Regulated Online Poker in Pennsylvania is off to a Great Start
At the beginning of 2020, there has been a great news for the state of online poker in the USA.
The most recent figures show that online poker in Pennsylvania is prospering thanks to the state’s first and, for now, only poker room – PokerStars.
The site was launched only two months ago, with December being its first full month of activity.
The first full month of online poker in PA made $2.5 million in revenue for the state’s sole operator.
It was highly anticipated that there would be rise of online poker in PA.
The Pennsylvania Gaming Control Board proved that this was actually the case by publishing its December 2019 revenue report. It showed that monthly online earnings were up by 10.3 percent.
In November, online gaming revenue was $9,655,811, while one month later, Pennsylvania’s five licensed operators raked $10,624,699.
The Pennsylvania Championship of Online Poker (PACOOP) had a main role in this. The event caused a surge of activity during its first week, and PokerStars PA increased the overall guarantee from $1 million to $1.2 million.
Ultimately, the total payout was over $1.5 million; a figure that helped PokerStars pull $2,473,173 in December.
This is more than PokerStars PA earned from its online slots ($753,570) and table games ($805,487) combined, which is a great success for poker.
Another indication that online poker in Pennsylvania might have a bright future ahead is if we compare it with other states. For instance, In New Jersey, PokerStars collected $540,425 in December 2019. The fact that New Jersey has three online poker license holders and that this might be only temporary phase should be taken into consideration.
We have no idea what it will be like in the long term, but Pennsylvania’s latest revenue report is promising and it should demonstrate that that there is plenty of interest in online poker.
