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June Was the Worst Month of 2022 for PA Online Poker Revenue

Written By: Maya Michaels | July 29, 2022 | Posted In Poker News

http://vantagehsi.com/avoid-feelings-powerlessness-tips-mind-stay-empowered-caring-loved/home-health-care-our-location June was the least profitable month for Pennsylvanian online poker in 2022, with only $2.6 million in revenue.

http://circleplastics.co.uk/comments/feed Despite a down month for revenue, data from the Pennsylvania Gaming Control Board (PGCB) show that in May and June of this year, the market recorded its most stable annual growth rate since its inception — the market was up 8% year-over-year in May ($2.6 million) and up 7.6% in June ($2.4 million).

Beni Mered Online poker revenue was down 7.5% month-over-month ($2.8 million). PGCB data also show that June 2022 was the lowest month for revenue in the vertical since July 2021, when revenue fell just short of $2.6 million.

PokerStars PA has been the top online poker operator in terms of revenue since the market launched in November 2019. The latest month was no exception — the Flutter brand grossed $1.6 million in June, a record low.

Year-over-year, PokerStars — which operates under the land-based casino license of the Mount Airy Casino — saw revenue decline 19.6% ($2 million). PokerStars was down 50.5% from its peak in April 2020 ($5.3 million), at the height of the pandemic. It was also down 6.7% from May ($1.7 million).

So far, in 2022, the operator had its best month for revenue in January ($2.2 million). Revenue through the first six months of 2022 totaled nearly $11 million — enough to carve out a market share of 61.6%.

So far, in 2022, Pennsylvania’s four online poker operators have brought in $17.8 million.

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