The publication Poker Industry Pro posted an interesting article this week that gives another perspective to claims that the online poker sector is languishing.
The article examined third quarter results from five major providers, with almost all showing year-on-year improvements that indicate full year forecasts will be met or exceeded.
The five providers surveyed were The Star Group, 888Poker, GVC’s PartyPoker, Zynga and Kindred.
Zynga enjoyed a strong third quarter in poker terms, trailing only Stars Group in total real-money revenues, and although Kindred group’s Unibet saw a 7 percent decline in Q3 it remains on track to perform better than 2016 and its forecast over the full year.
The Stars Group saw third quarter revenue rise 12.5 percent to $221.4 million – its strongest quarter in the last two years, whilst PartyPoker saw revenue increases of 57 percent to $29.1 million, well ahead of the impressive growth achieved in the previous quarter.
888 recorded a less impressive, but still positive, increase of 1 percent to $21.3 million.
Overall, the four big real-money operators collected $275.6 million in revenues, an increase of 14.5 percent year-over-year.