What is the Future Size of Online Poker in the US?

The Future of US Online Poker: Pennsylvania Set to Join the Multi-State Internet Gaming Agreement

As online poker continues to evolve in the United States, one state is poised to make a significant impact: Pennsylvania. With the recent moves towards integrating its online poker market into the Multi-State Internet Gaming Agreement (MSIGA), the landscape of US online poker is set for considerable growth. This article will detail what this means for players, operators, and the gaming industry as a whole.

The Road to Multi-State Poker

Earlier this month, Pennsylvania Governor Josh Shapiro formally initiated the process for the state to join the MSIGA by requesting that the Pennsylvania Gaming Control Board (PGCB) begin negotiations. This action has already begun to ripple through the gaming community as interest in what Pennsylvania’s entry will mean for multi-state player pools grows. Recently, the PGCB ratified a motion to officially begin this process, moving Pennsylvania closer to a reality where players across state lines can compete in the same online poker rooms.

Under the current structure of the MSIGA, operators licensed in the participating states—Delaware, Michigan, Nevada, New Jersey, and West Virginia—can combine their player pools. This move fosters a more engaging and potentially lucrative online poker experience, increasing player interaction and leading to more substantial jackpots. It also serves public interests by enhancing tax revenue and diminishing reliance on illegal offshore sites.

A Growing Compact

By adding Pennsylvania, the MSIGA will increase in size by an impressive 51%, expanding its combined population base to approximately 38.3 million residents. The current membership comprises states with a total population of about 25.3 million, with Michigan (10 million) taking the lead as the most populous member followed closely by New Jersey (9.3 million).

Pennsylvania, with its 13 million residents, will not just become pivotal due to its population; it will also be MSIGA’s largest member, likely transforming how online poker operates in the United States. California, Texas, Florida, and New York have larger populations but currently lack regulated online poker, making Pennsylvania’s entry particularly significant.

The Importance of Shared Liquidity

Shared liquidity is one of the standout features of the MSIGA, and it carries numerous benefits. Firstly, it allows players from different states to coherently interact, bringing heightened excitement to poker tables across online platforms. More players mean more action — leading to larger pots and a more vibrant gaming experience.

Additionally, states benefit economically through increased tax revenue generated by gaming operations and they can mitigate the risks associated with players flocking to unregulated, offshore sites. As states come together through platforms like MSIGA, they align regulatory practices to ensure high standards of player safety, security, and integrity.

Timeline for Pennsylvania’s Integration

While there is currently no set timeline for when Pennsylvania will officially join the MSIGA, the integration process could take several months. The approval of participation requires agreement among all current members, but the framework is largely in place. Notably, operators in Pennsylvania may be able to combine player pools immediately upon joining—potentially avoiding protracted back-and-forth negotiations seen in other states, such as Michigan.

Comparing US and European Online Poker Markets

While the growth of the MSIGA represents a significant development for US online poker, it is interesting to observe how it stacks up against established markets in Europe. In terms of player liquidity and market size, the MSIGA remains relatively small. For instance, the combined population of France, Spain, and Portugal who have established shared liquidity agreements totals approximately 127.9 million. In contrast, the MSIGA—once Pennsylvania joins—will comprise only 38.3 million users.

Italy remains a unique case within Europe, as it has maintained a segregated market despite efforts to join shared agreements. The European model of online gaming has garnered interest from US stakeholders looking to maximize potential player bases and overall market health.

Conclusion: The Future of US Online Poker

Pennsylvania’s impending entry into the MSIGA is set to revolutionize the online poker industry in the US. The potential for shared liquidity will not only enhance player experience but also generate significant economic benefits for all parties involved. As the gaming landscape continues to evolve, it will be exciting to watch how Pennsylvania’s addition influences online poker’s future and whether more states will follow suit.

The era of multi-state online poker is on the horizon, and both players and operators are eager to see where this transformative journey will lead.

Please play responsibly. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER.

Please follow and like us:
error1
fb-share-icon
Tweet 20
fb-share-icon20

New Casinos

Playpal PH: Get $100 bonus cash + 200 bonus spins

Metabets Casino: 200% match bonus up to $500 + 20 bonus spins

1 Free Spin credited for every $1 deposit. Up to $100 + 100 Spins

MWCASH888: Get 10 no deposit spins + $100 Bonus

Claim a 100% deposit bonus up to $250 + free spins