Online Poker Revenue Stays Steady in October, Numbers Mostly Unchanged But Strong

US online poker revenue still is strong and showing potential for growth among regulated states. Overall revenue saw a small decline in October in some regulated states, but overall revenue numbers remain strong.

Overall, online gaming is also up in regulated markets. For online poker, partypoker , PokerStars , and WSOP.com are pushing out monthly promotions to attract players. Currently legalized states include: New Jersey

Pennsylvania

Michigan

Nevada

Delaware

New Jersey online poker continues hold its own

Garden State online poker operators accounted for $2.4 million once again in October, according to the New Jersey Division of Gaming Enforcement (NJDGE). These numbers have been consistent since August.

There are currently three online poker operators: WSOP.com/888poker partypoker US Network (including Borgata Poker and BetMGM skins) PokerStars Partypoker held the top spot in the state for the second month in a row after overtaking WSOP.com. The platform reported $933,471 in October, slightly down from the $1 million reported in September.WSOP.com came in second with $874,997 , about a 9% increase from September’s $804,887. The site continues running monthly promotions such as the popular WSOP Circuit ring series.WSOP.com remains the only operator offering shared liquidity with Nevada and 888poker in Delaware.PokerStars took about a 5% drop month over month with revenue of $623,893 .On the brick and mortar side, currently three live poker rooms are open in Atlantic City including: Borgata (offers weekly tournaments) Harrahs Tropicana NJ online gaming on the rise October proved successful again for the Garden State. Online casino gaming in general accounted for $127 million , a 35.9% increase over the $93.5 million a year ago.The Borgata/BetMGM brand continues to grow and dominate the market. The operator remains in the top spot for the eighth straight month.BetMGM set another new record and took in $38.8 million with Golden Nugget in second place with $34.4 million . Resorts continued trending upward and came in third with $29.2 million.Total gaming taxes overall for the month were $45.8 million . Gaming taxes represent 8% of taxable casino gross revenue and 15% of Internet gaming gross revenue. Pennsylvania online poker takes a slight […]

Click here to view original web page at www.uspoker.com

Leave a Reply

Your email address will not be published. Required fields are marked *