BetRivers brought Delaware something it hadn’t seen in more than a year.
Online poker revenue.
According to numbers released by the Delaware Lottery, which oversees online gambling in the state, BetRivers generated $53,609 worth of taxable revenue in June. Despite not launching until June 10, the figure more than doubles the final month of revenue from 888poker.
888poker left the state in late 2023 after losing the Delaware contract for online gambling. Rush Street Interactive, which owns and operates the BetRivers platform, won the contract and saw some traction since relaunching a poker product.
The numbers point to possible revenue of more than $70,000 in a full month if the trend continues. Delaware offers online through the state’s racetracks and Delaware Park was the top operator in June with 71% ($38,080) of revenue. That was followed by Harrington Raceway with 22% ($3,941) and Bally’s Dover at 7% ($11,588).
Delaware Numbers Come Admist Four-State Expansion
BetRivers launched online poker in Pennsylvania in November and added Michigan, Delaware, and West Virginia to the shared player platform in June. Company representatives have hinted that a launch in New Jersey could come later in the year, giving BetRivers the first platform covering five states.
The quick expansion recently included the platform’s first tournament series, which brought in almost 13,000 entries. Progressive knockout events are in the pipeline for BetRivers as well.
Rush Street bought Phil Galfond’s Run It Once online poker site in 2022. They used the software for the BetRivers platform. Then, earlier this year, the company signed Phil Hellmuth as a brand ambassador.
As a result, BetRivers leaned into the two titans of poker representing their site, including a promotional heads-up battle a couple months after their Pennsylvania launch.
Despite the increased revenue numbers, it will be interesting to see if the upward trend continues in the coming months and whether the surge is more about online poker simply returning to the state after an absence of about 18 months. However, Pennsylvania saw larger poker revenue numbers after it joined the Multi-State Internet Gaming Agreement in April.
Rush Street has also seen major gains for other forms of online gaming in Delaware, reporting $8 million in June. 888 previously reported about $1 million in monthly iGaming revenue.
Photo courtesy of Shutterstock
