online poker computer Operators of online poker in Pennsylvania just recorded their lowest collective monthly revenue since February 2020.
The state of West Virginia last week gained approval to enter the Multi-State Internet Gaming Agreement , a compact among states that will thus soon increase to five of them other than Pennsylvania that allow online poker across state lines.
Michigan’s entrance into that group has reportedly increased the volume of play substantially in that state and New Jersey this year as a result of PokerStars combining its player pools for shared liquidity in those two states, which are currently the largest by far in the MSIGA.
Put those three items together, and it sure sounds like iPoker operators would benefit from having still-bigger Pennsylvania join that compact, in addition to how it would help whatever percentage of 12.9 million Pennsylvanians would be interested in playing poker from home with like-minded residents of Michigan, New Jersey, Nevada, Delaware, and West Virginia.
But just if or when that might happen is anyone’s guess. It appears no closer today than when PokerStars launched the first online site in Pennsylvania in November 2019. The state now has four operators — PokerStars, WSOP , BetMGM , and Borgata — but essentially just three player options since BetMGM and Borgata share their platform.
The $2.35 million in revenue they collectively generated from rakes in October 2023 was 5.8% less than a year before, 17.5% less than in October 2021, and the lowest amount since February 2020, when only PokerStars operated.
For several years, the online poker volume in Pennsylvania has been stagnant or decreasing while overall online casino revenue has surged. It’s possible the only thing that could boost iPoker is to join with the other states, creating broader player pools that would enable a wider range of cash games at different times of day and denominations and more tournaments with higher prize payouts. It’s up to governor, not MSIGA or PGCB
Administrators of the MSIGA do not solicit additional states to join the existing ones — it is left up to each jurisdiction’s own elected officials.
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