Online Poker Revenue Slips in Pennsylvania, Rises in NJ While Online Gambling Revenues Soar in Both States
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Pennsylvania's online poker rooms pulled in $2.92 million in September, down from $3.2 million last August. New Jersey's poker room revenue rose about the same amount. PokerStars saw an increase in revenue.
PokerStars, WSOP, BetMGM and Borgata saw a decline in online poker room revenue in Pennsylvania. August was the best month of the year for online gambling in the commonwealth.
Online poker revenue in Pennsylvania has been declining since January, but has started to rise in the last two months. PokerStars had a monopoly on Pennsylvania’s online poker market since November 2019, which ended in April when Borgata entered the market.
Pennsylvania has 10 casinos that offer online gambling. In September, the state generated $97.8 million in internet gambling revenue. Online slots generated 71.5% more revenue than in September 2020. Sports wagering generated revenue of $578 million at 15 Pennsylvania casinos. Live table games generated only $84 million. The total gambling income in Pennsylvania reached $415.6 million, up 46% on September 2019. The taxable sports wagerering revenue for September 2021 reached $28 million and $41. 6 million for 2021.
Online poker revenue in New Jersey rose slightly to $2.5 million in September.
BetMGM/Borgata posted the largest online poker room revenue in New Jersey in September. The Borgata pulled in more than $200,000 more in August. Online gambling revenue for September was $122.6 million, up from $110.8 million in the previous month.
New Jersey's online poker revenues for the year are as follows: January, February, March, April, May, June, July, August, September. WSOP.com had the best month of 2021 when it pulled in $1.7 million in July thanks in large part to a 33-event bracelet series it ran in the state.
