PA Online Poker Market Riding High on the Back of New Site Launches – Agora Poker

PA Online Poker Market Riding High on the Back of New Site Launches

PA Online Poker Market Riding High on the Back of New Site Launches

PA Online Poker Market Riding High on the Back of New Site Launches. WSOP PA has been the main force behind Pennsylvania’s boosted online poker revenue, growth that would be greatly amplified if PA joined interstate poker. The Pennsylvania online poker market had one of its best months in recent history in terms of total revenues.

Revenue figures released this week by Pennsylvania Gaming Control Board ( PGCB ) show that the four licensed online poker rooms in the Keystone State combined posted $3.24 million in March 2022, up 35% year-over-year . Last verified: May 2022

While PokerStars PA — operating under the Mount Airy license — continues to hold a commanding lead in the market, the addition of two new poker networks in 2021 — WSOP PA and the combination of BetMGM Poker PA and Borgata Poker PA — are actually the main driving force behind the annual growth.

PokerStars with a market share of 60% posted $1.94 million in March, down 19% on an annual basis. The World Series of Poker brand, under the Caesars license, however, has been the main highlight of the market lately.

In March, the WSOP brand grew to $919k in revenue — its highest since it launched in the market nine months ago and the fifth consecutive month of growth. It now claims a market share of 28% — its best outside the anomalous February which saw the PokerStars USA network impacted by a long site outage.

In fact, WSOP PA posted higher revenues than what the brand generated in New Jersey where the operator has been active for nearly a decade.

Meanwhile, the pair of BetMGM Poker and Borgata sharing the same player pool (powered by partypoker US Network) but under different licenses reported $381,227, capturing a market share of almost 12%. Since the network’s launch in the state , the duo has been pretty much flat. PA Online Poker Operators Revenue First Three Months of 2022

PokerStars PA $2,238,011 $1,639,871 $1,940,011 BetMGM PA and Borgata PA (Combined) $345,390 $363,001 $381,227 WSOP and BetMGM’s Growth Additive Rather than Cannibalizing PokerStars

While it may appear that […]

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