Taking a look at the state of existing US legalized online poker

I decided tonight to take a look at how it's going for the US legalized poker market.

Quick summary:

:fail2



The details:

There are 5 states where online poker is legal:
Nevada: WSOP.com only (shares player pool with NJ/DE)
Delaware: WSOP.com only (shares player pool with NV/NJ)
New Jersey: WSOP.com (shares player pool with NV/DE), Pokerstars NJ, PartyPoker NJ
Pennsylvania: Pokerstars PA only
Michigan: Pokerstars MI, BetMGM MI

Here's how each are doing, listen by average/peak in number of cash players, followed by market population:
Pokerstars MI: 425/1011 (10m population)
Pokerstars PA: 350/879 (13m population)
WSOP.com (all): 220/416 (13m population)
PartyPoker NJ: 85/180 (9m population)
Pokerstars NJ: 80/284 (9m populaiton)
BetMGM MI: 32/129 (10m population)


BetMGM is new, but so far it's landed with a complete thud.

But even the best of the bunch -- Pokerstars Michigan -- is only averaging 425 players, and rarely hits over 1000.

We really need a big state to enter the legalized online poker market.

California has 40 million people, Texas has 29 million, Florida has 21.5 million, and New York has 20 million. If these four states got on board, that would be 110 million more people into the overall legalized player pool, which is currently at just 36 million, and no more than 13m in any single market.

definitely not going to argue with your points...

i will just add this little nugget...during the WSOP this summer the O8 cash games were pretty decent relative to what they usually are...now were they setting the world on fire? hardly...the WSOP tourney series seemed to do pretty well as well...i think this might be the case where volume begets volume...we will 100% need a big population state like NY to come on board, but im optimistic that online poker in the US is going to continue to get better...albeit very slowly...

the positives are:
(1) that cocksucker adelson isnt around any more...may he burn in hell...i think this is a very big deal...
(2) states are fucking broooooooooooooooooooke and need the revenue...
(3) the big casino companies need something to diversify their portfolio to online gaming as we have seen with COVID...

i know poker is a tagalong on a lot of online gaming laws, but i think we end up getting there because of the 3 things above...