The US internet gaming market is still growing. As many of the pandemic boosts begin to fade, most states had an initial realization period, realizing that people were free to leave their homes to gamble and find other entertainment again. Since then, though, igaming sites continue on an upward trend overall.
Online poker has reverted back to its pre-pandemic ways. After significant boosts during the lockdowns of 2020, online poker is back to an unsure place in the market. Half of the online poker states saw monthly revenue increases in September, and the other half did not.
There is still one standout reason for the inability for online poker to grow: the lack of interstate poker. After all these years, the only states signed on to the multistate online poker agreement are Nevada, New Jersey, and Delaware. And only WSOP.com is connected via that agreement. Pennsylvania has been running online poker for several years, and Michigan started this January. In addition, West Virginia and Connecticut legalized state-regulated online poker, but no operators have expressed interest in launching sites there.
The online poker market is stagnant – at best – until more states partner to make it work.
Let’s look at the September revenue numbers for each state. Delaware: September 2021
For the second month in a row, the Delaware Lottery showed significant drops in online poker revenue. In fact, the statistics for the month of September showed dips in almost every category monthly and yearly. –September 2021 online poker rake & fees: $27,134.00
–August 2021 online poker: $32,332.17
–September 2020 online poker: $51,403.61
Month-on-month: 16.1% decrease Year-on-year: 47.2% decrease Online table games dropped significantly from August to September. Video lottery and poker losses only added to that downturn. As for year-on-year numbers, video lottery revenue was the only one with a positive swing, cushioning the pain of the other decreases. –September 2021 igaming revenue: $794,644.33 –August 2021 igaming: $945,512.49 –September 2020 igaming: $840,146.49 Month-on-month: 16% decrease Year-on-year: 5.4% decrease Again, new customer signups rose, though only very slightly by 0.9% from August. Yearly, that […]
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