Home Online poker Online poker revenue holds steady ahead of summer months

Online poker revenue holds steady ahead of summer months

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April earnings reports were promising across the board for the regulated U.S. online poker the operators. Online poker revenue reports showed consistency, staying close to March’s strong numbers.

PokerStars, partypoker american networkand WSOP.com are planning big summer tournaments with plenty of action in store for online players. In the United States, online poker is currently live and legal in the following states:

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New Jersey Online Poker Hits $2 Million Mark

In total, Garden State online poker sites published $2.2 million in April. The New Jersey Division of Gaming Enforcement (NJDGE) reports state results monthly.

The industry lost about $300,000 from March numbers. New Jersey currently has three online poker operators, including:

The Partypoker network has been the number one poker operator for three consecutive months. The company reported $805,128 for April, compared to $981,831 the previous month.

The operator recently launched the BetMGM Poker Championshipwhich is heading towards Aria in Vegas in June. The company is currently hosting satellites in each state, awarding up to 15 tournament packages in each state.

WSOP.com also saw a small month-over-month decline, reporting $788,798. Until Michigan joins the ranks, the site remains the only operator offering shared liquidity with Nevada and 888poker in Delaware. No updates have yet been released on a merged Michigan market.

The site pushes its monthly Online circuit series. All eligible circuit winners get a spot in the $1 million freeroll Tournament of Champions event, scheduled for July 18.

PokerStars has seen monthly growth in the state. The stars showed $661,006 for April, compared to $641,860 in March. The growth was a reflection of the popular Spring Championship of Online Poker (SCOOP) series. Currently, PokerStars runs the Bounty Builder Series in its three markets.

In New Jersey live poker stage, only three theaters are open in Atlantic City, including:

  • Borgata (offers weekly tournaments)
  • Harrah
  • Tropicana

No plans for guaranteed multi-day live events have been announced.

NJ Online Gambling Maintains Strength

April once again showed strong numbers for New Jersey online casinos and their partners, reporting $136.9 million In income. It’s a 27% increase compared to the same period last year.

The Borgata/BetMGM brand has been king for 14 consecutive months. BetMGM continues to be the best operator in the state and has shown $39.9 million for the month.

Gold nugget closely followed with $38.1 million. Resorts again held on to third place and posted $29.1 million.

According to the NJDGE, the overall gambling revenue reported by the casino, racetracks and partners was $422.5 million for April. That’s a 20% increase from $352.2 million in April 2021.

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

PA Online Poker Ends Just Under $3 Million But Sets Game Record

Pennsylvania continued to hold the top US state for online poker revenue and was also up 22% year over year in iGaming. Keystone State reported poker revenue of $2.9 million for April, down a bit from March’s $3.2 million.

The Commonwealth currently has three online poker choices:

  • PokerStars
  • partypoker US Network via Borgata Poker and BetMGM skins
  • WSOP.com

PokerStars remained roughly even for the month, reporting $1.8 million. Stars partners with Mount Airy Casino and continues to be the leading operator in the state.

WSOP.com, partner of Harrah’s Philadelphia, was down from the $918,959 reported in March. For April, the site posted a total of $770,756.

The platform is not part of the combined New Jersey and Nevada player pool. The site continues to offer monthly online circuit series each month and will also be hosting online bracelet events this summer.

Partypoker US Network (BetMGM/Borgata Poker) is a common pool of players via partners Casino of the rivers and Penn National. The company was down slightly for the month and showed a result of $257,019.

Internet gaming in Keystone State has broken another record. The Pennsylvania Gaming Control Board (PGCB) reported aggregate revenue of $113 millionwhich broke last month’s record of $110 million.

Total March gaming revenue (online and live) was $461.6 million. The state recorded annual growth of 14.2%. According to the PGCB, April iGaming taxes alone were $47.2 million.

PA Poker Rooms Host a Series of Live Tournaments

Pennsylvania tournament players continue to see guaranteed big monthly tournaments. Here is an overview of live poker rooms open in Pennsylvania:

  • 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

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Online gaming and poker thrive in Michigan

Michigan online poker continues to grow in the state. the Wolverine State broke another iGaming record in April. According to the Michigan Gaming Control Board (MGCB), online casinos and poker have introduced $132.4 million In income. That broke the previous monthly record of $131 million in March.

Online poker revenues are not reported separately, the report includes the combination of poker and online games. There are now three online poker operators in the state, including:

  • PokerStars
  • BetMGM (part of the American partypoker network)
  • WSOP.com

BetMGM also hosts satellite seat giveaways in Michigan. Players can win a place in Las Vegas this summer.

PokerStars finished the very first MISCOOP series and now also runs a Bounty Builder series. WSOP.com has launched the state’s first series of online circuits and is already attracting some great pitches. The site continues to hold monthly circuit events.

In other Michigan iGaming news, BetMGM had its best month yet and showed gross receipts of $49.9 million. FanDuel posted $21 million.

Total gaming operators produced $24.7 million in tax revenue and in local share to the State of which:

  • Taxes and Payments on Internet Gambling – $24.3 million
  • Taxes and Payments on Internet Sports Betting – $944,006

Several Michigan brick-and-mortar live poker rooms are open at casinos across the state, including charity rooms:

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

The Mid-States Poker Tour also recently announced a stop at FireKeepers in Battle Creek. The series offers a guaranteed million dollar event in May.

Delaware poker revenue, iGaming hit $1 million again

Online poker in first state reached $35,051 for online operators, down slightly from March’s $36,050.

For the second month in a row, the state reported online gaming revenue of more than $1 million. According to Delaware LotteryiGaming showed a network of more $1.2 million. New player registrations were strong with 841 in March.

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 experienced monthly growth with a report of $20,165. The online poker site continues to hold the top spot each month in the state for online poker for 2022.

Delaware Park is the only live poker room open in the state and is currently looking for dealers. The property offers $500 signing bonuses for those who can cast cards.