Partypoker US Network Beats PokerStars NJ In Monthly Revenue Totals
Unless you have been living under a rock, then you most likely know that PokerStars is perhaps the number online poker brand. They continue to post amazing gains in states across the US as well as internationally. They are the only online poker provider in Pennsylvania, so far, and have continued to be the top earner in New Jersey’s online poker market. However, that recently changed when the September revenue totals were released this month. The partypoker US Network was finally able to surpass PokerStars NJ and earn the most for the month.
For partypoker NJ, the network earned just over $780,000 for the month. The brand operates under a license from the Borgata. They were able to narrowly pass PokerStars, who earned just over $767,000. Is this the time when a new leader will emerge?
Both brands offer solid cash gaming and tournament options along with special deals each month. Both have provided unique tournament options over the past few months during the pandemic. However, for PokerStars, it seems they are starting to decline after riding high when the coronavirus was at its peak.
The Stars Group, the parent company of PokerStars, and Flutter merged in May and it seems that maybe that could be why the decline has started. However, if you look at partypoker, they have seen a similar outcome due to the virus.
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Online poker gaming has picked up tremendously over the past few months as players have stayed at home more and used gaming as a way to have safe entertainment. Staying in has become the new normal and online poker is just one of several outlets that players have been using to have something to do while stuck at home.
September Overall Totals
Overall, online poker generated just over $2.5 million for the month. This was a significant drop, considering the industry has been above the $3 million mark since February. The WSOP and 888 operate under the Caesars license and they generated the most in September at just over $1 million.
Partypoker and sister sites came in next, followed by PokerStarsNJ. Caesars remains at the top with WSOP and 888 due to player pooling in other states, as it helps to increase the overall traffic numbers of the network.
A key to partypoker’s success is most likely the World Poker Tour. The WPT took place online in New Jersey for the very first time last month and it saw a solid turnout. The World Poker Tour Online Borgata Series took place with ten events and the Main Event managed to hit a new record, with the prize pool pushed past the $432,000 mark. This amount was the largest prize pool in the history of the WSOP.
October is always a good month for online poker so we should see a solid increase in earnings as the reports come out in early November. Will partypoker be able to maintain that top position ahead of PokerStars? Will they surpass WSOP/888? We shall see who reigns supreme once this month is over.