Home Online poker Online poker in the United States, iGaming’s revenue figures remain strong

Online poker in the United States, iGaming’s revenue figures remain strong

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online poker revenues rose month over month in most states legalized in July. The industry continues to show potential in new markets and achieve Year after year growth.

PokerStars, BetMGM/partypoker US and WSOP.com continue to offer monthly tournament series alongside cash game promotions. In the United States, online poker is currently live and legal in the following states:

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New Jersey Online Poker Shows Growth

Garden State’s online poker sites have continued to earn over $2 million over the past few months. In total, the state provided $2.2 million, up slightly from June’s $2.1 million. The New Jersey Gaming Enforcement Division (NJDGE) reports monthly on state results.

New Jersey currently has three online poker operators, including:

  • WSOP.com/888poker
  • BetMGM (including Borgata Poker and partypoker US skins)
  • PokerStars

WSOP.com held the top spot again in July for the third month in a row. The site saw a month-over-month increase and attracted $997,213, down from $960,162 in June. The site benefited from online circuit series events and bracelets throughout the summer. The site’s large online events have attracted large fields.

The big shakeup came in second place. PokerStars overtook BetMGM for second slot by reporting $662,439 for July.

BetMGM came third for the month after reporting $617,620. The site recently announced its new KnockOut Series for August.

In New Jersey’s live poker scene, only three rooms are open in Atlantic City including:

  • Borgata (offers weekly tournaments)
  • Harrah
  • Tropicana

No casino has yet announced plans for guaranteed multi-day live events. However, there are rumors that PokerStars may return with a live series at Resort Casino.

BetMGM iGaming hits $40 million mark again

New Jersey Online Casinos Reported $136.7 million in the turnover for July, a 15.2% increase year by year. The BetMGM/Borgata casino brand has reached over $40 million in consecutive months.

The company reported $42.3 million in global iGaming for the month. The site has remained No. 1 in the state for 16 consecutive months.

Gold nugget again made a small dip but remained second with $34.5 million. Resorts took third place with $30.4 million.

According to the NJDGE, the overall gambling revenue reported by the casino, racetracks and partners was $480.7 million for the month. Year-over-year, that’s a 6.7% increase from $450.6 million in July 2021.

Gaming taxes account for 8% of gross taxable casino revenue and 15% of gross Internet gaming revenue.

The US online poker market received good news on Monday with WSOP.com announcing a launch in Pennsylvania on July 12th.

Pennsylvania Online Poker Leads the Nation

Keystone State is the number one place in the United States for legal online poker. Pennsylvania reported another month-over-month increase in poker revenue. The sites represented $2.7 million in July, according to Pennsylvania Gaming Control Board (PGCB). The Commonwealth currently has three online poker choices:

PokerStars is the best site in the state and has brought $1.6 million for July. WSOP.com has seen a small growth in the number of $744,141. The platform is not part of the combined New Jersey and Nevada player pool.

WSOP.com recently announced the $400,000 Online Summer Championshipswhich also take place in Michigan in August. BetMGM came third but saw monthly growth with $383,555.

iGaming record of $98 million reached in PA

The PGCB launched the new financial year with impressive results iGames Numbers. The state reported $98.5 million in total gross revenue.

The combined total state revenue generated from all forms of gambling as well as fantasy contests in July was $429 million. This is a 1.3% increase over revenue generated in July 2021.

PA poker room tournament, mega bad beat pressure jackpot

Pennsylvania tournament players have live picks in August. Also, Pittsburgh Rivers has a current record bad beat jackpot sitting at over $1.2 million.

Here is an overview of the live poker rooms open in Pennsylvania that are currently open:

  • Parx Casino
  • Mohegan Sun Pocono
  • Mount Airy Casino Resort
  • Rivers Casino Philadelphia
  • Rivers Casino Pittsburgh
  • Meadows Racecourse and Casino
  • Philadelphia Live Casino
  • Wind Creek Bethlehem
  • Pittsburgh Live Casino

Online Poker and iGaming Set Records in Michigan

Michigan online poker continues to grow in an expanding iGaming market. According to Michigan Gaming Control Commission (MGCB), Wolverine State Online Casinos have introduced $136.9 million revenue for July, setting a new record monthly total.

Online poker revenue is not reported separately, but shows the potential of the game in the state. The report includes the combination of poker and online games. There are now three online poker operators including:

No official word has yet come about Michigan joining the interstate pact with Nevada, New Jersey and with 888poker in Delaware.

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Prospects for poker in Michigan are good

BetMGM, PokerStars and WSOP.com continue to produce strong tournaments in Michigan. Revenue numbers are also strong. Online games July gross receipts were $126.6 millionup 4.2% from the $121.5 million reported in June.

Online poker revenue is not reported separately, so the number is reflected in the combined iGaming results. The interstate pact with Nevada and New Jersey has not yet been launched, so there remains an encircled poker market.

BetMGM and FanDuel continue to occupy the first and second place in online games. BetMGM reported $48 million and FanDuel saw $18.5 million.

Gaming operators generated a total of $24.9 million in tax revenue and local share for the state, including:

  • Internet gambling taxes and payments – $24.1 million
  • Internet sports betting taxes and payments – $386,187

Several Michigan brick-and-mortar live poker rooms are open, including:

  • MGM Grand Detroit
  • Motor City Casino
  • Greek Town Casino
  • Odawa Petoskey Casino
  • Fire Keepers Casino
  • Island resort and casino

Casinos such as Keepers of the Fire attract players to Michigan poker rooms via major tournaments. The casino recently announced a $1 million guarantee USA Poker Tour event in October.

Delaware poker and iGaming see the best month of 2022

In July, online poker in Delaware had its best month of 2022. The state saw month-over-month growth and reported $43,943 in July, slightly above June’s $43,121.

For the fifth month in a row, the state reported online gaming revenue of more than $1 million. According to the Delaware Lottery, iGaming showed a network of more than $1.25 millionthe best of 2022. New player registrations also reached a new high of 1,174.

In Delaware, 888poker operates three different skins in partnership with Delaware Racetrack Casinos, including:

  • Delaware Park
  • Bally’s Dover
  • Harrington Casino and Racecourse

Delaware Park again took the top spot and showed its best month of 2022. The operator brought in $28,228 in July and held the top spot every month this year.

Delaware Park is the only open live poker room in the state and currently offers player bonuses for high hands.