Clicky

PokerStars Posts $2.7m in Revenue for January - PennsylvaniaPoker.com News : PennsylvaniaPoker.com News
pokerstars-official-brand-logo
Published on
Update on
Author
  • PokerStars PA drove $2.7 million in revenue in the first month of 2021
  • The January revenue was 26% higher year-over-year but still far from the all-time high posted back in April
  • Pennsylvania is soon hoping to see other poker brands as well as join the Multi-State Internet Gaming Agreement, or the single liquidity

The state of Pennsylvania registered another steady month in poker, with PokerStarsPA generating $2.7 million in revenue in January.

PokerStars PA Drives Steady Revenue in January

Pennsylvania has started online poker on a steady footing in January, driving some $2.7 million in revenue as reported by the Pennsylvania Gaming Control Board (PGCA). Overall, PokerStars PA, the sole card room operating in the Keystone State, has been posting $2.7 million for several months. That is a far cry from the state’s all-time high in April 2020 when the pandemic forced widespread shutdowns and many people tuned in to play.

Nevertheless, January 2021 was 26% higher year-over-year, according to Pokerfuse, a website that analyzes poker and offers a detailed breakdown of monthly revenue results. PokerStars has kept the competitive circuit equally busy, featuring a 2021 Winter Series event with numerous mini-tournaments.

Yet, this may be the last month of PokerStars PA being the sole player in the country’s poker market. A slew of new entries is just around the corner, with BetMGM Poker, partypoker, and Borgata Poker all rattling their sabers and looking for an entry.

While BetMGM is prioritizing Michigan by the look of it, the other two should be heading into the state before long. The same applies to WSOP PA and 888 Poker 8. In fact, Poker 8 should be coming to the Keystone State, as confirmed by 888 chief executive Yaniv Sherman. GGPoker has too obtained a license, but only as a supplier for the time being.

Welcome the Single Liquidity in Pennsylvania

This begs the question of whether the inundation of new poker rooms would boost audiences. The chances are that more players would seek out to play. The idea of joining a new card room appeals, but how friendly would these be to new players would ultimately determine whether players stick or move on to another form of entertainment.

Of course, the biggest spike in traffic for the poker community would be none other than the Multi-State Internet Gaming Agreement (MSIGA), colloquially known as the single liquidity. Presently, not all states share liquidity, nor do all card rooms.

Bringing all under the same roof would mean a huge surge in online poker traffic as well as more prize pools. Entries from Michigan and West Virginia could be complete game-changers as they would bring thousands of new players giving the game of poker a proper boost.

Latest Headlines

Pennsylvania iGaming Revenues Hit $100M, Poker Remains Slow

Pennsylvania’s iGaming revenue hits $100 million in July as poker continues to bring up the rear Slots and table games led the way, with Hollywood Penn National and Rivers Philadelphia accounting for 67% of the total revenue PokerStars PA drew the biggest share of poker action, although WSOP PA has now wrapped its first bracelet […]

WSOP PA Announces $50K Depositor’s Freeroll

Following WSOP’s successful soft launch in Pennsylvania, the platform is launching its first promotions Players will be able to gain entry into the World Series $10,000 Main Event in Las Vegas if they place first or second in the upcoming $50K Depositor’s Freeroll A third ticket will be awarded randomly to one lucky player who […]

WSOP’s Launch is on the Cards for Pennsylvania

WSOP may finally be arriving in Pennsylvania, but will that change the current balance of powers PokerStars PA remains the dominant card room in the Keystone State for months now Borgata/BetMGM’s entry was modest, and revenue continues to remain low as the network targets new players The Keystone State may have a third poker operator […]

PA Online Casinos and Poker Rooms Dominate Sports Betting

Casinos and poker have posted the strongest gaming results in May, with a cumulative $110 million in gross revenue  Sports betting continues to slow down as the Super Bowl and March Madness season are over Gaming remains the biggest driver of revenue for regulated gambling markets  Pennsylvania’s online casino results continue to dwarf sports betting […]

DoJ Names Billy Joe Taylor as Defendant in $88M Medicare Fraud Scheme

Up-and-coming poker personality Billy Joe Taylor was indicted on fraud charges alleging that he defrauded Medicare of $88 million The alleged fraud happened through Taylor’s testing laboratories which DOJ suspects abused COVID-19 relief funds and other government incentives Investigators have brought a total of 14 defendants on charges of defrauding Medicare, but Taylor’s alleged involvement […]

Similar PA Casinos Post

Pennsylvania iGaming Revenues Hit $100M, Poker Remains Slow

Pennsylvania’s iGaming revenue hits $100 million in July as poker continues to bring up the rear Slots and table games led the way, with Hollywood Penn National and Rivers Philadelphia accounting for 67% of the total revenue PokerStars PA drew the biggest share of poker action, although WSOP PA has now wrapped its first bracelet […]

WSOP PA Announces $50K Depositor’s Freeroll

Following WSOP’s successful soft launch in Pennsylvania, the platform is launching its first promotions Players will be able to gain entry into the World Series $10,000 Main Event in Las Vegas if they place first or second in the upcoming $50K Depositor’s Freeroll A third ticket will be awarded randomly to one lucky player who […]

WSOP’s Launch is on the Cards for Pennsylvania

WSOP may finally be arriving in Pennsylvania, but will that change the current balance of powers PokerStars PA remains the dominant card room in the Keystone State for months now Borgata/BetMGM’s entry was modest, and revenue continues to remain low as the network targets new players The Keystone State may have a third poker operator […]

PA Online Casinos and Poker Rooms Dominate Sports Betting

Casinos and poker have posted the strongest gaming results in May, with a cumulative $110 million in gross revenue  Sports betting continues to slow down as the Super Bowl and March Madness season are over Gaming remains the biggest driver of revenue for regulated gambling markets  Pennsylvania’s online casino results continue to dwarf sports betting […]