July was a record-breaking month for online poker revenue. Many of the numbers we heard from our contacts were record highs. Last month, poker sites reported $246 million in revenue, which is a 27% increase from May 2015. The average player’s rakeback for the month of July was $19.35, which is 14% higher than June 2015.
According to Nick Bogdanovich, director of the Global Poker Rankings, July was a big month for online poker revenue. The top five earners for the month were PokerStars NJ, Party Poker, 888, PartyPoker and Full Tilt, with a combined revenue of nearly $15 million. The main reason for the increase: fewer restrictions in the U.S. states that have yet to pass online poker legislation. The U.S. Treasury recently released a list of 50 states that are “willing” to allow online poker, while Nevada, one of the first states to pass legislation, is working to gain approval from Congress for a federal online poker bill.
Online poker revenue is increasing all over the US, and it is clear that poker players are becoming more involved in the poker universe. While news about the online gaming industry may seem to be negative, there is no doubt that there is a lot going on in the online gaming world.
For licensed US states and operators, online poker revenue increased nearly everywhere in July. Operator incentives and WSOP.com bracelet tournaments drove some significant increases for the month.
Some states, such as New Jersey is a state in the United States., have had some of their busiest months in terms of online gambling to date. Players are demonstrating that the online poker industry is stable, despite the lack of physical and store poker rooms.
Online poker is presently allowed in the following states:
- New Jersey
- Pennsylvania
- Michigan
- Nevada
- Delaware
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Online poker in New Jersey has surpassed the $3 million mark.
Thanks to a big effort by WSOP.com, the Garden State experienced a strong recovery in July. For the month, operators took in almost $3.1 million.
This was an almost $1 million increase from the previous month. There are presently three online poker providers operating in New Jersey:
For the month of July, WSOP.com took the #1 position. According to the New Jersey Division of Gaming Enforcement, the WSOP Online summer online bracelet series helped the site earn $1.7 million in revenue (NJDGE). The amount almost quadrupled from the $891,872 recorded in June.
With the bracelet series over, WSOP.com is likely to experience a drop in August. The site, on the other hand, continues to host a popular monthly WSOP Circuit ring series.
With Nevada and 888poker in Delaware, WSOP.com is the only provider providing shared liquidity.
Partypoker US Network grew by less than 1% month over month, bringing in $737,417 in revenue. Monthly Online Series featuring several events are also held on the site. In August, Party hosts its famous $50,000 freeroll tournament.
PokerStars finished in third place for the month, but their income increased by $622,663. This was an increase from the $584,515 reported in June.
On the physical side, there are presently three live poker venues in Atlantic City, including:
- Borgata
- Harrahs
- Tropicana
New Jersey sets a monthly record.
In July, New Jersey had its greatest month ever in terms of online gaming. $118.7 million was spent on online casino games. This is a 70.4 percent increase over the $87.5 million earned the previous year.
For the sixth month in a row, the Borgata/BetMGM brand topped the list of online casino providers. BetMGM also saw a rise in revenue month over month, with $36.4 million compared to $33.5 million for Golden Nugget.
The purchase of the Golden Nugget online gambling brand by DraftKings was also recently announced.
Overall, casinos in New Jersey generated $44.2 million in gaming tax income for the state. Gaming taxes account for 8% of taxable casino gross income and 15% of gross revenue from online gaming.
The launch of WSOP.com boosts revenue in Pennsylvania.
The number of poker players in Pennsylvania increased somewhat in July. Revenue in the Keystone State was $2.5 million, up marginally from $2.4 million in June.
In July, Pennsylvania slipped behind New Jersey in terms of poker income. With the recent introduction of WSOP.com and the first-ever PA bracelet series, PA may reclaim the lead in August.
PokerStars took home $1.9 million in June and is still the state’s top dog. In the state, the sites are still fighting for space.
Monthly Online Series are conducted by BetMGM and Borgata Poker and are drawing more players each month. Both are affiliated with the partypoker US Network.
There are three online poker alternatives available right now:
- PokerStars
- Borgata Poker and BetMGM skins are part of the partypoker US Network.
- WSOP.com
The Pennsylvania Gambling Control Board (PGCB) reported that internet gaming earned $88.6 million in total revenue in July.
The year-over-year increase continues, with $54.3 million recorded in July 2020. Online poker alone brought in more over $400,000 in tax income in July.
These rooms are currently available for live poker:
- The Parx Casino is located in Philadelphia, Pennsylvania.
- Mohegan Sun Pocono is a casino in Pocono, New York.
- Mount Airy Casino Resort is located in Mount Airy, North Carolina.
- Philadelphia’s Rivers Casino (weekly tournaments)
- Pittsburgh’s Rivers Casino
- Meadows Racetrack and Casino is a racetrack and casino located in Meadows, New
- Philadelphia Live Casino is a live casino in Philadelphia, Pennsylvania (weekly tournaments)
US PLAYERS ARE WELCOME AT GLOBAL POKER
PACKAGE OF $20 GOLD COIN FOR FREE
With the use of a verified account. PLUS Purchase a $40 Gold Coin Package for $20.
Players from the United States are welcome.
Every day, just for logging in, you’ll get a FREE Sweeps Coin.
Ring games, tournaments, and SNGs in Texas Hold’em
Cash Prizes Can Be Redeemed
In July, Michigan’s revenue increased.
For the month of July, Michigan gaming generated $92.3 million in revenue. This was a significant increase from the $89.2 million recorded in June.
In its monthly reports, the Wolverine State groups poker and internet gaming together. In the state, there are two online poker sites:
- PokerStars
- BetMGM is a casino that accepts bets (part of the partypoker US Network)
With $33.8 million in gross revenue, BetMGM experienced a modest rise month over month and continues to top the state in online gaming gross revenue. With $14.3 million in prize money, FanDuel came in second.
For the month, sports betting income was $19.6 million, with a $188 million handle.
BetMGM is advertising the monthly Online Series in Michigan for August, just like it is in New Jersey and Pennsylvania.
The state received $17.8 million in tax income from online gambling businesses, which included:
- Taxes and payments on internet gaming – $17.1 million
- Taxes and payments on internet sports betting – $762,220
Six brick-and-mortar live poker venues have reopened inside state boundaries at the present, including:
- MGM Grand Detroit is a casino in Detroit, Michigan.
- Hotel Motor City Casino
- Hotel-Casino in Greektown
- Petoskey’s Odawa Casino
- Hotel Firekeepers Casino
- Island Resort & Casino
The number of people playing poker in Delaware has increased somewhat.
In Delaware, online poker increased by approximately 3% since June’s report. For the month of July, the First State reported total income of $33,308 dollars.
Despite the fact that poker was up in July, iGaming as a whole was down. According to the Delaware Lottery, iGaming generated $793,017 in total revenue. However, with a total of 951 new player registrations for the month, it was the most in 2021.
The state’s sole poker operator is 888poker. In collaboration with the state’s racetrack casinos, the platform supports three distinct skins, including:
- Delaware Park is a park in Wilmington, Delaware.
- Dover Downs is a racetrack in Dover, Delaware.
- Harrington Raceway and Casino
The state’s three operators all experienced month-over-month increase. Each month in 2021, Delaware Park has won the gold medal for poker revenue. The property raked in $17,730 in July.
Delaware Park is also the state’s only live poker facility that has reopened.
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