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Delaware’s three online casinos have been averaging roughly $215,000 per month in revenue in recent years, which places them firmly in 100% tax territory. With Delaware’s casinos making exactly nothing from online gaming, they have little incentive to upgrade their platforms or invest much in marketing. For example, New Jersey fosters a competitive and healthy online gaming environment that produces sizable tax revenues every year. Each of the state’s land-based casinos is permitted to run multiple gaming sites that compete with one another. This in turn pushes casino operators to innovate and work that much harder for customers. For example, IGT offers slots that cover renowned brands like Wheel of Fortune and Monopoly.
Like the other major US casino operators detailed on this page, Boyd gaming focuses on the regulated online gaming market. Boyd Gaming has separate partnership agreements in place with FanDuel and MGM Resorts to pursue online gambling and sports betting opportunities in the US. New Jersey, Delaware, and Nevada all moved quickly to draft and implement laws governing online gambling. New Jersey and Delaware legalized online casinos and poker sites while Nevada opted to legalize online poker only. Even as online gaming tax revenue has increased in recent years in New Jersey, so too has tax revenue from land-based operations. New Jersey serves as a great case-in-point that online casinos can benefit state coffers without cannibalizing land-based casino revenue.
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