Pennsylvania’s online poker revenue has continued to decline, with October proving to be one of the worst months for the market. Latest figures from the Pennsylvania Gaming Control Board (PGCB) show all but one operator saw their revenue fall further, a similar pattern observed in the same period last year.
With the numbers struggling to recover, joining the Multi-State Internet Gaming Agreement (MSIGA) could be the only way for the Keystone State to reverse the trend.
October Among Worst Months for PA Online Poker
Pennsylvania is currently home to four online poker operators, three of which recorded a drop in revenue in October. PokerStars PA continues to dominate the market but only generated $1.4 million during the month, its second-worst month ever.
Things don’t look good for BetMGM Poker PA either, with the operator recording just $319,000 in revenue¸ its lowest since November 2022. Sister site Borgata also saw its revenue fall month-over-month by 17% to $97,000 in October.
Only WSOP PA recorded an increase in revenue, generating $487,000 in October, an increase of 5.3% from September. But that still represents a year-on-year fall of nearly 15%.
PA Should Join MSIGA
If Pennsylvania wants to stop the bleeding and allow its online poker market to flourish, it must consider joining MSIGA. Shared liquidity helps boost revenue. This has been observed in New Jersey when PokerStars merged its NJ players with those in Michigan.
The decision is now on Gov. Josh Shapiro, but he still seems uninterested in allowing Pennsylvania to join the interstate poker compact.