US Monthly Online Poker Revenue Up in July
This is rare. Every one of the four states that offers state-regulated online poker – and reports revenue publicly – showed monthly growth in that particular vertical. And almost all of those states showed overall internet gaming revenue growth as well.
Considering the nature of online poker to stray from and underperform as compared to online casino numbers, it is not often that we can say that poker improved from one month to the next across the board. But we can as it pertained to July revenue.
It is also an improvement from June, as online poker revenue dipped in all states but Delaware in June 2022. July’s ascent is heartening.
Of course, the growth will be more significant in New Jersey and Michigan once they officially launch interstate online poker via the Multi-State Internet Gaming Agreement.
Connecticut: July 2022
The state of Connecticut legalized state-regulated online poker in May 2021. There has yet to be a single online poker operator announce a partnership with a land-based casino in this state.
Delaware: July 2022
The small-but-mighty state of Delaware continues to surprise with its consistent online poker growth. July continued that revenue growth, even if only by a small monthly gain. Yearly increases were more significant, though.
-July 2022 online poker revenue of $43,944 = up 1.9% from June, up 31.9% from July 2021
-July 2022 total igaming revenue of $1,253,607 = up 12.3% from June, up 58.1% from July 2021
It is also notable that online registrations continued to rise as well. The 1,174 new account registrations showed an increase of more than 23% from the previous month and the same percentage year-over-year.
Michigan: July 2022
The Michigan Gaming Control Board does not separate online poker revenue from the rest of internet gaming.
We can see, however, that the entirety of igaming in Michigan grew in July after an unusual two months of downswings.
-July 2022 total igaming revenue of $126,614,517 = up 4.2% from June, up 37.2% from July 2021
In conjunction with that, the amount of state tax accrued for the month of July increased more than 7% monthly and nearly 42% on the year.
Nevada: July 2022
Same story, another month. There is still only one online poker site regulated by the state of Nevada. Therefore, Nevada does not report its online poker revenue, so the WSOP does not reveal numbers to the public.
New Jersey: July 2022
The unpredictable online poker market in New Jersey actually grew month-on-month from June to July this year…but it fell dramatically for the year. This is the state that most needs the interstate poker network to launch. Its persistent online poker problem needs help from outside of the state.
-July 2022 online poker revenue of $2,277,272 = up 3.8% from June, down 25.9% from July 2021
-July 2022 total igaming revenue of $136,701,316 = up 2.7% from June, up 15.2% from July 2021
The overall gambling market in New Jersey also grew for the month and the year, the latter by nearly 7%.
Pennsylvania: July 2022
Usually, Pennsylvania remains on a steady incline, at least for its overall igaming revenue. This month was opposite month, apparently. Online poker revenue grew for the month and the year, while monthly online casino games brought the overall igaming number down from June to July.
-July 2022 online poker revenue of $2,765,124 = up 6.3% from June, up 6.5% from July 2021
-July 2022 total igaming revenue of $98,570,749 = down 4.2% from June, up 11.2% from July 2021
The complete igaming industry in Pennsylvania, including daily fantasy sports contests, delivered more than $429M in revenue, which was an increase of 1.3% year-on-year.
West Virginia: July 2022
The state of West Virginia legalized state-regulated online poker in March 2019. There has yet to be a single online poker operator announce a partnership with a land-based casino in this state…more than three years later.