{"id":10112,"date":"2020-03-23T16:00:13","date_gmt":"2020-03-23T16:00:13","guid":{"rendered":"https:\/\/www.onlinepokeramerica.com\/news\/?p=10112"},"modified":"2020-03-23T16:00:38","modified_gmt":"2020-03-23T16:00:38","slug":"poker-in-pennsylvania-remains-timid-in-february-pgcb-reports","status":"publish","type":"post","link":"https:\/\/www.onlinepokeramerica.com\/news\/poker-in-pennsylvania-remains-timid-in-february-pgcb-reports\/","title":{"rendered":"Poker in Pennsylvania Remains Timid in February, PGCB Reports"},"content":{"rendered":"\n<p>With Pennsylvania\u2019s online gambling revenue up in <strong>February<\/strong>,\npoker players would have expected the card game to pick up some steam as well.\nAlas, poker has turned out to be the chronic underperformer, bringing hardly\nany value to the table. <\/p>\n\n\n\n<p><strong>The Pennsylvania Gaming Control Board (PGCB)<\/strong>\nhas released its numbers for <strong>February 2020<\/strong>, posting solid numbers for\nthe online gaming industry at large. Casinos have brought in some <strong>$304,349,740<\/strong>,\nor up 5% compared to January. <\/p>\n\n\n\n<p>The growth has also constituted a 13.75% uptick\nyear-over-year (YOY). Nevertheless, poker has remained characteristically\nanemic, refusing any jolts to pick up momentum. With players still opting for\nthe offshore segment due to limited liquidity close at home, this is partially\nunderstandable.<\/p>\n\n\n\n<p>Yet, hopes have been that with the introduction of quality\nonline venues that can expedite any deposit or withdrawal, things would have\nchanged a little. No big shake down has followed, though. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"how-bad-has-poker-revenue-been-affected\">How Bad Has Poker Revenue Been Affected? <\/h2>\n\n\n\n<p>The beginning of 2020 was anemic as well. While <a href=\"https:\/\/www.onlinepokeramerica.com\/news\/live-poker-events-and-cash-games-extinct-due-to-covid-19-spread\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">the novel coronavirus infection<\/a> is now putting a lot of strain on industries, poker at least should have picked up. Yet, it posted depressing results two months in a row. First, PA online poker revenue took a tumble in January, dropping by $2,157,266 or 12.8%. <\/p>\n\n\n\n<p>February turned out to be even starker, leading to a\n$1,830,356 in total revenue, or a 15.2% decrease. True, the slowdown has not\nbeen as bad between January and February as the sudden drop at the end of 2019.<\/p>\n\n\n\n<p>Yet, poker still looks rickety all things considered.\nAnd who is to say that things would look up any time soon? With sports betting\nnow completely removed from the equation, though, there <em>might <\/em>be some\npick-up in the online poker segment, although sports fans are not too eager to\nhop into a skill-based game that could take years to play decently.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" class=\"wp-block-heading\" id=\"a-dauting-march-for-poker-ahead-of-coronavirus-crisis\">A Dauting March for Poker Ahead of Coronavirus Crisis<\/h2>\n\n\n\n<p>With the economy now about to take a serious tumble, poker players might also get a bit fidgety. To many players, poker is an after-work pastime, <a href=\"https:\/\/qz.com\/1823251\/coronavirus-could-leave-30-percent-of-us-workers-jobless-fed-pres-says\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">but some 30% of all workers<\/a> in the United States might be out of a job.<\/p>\n\n\n\n<p>Gloom economic forecasts puts the recovery time from the\nabout-to-happen COVID-19 recession at five years. The PGCB has also tried to predict\nhow much brunt the industry would bear \u2013 not just poker, but for every aspect\nof gambling in the Keystone State. <\/p>\n\n\n\n<p>According to the Control Board, casino revenues will fall by at least 50% in March alone, <a href=\"https:\/\/www.lehighvalleylive.com\/coronavirus\/2020\/03\/one-third-of-pennsylvanias-casinos-close-due-to-coronavirus.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">following the closures<\/a>. Yet, hopes are that online gambling will get a sudden spike in numbers. One silver lining is that PokerStars has already reported a decent uptick in its traffic, following the closure of land-based cardrooms as well.<\/p>\n\n\n\n<p>With attitudes shifting online for at least the foreseeable\nfuture, this could be an opportunity for online poker to get a firmer foothold\nin the state. Hopefully, this could also lead to some offshore players\nreturning to play in their home state and contribute to the <\/p>\n","protected":false},"excerpt":{"rendered":"With Pennsylvania\u2019s online gambling revenue up in February, poker players would have expected the card game to pick up some steam as well. Alas, poker has turned out to be the chronic underperformer, bringing hardly any value to the table. The Pennsylvania Gaming Control Board (PGCB) has released its numbers for February 2020, posting solid [&hellip;]","protected":false},"author":4,"featured_media":10113,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[366,390],"class_list":["post-10112","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry","tag-online-poker","tag-pennsylvania"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Poker in Pennsylvania Remains Timid in February, PGCB Reports - Online Poker America News<\/title>\n<meta name=\"description\" content=\"The PGCB has revealed its latest numbers for February, showing that Pennsylvania online poker segment has once again decreased.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.onlinepokeramerica.com\/news\/poker-in-pennsylvania-remains-timid-in-february-pgcb-reports\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Poker in Pennsylvania Remains Timid in February, PGCB Reports - 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