While gambling revenue in Pennsylvania continues to soar, online poker is hanging steady in the gambling slipstream. While online poker revenue remains steady, gambling revenue in Pennsylvania soars as high as the hang gliders at the state’s Hyner Run Park. (Image: facebook/Hyner Hang Gliding Club) According to the Pennsylvania Gaming Control Board’s report for October, gambling revenues hit a record-high of $425,916,762, beating the watermark set in July by $3 million.
Out of that, the four online poker rooms pulled in $2.8 million, a blip down from $2.92 million they generated in September.
BetMGM and Borgata, which operate using PartyPoker’s software, saw slight increases while WSOP and PokerStars’ revenue slightly declined from September . Pennsylvania online poker revenue – October 2021
PokerStars: $1,855,834 (-100K)
WSOP.com: $587,311 (-$16K)
BetMGM: $303,110 (+$32K)
Borgata: $108,068 $93,775 (+$14K)
The WSOP’s October revenue was affected by unmet guarantees in more than a dozen tournaments spread in its Fall Online Championship Series. The shortfalls forced the operator to add more than $285K to prize pools throughout the month. The same series also ran on WSOP.com in New Jersey and Nevada, which share player pools with one another, and whose tournaments met all but one of their guarantees.
It’s the third full month with all four poker rooms operating. PokerStars had a monopoly from November 2019 until Borgata and BetMGM went live in the Spring this year, followed by WSOP in July.After gambling revenue surpassed the $400 million mark in July, Pennsylvania Gaming Control Board Executive Director Kevin O’Toole said he expects the trend to continue thanks to online table games and slots, which passed $70 million in revenue itself. 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, $2.8 million The online gaming revenue total for October, which includes online poker but not online sportsbooks, hit $103 million across 10 casinos— a 72% increase compared to October 2020. Four brick-and-mortar casinos are partners with the state’s online poker sites, including Hollywood Casino […]
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