US Online Poker Revenue Results Mixed in August

The United States igaming market has been growing, mostly in the area of sports betting. A handful of states legalized online casinos and/or online poker in the past decade as well. While those markets have shown internet gaming’s worth in many ways, especially during the pandemic, the online poker sector remains a small and underdeveloped part of the industry.

This is obvious with every month’s revenue reports from state-regulated online poker markets. Online casino growth is consistent and usually impressive, which pushes igaming forward. Meanwhile, the tasks necessary to connect online poker sites across state lines and show the game’s potential remain undone.

So, once again, the US-regulated online poker market was a mix of ups and downs in August. There were some boosts due to the long-awaited launch of the WSOP site in Pennsylvania and the WSOP bracelet events available there. And that was the highlight of the month for poker followers. Delaware: August 2021

The Delaware Lottery revealed a drop in online poker revenue monthly, not to mention a very significant yearly decrease. The yearly numbers have been and continue to be expected, to some degree, due to the return of land-based gambling after the pandemic. The monthly numbers are tougher to explain. –August 2021 online poker rake & fees: $32,332.17

–July 2021 online poker: $33,308.95

–August 2020 online poker: $54,584.02

Month-on-month: 2.9% decrease

Year-on-year: 40.8% decrease Even so, the monthly and yearly numbers grew for the igaming market as a whole due to fairly consistent positive results from the video lottery sector. –August 2021 igaming revenue: $945,512.49

–July 2021 igaming: $793,017.16 –August 2020 igaming: $808,623.37 Month-on-month: 19.2% decrease Year-on-year: 14.5% decrease New customer registrations rose slightly by 1.4% from July to August, but the year-on-year growth in registrations was 68.9%. That was a surprising number due to the pandemic surges setting such a high bar. Michigan: August 2021 Since this is the first year that Michigan has regulated and licensed online casinos and poker, the state decided to lump that revenue together. While most states separate online casino […]

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