The Pennsylvania Gaming Control Board’s November revenue numbers have shown that PokerStars generated less than $2 million in online poker income during its first month of operation of its approved on-line poker room in the state.
PokerStars is Pennsylvania’s first operator to start online IDN POKER on November 4, before being launched fully online on November 6.
Although this being a only part month, the figures show a very strong beginning, supporting early cash game figures which suggested the state’s first online poker room would be better than expected.
PA online gambling highlights – November 2019
The growth of PA online gambling was accompanied by some primary highlights and developments in November: several indicators have seen the largest month-to-month gains. Though gross revenue almost doubled, the total taxes collected rose by 51%.
- Even without the newest operators, the rise of Pennsylvania outstrips New Jersey. Gross online game sales in PA now stands at nearly one-fifth of NJ.
- Even with a single operator, Poker marked the report and recorded a 20 percent share of total revenue in its first month.
- Recently, table games began for reasons that we will discuss below. The segment’s gross revenue has almost tripled since August, with most of the gains occurring in November.
The market share is not even split as soon as it was launched anymore.
Currently, Rivers (SugarHouse) is the largest dog and Mount Airy (PokerStars) is closely followed. Nearly two thirds of all PA online gambling sales pay for, with the exception of sports betting. The rest is largely shared between Parx and Hollywood.
Newcomer Mohegan Sun is only only a glimpse into the sales report, but Unibet launched it mid-month.
PA online gambling revenue breakdown
otal (Change since August / Change since October)
Total Revenue: $9.66 million (+182% / +95%)
Taxes Collected: $3.48 million (+131% / +51%)
Net Revenue: $6.18 million (+222% / +134%)
Slots: $5.09 million (+102% / +28%)
Taxes: $2.75 million
Revenue: $2.34 million
Table Games: $2.60 million (+188% / +169%)
Taxes: $415k
Revenue: $2.15 million
Poker: $1.97 million (N/A)
Taxes: $314k
Revenue: $1.66 million
* : Taxes include state tax, CFA county grants, and local share assessment.
PA sports betting revenue
The above figures don’t include sports betting, which also debuted this year. PA online sports betting remained more profitable in November than all other online verticals combined, but only by the thinnest of margins: $9,658,654 to $9,655,811.