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Citizens Against Expanded GamblingCitizens Against Expanded Gambling
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Online poker companies continue to make more money than ever during the pandemic

December 6, 2020 Posted by Citizens Against Expanded Gambling Uncategorized

In May, a few months into the pandemic, the online gaming industry was seeing record highs in terms of overall revenue. As coronavirus cases have risen even higher since then, so have online casinos’ revenues. New Jersey hit a monthly record of $93.5 million in October revenue from online poker and online casinos, up 106.7% from October 2019. Pennsylvania saw its online casinos and poker rooms generate a record $59.8 million in gross operator revenue for October, a record for the keystone state. New Jersey and Pennsylvania — along with Nevada — are two states that typically have the most online gaming revenue and are generally good indicators for the industry. The trend toward online poker likely won’t change in the coming months as the weather starts to get colder.

“On a purely business level, it strengthened our business. Our business has really thrived,” Max Bischel, VP of U.S. Business at Gambling.com, told MarketWatch. “We had more people focused on online casinos. The online business grew substantially throughout Q2 and Q3 to a new level.”

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About Citizens Against Expanded Gambling

Founded in 2015, Citizens Against Expanding Gambling (CAEG) is the only organization exclusively dedicated to lobbying against the expansion of gambling in Wisconsin. We inform, equip and engage 1,000s in our statewide grassroots coalition of citizens, employers and community leaders who share a common concern about the explosion of gambling in Wisconsin. Join our coalition today by signing our petition here. We have successfully fought back the legalization of Daily Fantasy Sports (the entrée to online gambling) in 2016 and 2017.

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Citizens Against Expanded Gambling, Inc.
PO Box 7294
Appleton, WI 54912

Phone: (920) 659-4489
email: info@citizensagainstgambling.com
www.citizensagainstgambling.com

If you or someone you know has a gambling problem,
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Citizens Against Expanded Gambling, Inc (CAEG) is organized under section 501 (c)(4) of the Internal Revenue Code. Contributions to CAEG are not tax deductible as charitable contributions for federal or state income tax purposes.

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