Online poker in Pennsylvania generated $3.1 million in revenue during the month of March according to figures released Thursday by the Pennsylvania Gaming Control Board. 3g5c60
Not only does that make it the most successful month on record for the fledgling Pennsylvania online poker market, March bested the previous high watermark of $2.5 million (set in declining revenue to start the year.
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PokerStars PA Traffic 514b67
PokerStars PA, currently the only site authorized to provide legal, regulated online poker in the state of Pennsylvania, saw its cash game traffic soar following orders by the Pennsylvania Gaming Control Board that all of the state’s land-based casinos close to prevent the spread of COVID-19 on March 16.
According to traffic statistics tracked by independent industry monitor GameIntel and available exclusively on the Poker Industry PRO Data platform, at the time, the 7-day daily average of number of cash game seats occupied was just above 300, having rebounded from its low point of 233 towards the end of February.
From there, traffic rose steadily to 820 concurrent cash game seats filled before falling back to 784 during the middle of last week. However, with the $2 million guaranteed PASCOOP (Pennsylvania Spring Championship Of Online Poker) series running in Pennsylvania, spillover traffic from the tournament series helped cash game traffic to begin to climb again heading into the weekend.
With cash game traffic continuing to hover around its high point and PASCOOP offering $2 million in guaranteed prize money, it looks like April will likely be another record month of revenue for Pennsylvania online poker.
Pennsylvania Online Poker Tournaments Drive Revenue 1w5p63
In fact, total guarantees for its online poker tournament series appears to be a good barometer for the revenue of PokerStars PA for that month.
In December, Bounty Builder in February and once again less revenue reported.
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Since there was no tournament series in March, we will have to wait until the April revenue figures are reported to see if the trend continues, but if cash game traffic figures are any indication, Pennsylvania online poker revenue will reach another record high in April.
Pennsylvania Online Casino Revenue 4m5n1s
Revenue from online slots and table games also increased to record levels in March with a total of $21.1 million reported by online casinos.
Rivers-Philadelphia led the market with $6.8 million in revenue with $4.8 million coming from online slots.
Valley Forge followed in second place with a total of $5 million in revenue; however, unlike Rivers-Philadelphia, Valley Forge saw the majority of its revenue for the month come from table games with the vertical generating $4 million in revenue.
Pennsylvania Online Casino Revenue Figures for March 2020 n6q55
| Online Casino | Total Revenue |
|---|---|
| Hollywood Casino | $2,618,503 |
| Parx Casino | $2,728,128 |
| Rivers-Philadelphia | $6,757,345 |
| Mount Airy | $2,830,694 |
| Mohegan | $803,000 |
| Presque Isle | $425,878 |
| Valley Forge Casino | $4,969,252 |
| Total | $21,132,801 |