{"id":2833,"date":"2018-08-14T13:14:19","date_gmt":"2018-08-14T13:14:19","guid":{"rendered":"https:\/\/www.top10pokersites.net\/news\/?p=2833"},"modified":"2018-08-14T13:14:19","modified_gmt":"2018-08-14T13:14:19","slug":"pokerstars-dominance-continues-with-impressive-rake-in-for-q2-of-2018","status":"publish","type":"post","link":"https:\/\/www.top10pokersites.net\/news\/pokerstars-dominance-continues-with-impressive-rake-in-for-q2-of-2018","title":{"rendered":"PokerStars Dominance Continues With $217 Million In Q2 of 2018"},"content":{"rendered":"
PokerStars<\/a>, the biggest online poker website in the world is continuing its dominance over global poker markets. <\/p>\n The online poker giant released a financial report on Monday announcing that it generated $207 million during the second quarter of this year<\/strong>. This figure is 6.9% higher than the $202.9 million rake that was posted in the second quarter of 2017. <\/p>\n Disregarding the effect of year-over-year fluctuations in exchange rates, the growth was up a more conservative 3.9%. <\/p>\n While including the positive impact of exchange rates, poker revenue was up by approximately 10% in the first half of 2018.<\/p>\n PokerStars said that their Stars Rewards loyalty program was a primary driver in the increase as were the fluctuations in foreign exchange rates. Another factor was the introduction of France and Spain\u2019s shared poker liquidity agreement<\/a> in the first quarter and Portugal\u2019s entering into the liquidity agreement in the second quarter. These numbers are offset by Columbia<\/strong> and Australia who ceased operations in 2017<\/a> as well as regulatory changes in Poland<\/strong> which have led to negative operating conditions.<\/p>\n PokerStars said that their rake accounted for 52% of the revenues for the quarter and that the company\u2019s other gambling products continue to represent a larger share of the revenue. The Stars Group said that in the second quarter they had 2.02 million \u201cquarterly real-money active uniques<\/em>\u201d which is a drop of 5.2%. About 1.86 million quarterly real-money active uniques played during the second quarter which is a drop of 7.3% from the second quarter of 2017.<\/p>\n PokerStars defines a quarterly real-money active unique as a player who generates a real-money rake or places a real-money wager during a given quarter.<\/p>\n The Stars Group<\/strong> explained that one of the reasons that their quarterly real-money active uniques had decreased was that they are focusing on high-value players which are mainly recreational players. The company had been focusing on high-volume professional players in previous years but they recently shifted focus.<\/p>\n Despite the quarterly real-money active uniques being slightly down, the company\u2019s casino revenues were up 11.4% and their sports betting products were up a staggering 78.3%. The Stars Group released the financial data within days of announcing that PokerStars and Mount Airy Casino Resort in Pennsylvania<\/a> have entered an online gaming partnership.<\/p>\n","protected":false},"excerpt":{"rendered":" PokerStars, the biggest online poker website in the world is continuing its dominance over global poker markets. The online poker giant released a financial report on Monday announcing that it generated $207 million during the second quarter of this year. This figure is 6.9% higher than the $202.9 million rake that was posted in the…<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"acf":[],"yoast_head":"\nRake Accounts For 52% of Revenue<\/h2>\n
PokerStars Now Focusing On \u201cHigh-Value Customers<\/em>\u201d<\/h2>\n