PokerStars’ Q2 Poker Revenue Down By Over 5%

The world’s largest online poker website in terms of players and revenue, the Star Group revealed its financial report for the second quarter that ended on June 30 on Wednesday. The report showed a year-over-year decline of 5.9%.

PokerStars, with the 70% of the worldwide online poker market control, announced a revenue of $202.9 million during the second quarter, down by 5.9%. The figures from the previous quarter showed a revenue of $218.7 million from the first quarter, this year, a gain of 1.1 % year-over-year.

According to Stars a total win of $89.6 million, up by 50.2% as compared to previous years in the second quarter was made from the company’s house-banked, casino-style games, which includes the online sportsbook.

The company made a quarterly earning of $305.3 million, up by 6.8% from $285.7 million made during the last year, same time.

Stars confirmed, “Quarterly Real-Money Active Uniques” (QAUs) for poker was around $2 million, down by 4 % compared year-over-year. According to Stars, the decrease was majorly attributed to the decline on the ‘Full Tilt’ sister site, its player pool was merged with PokerStars’ in 2016.

Recent Posts

Ethereum-based Virtue Poker is ready to launch this May with an exhibition tournament featuring its ambassador Phil Ivey

Following an announcement on Monday, it was confirmed that ConsenSys based project, Virtue Poker raised $5 million in funding. The…

18 hours ago

A fully decentralized Poker application is announced to launch in Q2

Cartesi and Polygon have recently announced the development of a fully decentralized Poker game on top of Polygon’s PoS Chain.…

2 weeks ago

GGPoker heads up with PokerStars by running their GG Spring Festival from April 4 through April 25

Competition this spring will be fierce as GGPoker is taking PokerStars heads on by running their own GG Spring Festival…

2 weeks ago

PokerStars SCOOP 2021 kicks off April 4

The PokerStars Spring Championship of Online Poker (SCOOP) is up pretty soon with $100 million in guaranteed prizes for grabs across 102…

2 weeks ago

America’s Cardroom announces High Five Tournament Series and is looking for the “next Moneymaker”

America's Cardroom has announced its High Five Tournament series. The High Five series will run from March 31 to April…

3 weeks ago

World’s most popular online poker tournament celebrating 15 years

The world's most popular online tournament, the PokerStars Sunday Million is celebrating its 15th anniversary this coming Sunday March 21st and…

4 weeks ago