Good Results for Online Poker Operators

graph2In the third quarter of 2017, most of the top online casino operators posted very good numbers, showing year on year growth across the board. Statistics published by Poker Industry Pro show that three out of the four leaders in the industry, namely Poker Stars’ The Stars Group, GVC which runs Party Poker and 888 Holders, all saw their revenues grow in Q3 2017.

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The only top company that showed a slight dip was the Kindred Group which runs Unibet. Nevertheless, the group still remains ahead of last year’s pace. The other three are guaranteed to bet their 2016 revenue numbers.

The numbers were broken down as follows:

The Stars Group (TSG) showed $196.8 million in revenues in Q3, 2016. This year’s third quarter saw a growth of 12.5% up to $221.4 million.

888 Holdings reported third quarter revenues in 2016 of $21.1 million. Revenues grew 1% to $21.3 million in the third quarter of this year.

Moving on to the GVC Group, Q3 2016 saw revenues of $18.5 million, while this year’s third quarter saw an incredible jump of 57% in revenues to $29.1 million.

As noted, the Kindred Group showed a dip in revenues this year compared to last year’s third quarter. Q3 2016 revenues were $4.2 million, and this year numbers dropped to $3.9 million – a dip of 7%.

Finally, the social poker giant, Zynga saw significant growth of 51% year on year when comparing the third quarters. A jump from $25.5 million to $38.5 million.

The numbers point to an industry-wide growth among the world’s leading online poker operators, with the big four raking in $275.6 million in revenues (up 14.5%).

The reasons for this growth are varied. Some operators point to changes that they have made on their platforms such as improved loyalty programs (The Stars Group) or new games (in the case of 888’s Flopmania). Others mention new look sites (Unibet).

Whatever the reason, online poker players are satisfied that these sites are improving their revenues, so that better poker promotions and bonuses, as well as larger guaranteed prize pools can be offered.

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