After this, the state charges 62.5% taxes on all income. Revenue sharing in Delaware means that the first $3.75 million of all online gaming revenue goes straight to the state, with no profits going to the operator. The fact that there have been no new openings is down to simple numbers: Delaware has three established racinos (racetracks and casinos), and each already operates an online platform.īut why has there been a lack of innovation and development at the sites already established in the Delaware market? It's down to the exceptionally high tax rates and “revenue sharing” scheme. Not much has changed since online gaming became legal in 2012: the same three online casinos are operating and offering the same product as when they first launched in 2012. Offshore casinos and unlicensed gambling sitesĭelaware is somewhat of a stagnant market.
