and signed into law on July 31, 1974. The first weekly tickets were sold in October 1975. The lottery is charged with maximizing revenue contributions to the State's General Fund, thereby helping to fund the delivery of governmental services to the people of Delaware.

Beneficiaries: The Delaware Lottery contributes its profits to the State General Fund. Since 1975, more than 3 billion has been transferred to the General Fund from Lottery proceeds. In fiscal year 2009, the Lottery's contribution was 248 million, making it the state's fourth-largest revenue generator. The Lottery's contributions to the General Fund help to pay for vital state services that would otherwise require funding through additional tax dollars

 

For more information:

Delaware Lottery 

Delaware Video Lottery

Delaware Thoroughbred Racing Commission

Delaware Harness Racing Commission

Delaware Gaming Control Board

Video Lottery Revenue Data (Calendar Year)

 

Year
Slots
Wagers
Payouts
Revenue
Hold%
1996
2,498
2,189,773,111
2,005,394,700
184,378,411
8.41%
1997
2,580
3,581,620,700
3,282,715,600
298,905,100
8.34%
1998
2,982
4,198,141,600
3,847,320,400
350,821,200
8.35%
1999
4,070
4,968,902,000
4,556,408,700
412,493,300
8.30%
2000
5,151
6,023,213,700
5,538,109,400
485,104,300
8.05%
2001
5,277
6,503,362,200
5,976,722,300
526,639,900
8.09%
2002
5,430
6,955,428,400
6,389,518,500
565,909,900
8.13%
2003
5,683
6,197,751,200
5,695,751,500
501,999,700
8.09%
2004
6,435
6,777,325,400
6,224,006,700
553,318,700
8.16%
2005
6,581
7,093,571,500
6,514,125,500
579,446,000
8.16%
2006
7,360
7,974,701,500
7,322,967,700
651,733,800
8.17%
2007
7,448
8,095,144,200
7,482,737,100
612,407,100
7.56%
2008
8,327
7,618,504,200
7,029,581,200
588,923,000
7.73%
2009
7,523
7,404,297,400
6,840,058,100
564,239,300
7.62%
2010
7,173
6,817,733,359
6,284,886,649
532,846,710
7.82%
2011
6,898
6,096,941,200
5,622,936,200
474,505,000
7.77%
2012
6,595
5,636,825,200
5,189,067,500
447,757,700
7.94%
2013
6,508
4,855,412,200
4,481,415,800
373,996,300
7.70%

This chart has information on the total number of slot machines as of the end of the year in question, total amount wagered (slot drop), total payouts to winners, gross slot revenues, and the average hold percentage.

Table and Total Revenues (Calendar Year)

 

Year
Tables
Wagers
Payouts
Revenue
Hold%
Total AGR
2010
112
214,298,768
175,769,927
38,528,843
17.98%
571,375,553
2011
121
372,846,805
298,997,403
73,867,405
19.81%
547,872,405
2012
117
380,157,937
307,366,752
72,791,188
19.15%
520,548,888
2013
117
292,089,236
234,027,101
58,062,138
19.88%
432,058,438

This chart has information on the total number of tables as of the end of the year in question, total amount wagered (handle), total payouts to winners, adjusted gross revenues, the average hold percentage, and the total Adjusted Gross Revenues for both VLTs and slots..

Total Lottery Revenue Data (Fiscal Year)

 

Year
Total Sales
Total Cost of Games
Cost %
Net Income
Net %
1994
100,654,819
53,408,779
53.0%
34,355,981
34.1%
1995
114,101,301
56,331,372
49.3%
43,250,000
37.9%
1996
188,913,769
120,311,806
63.4%
64,283,976
34.0%
1997
359,491,632
227,256,458
63.2%
127,809,245
35.5%
1998
447,394,580
277,791,958
62..0%
164,508,859
36.7%
1999
527,732,950
311,058,185
58.9%
209,129,367
39.6%
2000
556,618,927
311,542,423
55.9%
238,193,395
42.7%
2001
601,211,417
332,014,768
55.2%
261,891,202
43.5%
2002
674,048,792
372,787,866
55.3%
293,965,521
43.6%
2003
628,064,000
347,464,879
55.3%
274,223,567
43.6%
2004
640,925,267
351,384,231
54.8%
283,914,792
44.2%
2005
689,291,202
380,871,971
55.2%
301,228,333
43.7%
2006
727,992,948
403,347,125
55.4%
318,995,346
43,8%
2007
755,126,923
417,566,696
55.2%
331,016,219
43.8%
2008
742,260,464
412,006,967
55.5%
323,036,851
43.5%
2009
704,308,242
381,351,243
54.15%
316,047,940
44.87%
2010
689,652,449
343,862,671
49.86%
336,202,977
48.75%
2011
728,506,027
373,555,714
51.28%
343,895,743
47.21%
2012
714,303,281
373,878,198
52.34%
329,061,947
46.07%

2013

635,263,739
346,106,879
54.48%
277,795,889
43.73%

"Total sales" reflects all money wagered on the lottery in the fiscal year in question; from 1995 on, this includes money wagered on video lottery terminals. "Total Cost of Games" includes the total amount of prize money paid back to winners, vendor and video lottery commissions, and gaming vendor fees and costs. "Net Income" is the total revenue minus operating expenses and fees. Cost and net revenue percentages are taken from the total sales.

Powered by GamblingCompliance.com. For current information, visit GamblingData.com.

Delaware Gaming Timeline

1974: Delaware Lottery legalized

1975: First lottery tickets sold

1995:Video lottery terminals begin operation at Delaware Park and Dover Downs(racinos)

1996: VLTs begin operation at Harrington Raceway

2002: On May 31, Governor Ruth Ann Minners signs a bill banning smoking in, among other places, racinos

2009: On May 14, Governor Jack Markell signs legislation allowing sports betting and live table games (blackjack, craps, roulette, and poker)

2009: Delaware racinos begin offering parlay bets on professional football games

2010: Delaware racinos add table games.


Follow UNLVgaming on Follow unlvgaming on Twitter Twitter and UNLVGamingResearch on Facebook

© 2016 University of Nevada, Las Vegas. Do not copy or reuse without permission.


Last modified Tuesday, 27-May-2014 16:19:15 PDT