- The PA online poker market declined again last month, with operators reporting a combined $2.7 million in revenue, 9% below the same month a year ago. It is a slight improvement to the month prior, which was down 14%.
- There was no change to the make-up of the market — PokerStars, on the Mount Airy license, leads the market with $1.6 million in revenue, enough for a 61% market share.
The PA online poker market declined again last month, with operators reporting a combined $2.7 million in revenue, 9% below the same month a year ago. It is a slight improvement to the month prior, which was down 14%.
There was no change to the make-up of the market — PokerStars, on the Mount Airy license, leads the market with $1.6 million reported in revenue, enough for a 61% market share. However, it was the worst performer year-over-year, with revenue down by 17%. Its market share a year ago was 67%.
WSOP, on the Harrah’s license, generated just over $560k for a market share of 21%. It fell 6.7% year-over-year. The two smaller online poker licensees, BetMGM (Hollywood) and Borgata (Rivers), each managed a growth of over 25% last month, though their overall market contribution remains small at 13% and 5%, respectively.
The online casino market remains robust. Total revenue of $110 million is among the best on record, and growth year-over-year of 16% is in line with the previous six months.
Those on the Hollywood license (including BetMGM, DraftKings, and Barstool) remain the clear leaders in the casino vertical, generating 44% — $48 million — of this revenue. Their market share has grown consistently over the last year.
