Poker Revenue Remains, while Gambling Revenues Soar

An impressive $425,916,762 was reported by the Pennsylvania Gaming Control Board for October, topping the previous record of $425,916,762 set in July by $3.3 million.

The four online poker sites achieved an overall decrease of 2.9% compared to September's revenue of $2.92 million.

Compared to September, WSOP and PokerStars, which use PartyPoker's software, increased somewhat at BetMGM and Borgata.

Pennsylvania online poker revenue – October 2021

Unfulfilled guarantees reduced October revenue in more than a dozen tournaments spread over the WSOP's Fall Online Championship Series. As a result of the shortfalls, the operator was forced to increase prize pools by more than $285K during the month. The same set of tournaments met all but one of its guarantees on the WSOP.com website in New Jersey and Nevada, which share a player pool.

This month marks the third consecutive month in which all four poker rooms have been open. Borgata and BetMGM launched this spring, followed by the WSOP in July, ending PokerStars' monopoly in November.

Kevin O'Toole, Executive Director of the Gaming Control Board, believes the trend will continue since revenue from online table games and slots exceeded $400 million for the first time in July.

2021 Pennsylvania online poker revenue, by month

  • January, $2.7 million
  • February, $2.5 million
  • March, $2.4 million
  • April, $2.3 million
  • May, $2.2 million
  • June, $2.4 million
  • July, $2.6 million
  • August, $3.2 million
  • September, $2.9 million
  • October, $2.8 million

October's online gambling revenue was $103 million across ten casinos, a 72% increase over October 2020. Four land-based casinos have online poker partnerships with the state: Hollywood Casino at Penn National, Rivers Casino, Borgata, Mt. Airy, PokerStars, and Harrah's.

The state gaming report shows how online gambling has benefited these casinos, especially Hollywood Casino, which earned $20 million in October, but only $303K from online poker. Rivers has the second-highest online revenue in the state, but only $108K came from online poker.

Mt. Airy earned $5.3 million from internet gaming, $1.8 million from PokerStars. In October, Harrah's earned $2.6 million online, including $587K from poker.

Like its neighbor to the west, New Jersey's poker income fell in October, falling by $100K from September's total. Despite this, the New Jersey Division of Gaming Enforcement's October iGaming report shows stable income for the year.

BetMGM/Borgata experienced the biggest hit, falling $88K short of their September revenue. Only WSOP gained ground, probably due to the monthly online bracelet events.

Revenue from online poker in New Jersey – October 2021

  • $933,471 (-$88K) BetMGM/Borgata
  • $874,997 (+$70,000) WSOP.com
  • $623,893 PokerStars (-41K)

Online poker revenue was $127 million in October, up to $5 million from September. The state made $448.7 million through gambling. Online table games and slots are expanding, but online poker is still a niche offering.

2021 New Jersey online poker revenue, by month

  • January, $2.7 million
  • February, $2.5 million
  • March, $2.7 million
  • April, $2.4 million
  • May, $2.4 million
  • June, $2.2 million
  • July, $3 million
  • August, $2.4 million
  • September, $2.5 million
  • October, $2.4 million

In October, Resorts Digital Gaming, which collaborates with PokerStars, generated $29 million in online gaming revenue, with poker accounting for just $623,000.

Total online revenue for Caesars/WSOP.com was $8 million, with around 10% coming from poker. Meanwhile, Borgata's online gaming income was roughly $39 million, with poker accounting for only $933,000.


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