Another month, another gambling revenue record for Pennsylvania. But online poker revenue, a drop-in-the-bucket compared to the other streams, remains steady. Punters in Pennsylvania have pushed gambling revenue over the $400 million mark. (Image: nps.gov) According to the Pennsylvania Gaming Control Board’s report for November , gambling revenue hit a record-high of $432,493,349, beating October’s most recent watermark by nearly $6 million. Online poker revenue remains flat
The state’s four online poker rooms pulled in $2,754,681 last month, a blip down from the $2,854,323 they collected in October. Only WSOP.com saw an increase in revenue, while the rest of the sites didn’t match the previous month’s haul .
PokerStars, which enjoyed a monopoly as the only online poker provider until April, is experiencing the pains of competition. Last November, it brought in $2.4 million, but the site hasn’t broken the $2 million mark since June ($2,013,415).
One reason why online poker’s numbers may not be growing quickly — if at all — in Pennsylvania is because of the state’s geolocation rules , which limit the size of the total player pool by preventing players within the state’s borders from competing with players in other jurisdictions. Currently, only Nevada, New Jersey, and Delaware are part of a compact that allows their residents to play poker with each other online. Pennsylvania online poker revenue – November 2021
PokerStars $1,788,180 (-68K)
WSOP.com $648,623 (+$61K)
BetMGM $232,763 (-70K)
Borgata $85,114 (-$23K)
2021 Pennsylvania online poker revenue, by month January, $2.7 million February, $2.5 million March, $2.4 million April, $2.3 million May, $2.2 million June, $2.4 million July, $2.6 million August, $3.2 million September, $2.9 million October, $2.854 million November, $2.754 million Online revenue gap is wide Four casinos run the online poker sites: Hollywood Casino at Penn National partners with BetMGM, Rivers Casino with Borgata, Mt. Airy with PokerStars, and Harrah’s with WSOP. Except for Mt. Airy, online poker revenue is a trickle compared to what the companies pull in from other online streams. Online gaming revenue — All sources, November 2021 Slots Table games Poker Total revenue Hollywood Casino $22,973,883 $14,172,945 $232,763 $37 million […]
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