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U.S. Online Poker (Gambling) Market Share Forecasted to Reach USD 183.30 Billion by 2034, at 14.9% CAGR: Prophecy Market Insights

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“U.S. Online Poker Market” from 2024-2034 with covered segments By Type (Texas Hold’em, Omaha, Seven-Card Stud, and Other Games), By Platform (PC, Tablet, Smartphone, Gaming Console, and Arcade Games), By Application (Gambling and Entertainment), By End-User (Gambling Enthusiasts, Dabblers, and Social Exuberant Players) Forecast, (2024-2034), which provides the perfect mix of market strategies, and industrial expertise with new cutting-edge technology to give the best experience.
Covina, Aug. 05, 2024 (GLOBE NEWSWIRE) — According to Prophecy Market Insights, the U.S. online poker market size and share is projected to grow from USD 54.03 Billion in 2024 and is forecasted to reach USD 183.30 Billion by 2034, exhibiting a compound annual growth rate (CAGR) of 14.9% during the forecast period (2024 – 2034).

U.S. Online Poker Market Report Overview

In the game of online poker, a player gets to play against other opponents across the globe. This game requires one not only to choose among the several varieties of poker available, like Texas Hold’em, Omaha, and Seven-Card Stud, but also to log in to some websites that deal with online poker. Bets are made according to the strength of the hand with virtual chips. At the end of every round, the best hand collects the pot. Apart from anonymity, speed, convenience, and the number of tables, a player can play from anywhere with an internet connection, and many platforms allow a person to play at many different tables.

The legal landscape of the U.S. online poker market has changed dramatically over the years. Big poker operators such as PokerStars and Full Tilt Poker used to be bigger players until legal complications and regulatory changes came hard on the industry after the events of Black Friday in 2011. The United States adopted state-by-state online gambling regulation, where certain states passed bills to legalize online poker and others were vehemently opposed. Today’s market is fragmented because only a few states allow regulated online poker. Other significant challenges include variations of the legislation among states, market fragmentation, pressure from new entrants and social gaming products, and fewer players. Still, potential growth might come out of the prospective legalization that is being considered by other states.

     

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Our Free Sample Report includes:

  • Overview & introduction of market study
  • Revenue and CAGR of the market
  • Drivers & Restrains factors of the market
  • Major key players in the market
  • Regional analysis of the market with a detailed graph
  • Detailed segmentation in tabular form of market
  • Recent developments/news of the market
  • Opportunities & Challenges of the Market

Competitive Landscape:

The U.S. online Poker Market is characterized by rapid growth, technological innovation, and fierce competition. Companies are expanding their global presence, focusing on sustainability, and diversifying their service offerings to stay competitive.

Some of the Key Market Players:

  • PokerStars
  • BetMGM Poker
  • Borgata Poker
  • WSOP.com
  • Partypoker
  • 888poker Playtika
  • Zynga Inc.
  • Arkadium
  • Quadrific Media Pvt Ltd.
  • BLITZPOKER
  • Ignition
  • Americas Cardroom
  • BetOnline
  • True Poker
  • Bovada
  • Juicy Stakes

 

Analyst View:

In the U.S. market, operators like PokerStars and Full Tilt Poker used to be small entities, but since Black Friday in 2011, a fragmentation process began, with legislation very different from one country to another, added pressure from new entrants, and social gaming products pressing on the industry. Improved technology has increased the reach of online poker to younger demographics, especially those who love mobile gadgets with user-friendly applications and responsive websites. Demographic changes at a rapid pace, like urbanization and lifestyle changes, have also significantly shifted people’s interest in these online gambling activities. Trends affecting the U.S. online poker market include changing laws and regulations that have enabled operators to invest, innovate, and develop their businesses around uniformity and clarity. The promulgation of specific licensing rules, consumer protection, and dispute resolution procedures has resulted in a more respectable and trustworthy sector for players regarding the integrity and fairness of the games.

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Market Dynamics:

Drivers:

Involvement of Technology

  • Geographical barriers have been eliminated and competition heightened because of the very wide coverage of high-speed access to the Internet at reasonable prices. The result is the wide reach of online poker. There is an increase in the number of poker players who play on mobile gadgets; most of those are from younger demographics, where more user-friendly mobile applications and responsive websites have been created. Thanks to advancements in gaming technology, now players can join in on poker games that are ever more realistic, complete with engrossing gameplay, stunning graphics, and animations that seem like real life.

Demographical changes

  • Since they are more familiar with using digital devices and they all have a liking for online entertainment, there is a growing interest in online gambling activities among the younger population, particularly poker. Online poker has been trendier of late since many people have leisure time and disposable income to seek new types of entertainment, resulting from urbanization and lifestyle changes. The proliferation of social media and forums has provided a launch pad through which poker culture proliferates, drawing new players into the fold. Online poker is, therefore, a preferred option as the quest for easy leisure options increases amid lifestyles that grow busier with each passing day and working hours getting longer.

 

Market Trends:

Changes in Law and Regulation

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  • The online poker industry will expand based on a very supportive regulatory framework. Operators can invest, innovate, and develop their businesses based on a firm platform provided through uniformity and clarity in the laws. A state that takes a lax approach will promote innovation and competitiveness and have more participants attracted to it. Too rigid a law may completely stifle development and compel operations on the black market. Jurisdictions harmonize gambling laws to create a level playing field and facilitate cross-border operations. More significantly, specifying certain licensing rules, consumer protection, and dispute resolution procedures have made this sector more respectable and trustworthy for its participants, increasing players’ trust in the integrity and fairness of the games.

Segmentation:

U.S. online Poker Market is segmented based on Type, Application, and Region.

Type Insights

  • The online poker market is segmented based on the device or platform a player uses to hook up and play these games. Where a mobile poker player utilizes either a tablet or a smartphone, a desktop poker player gets connected via their desktop PC or laptop. One can segment platforms further into downloaded software, which opens the full gaming experience to advanced features with options to customize, or web-based software that comes handy but may have some restrictions. Online poker operators should know these segments perfectly to adjust their offers and marketing efforts. Mobile optimization is what engages more eyeballs; unique features on a certain platform enhance the user experience and loyalty. Among these categories, one can define target audiences, understand their tastes, and develop player acquisition and retention strategies.

Application Insights

  • The segmentation of online poker includes end-user and game types. Gaming fanatics are those expert gamers who spend a lot of time and money over the game. The dabbler category includes those people who sometimes play poker for fun but not with the motive of earning money. The socially exuberant group in the online poker community plays poker for the sake of social contact and relationship building. Teens and adults would attract young players mainly those who have a huge attraction to low-stakes games. The most played poker variant would be the Texas Hold’em Poker, followed by Omaha, 7-Card Stud, 5-Card Draw, and lastly The Queen. Other potential segments include device categories like mobile, desktop, tablet, PC, gaming console, and arcade games, while others are methods of payment, like credit cards, debit cards, and net banking. Knowing this enables an online poker operator to orient the product offerings, marketing strategies, and user experience toward the target audiences.

Recent Development:

  • In February 2024, OneVerse acquired Spartan Poker; and set aside $120 million for M&A in real-money gaming. Metaverse and gaming tech company OneVerse has acquired online poker startup Spartan Poker and earmarked $120 million (~Rs 1000 crore) for mergers and acquisitions targeted towards real-money gaming companies in India. The sector is currently reeling under the cost pressures of high taxation and customer retention.

Regional Insights

  • North America:

The North American online poker market is complex and dynamic; the United States itself is a nascent yet potential jackpot in its entirety. It is characterized by state-by-state regulation against the patchy backdrop of laws and the 2011 “Black Friday” crackdown. Barring all odds, online poker has been legalized by a few states, and it is slowly gaining its lost glory. Some of the important states representing the market are New Jersey, Nevada, Delaware, Michigan, and Pennsylvania.

Such challenges include regulatory uncertainty, market fragmentation, and black markets. Another challenge to the operators and players is the inconsistent regulatory environment from state to state. A contributing factor to this market fragmentation is the lack of interstate poker agreements that hold back player pools, killing competition in its tracks. Illegal online poker sites remain in operation, tainting the legal marketplace.

Browse Detail Report on “U.S. Online Poker Market Size, Share, By Type (Texas Hold’em, Omaha, Seven-Card Stud, and Other Games), By Platform (PC, Tablet, Smartphone, Gaming Console, and Arcade Games), By Application (Gambling and Entertainment), By End-User (Gambling Enthusiasts, Dabblers, and Social Exuberant Players) – Trends, Analysis, and Forecast till 2034” with complete TOC @ prophecymarketinsights.com/market_insight/u-s-online-poker-market-5338

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Emerging Poker Styles

Exploring Every Poker Variation: A Complete Guide to the Game’s Endless Possibilities

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Poker, a game often hailed as a test of skill and strategy, is available today in new formats and variants. Although the essence of the game remains intact, the dynamics shift frequently because of these innovations.

New versions mean unique gameplay, challenges, and strategies. Many players quickly adapted to the latest poker games, but some felt overwhelmed with new rules and styles.

If you’re a poker fan, stay tuned. Here, you’ll learn about all available poker game variations and emerging trends to become the master of this classic card game.

Classic Poker Variations That Stood the Test of Time

Nothing can beat the charm of classic poker games. You’ll easily find these game variations on every online and offline casino table.

Texas Hold’em

This most popular poker game is the crown of classic card games. Whether playing at a live VIP table or in tournaments, Texas Hold’em is available in both formats. With its emphasis on strategy, dodging bluffs, and analyzing opponents, this high-intensity card game keeps the players hooked throughout the gameplay. Players must make two private cards and five community cards to build the best hand.

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Omaha

A closer relative to Texas Hold’em, this game requires using two hole cards and three community cards to form a hand. It’s a more challenging and rewarding version for pro poker players.

Seven-Card Stud

This was the go-to poker game before Texas Hold’em took center stage. During seven-card stud gameplay, players receive face-up and face-down cards. This game requires sharp memory and observation skills to show the A-game. Its methodical pace appeals to players who value skill over chance.

Five-Card Draw

Many beginners start their poker gaming journey by playing a five-card draw game. This version is like a training session where players aim to improve their hands by exchanging cards. Though simple, it still requires strategic decision-making. The game is also a top choice in casual gatherings.

Emerging Poker Styles Gaining Popularity

Poker has a deep history of offering varied styles to impress beginners and seasoned players. Check out three innovative poker styles that gained popularity by providing fresh challenges to skilled players.

  • Short Deck Hold’em:

This variation uses a smaller deck, removing cards ranked 2 to 5. As a result, players encounter more high-ranking hands. This format leads to unpredictable and action-packed gaming sessions.

  • Pineapple Poker:

Players start with three-hole cards in this quirky twist but must discard one after the flop. This added layer of strategy makes it both fun and engaging.

  1. Open-Face ChinesePoker:

Unlike a traditional poker game, this one focuses on arranging the cards in three hands: two of five cards and one of three cards. Hand rankings and bonuses for specific combinations are used to score.

Regional Poker Variations and Their Unique Rules

Poker’s global reach also led to fascinating regional adaptations.

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In Asia, Pai Gow Poker merges aspects of Chinese dominoes with the traditional poker game. Players vie against the dealer to create the most advantageous high and low hands. However, a widely embraced Asian variant is Badugi. Badugi requires players to assemble the lowest possible hand using cards from different suits.

Although both games stem from a shared heritage, they provide unique experiences that resonate with broader audiences. This diversity in gameplay addresses the differing preferences among poker lovers.

Next, European adaptations also bring their flair to the table. Irish Poker combines aspects of Texas Hold’em and Omaha. This regional version offers players four-hole cards but requires them to discard two after the flop. Meanwhile, European Stud Poker replaces blinds with antes, emphasizing skill over luck.

Hands-down, these variations highlight poker’s versatility and the game’s adaptability to various gaming cultures.

Understanding the Appeal of Poker Tournaments

The variety of formats in poker tournaments is an appealing aspect of the card game. From casual games to marathon-style multi-table tournaments, there is something for every player’s skill level and schedule.

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Online platforms gave more open access to participate in these challenging tourneys and win big. Pro poker players from anywhere across the globe can join these exclusive events without ever raising their heads from a couch. Moreover, tournaments like the World Series of Poker (WSOP) offer a chance to go head-on with more talented players globally.

Quick Tips to Master the Popular Poker Variations 

While the rules of poker may vary, the principles of success remain the same. To win, start by focusing on one variation and mastering its nuances. For example, understanding pot odds and positional advantages in Texas Hold ’em can significantly improve your game.

Another crucial aspect is bankroll management. Ensure you set a gambling limit and stick to it if you’re on a losing streak. Additionally, look for valuable insights and strategies on online forums. 

FAQs

  1. What is the easiest poker game for beginners?

Texas Hold’em is an ideal poker game for newcomers due to its simple gameplay.

  1. Are poker tournaments only for professionals?

Not at all. Many tournaments cater to amateurs, with lower buy-ins and more casual settings.

  1. How do you choose the right poker variation to play?

Before playing the game, consider your skill level and risk tolerance. Further, consider whether you like more strategic gameplay or fast-paced action.

  1. Are regional poker variations harder to learn?

Not always. Once you understand basic poker principles, learning regional variations is relatively easy.

Wrapping It Up

Poker’s diversity is what makes the game so enduring worldwide. New formats and distinct gameplay can significantly improve the experience.

Whether you’re a professional player or even if you wish to enjoy the game casually, there’s a version to suit anyone’s gaming style. With a thorough understanding of the game’s rules and practice, you’ll thoroughly enjoy the game at its peak while beating the opponent more often.

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The post Exploring Every Poker Variation: A Complete Guide to the Game’s Endless Possibilities appeared first on Gaming and Gambling Industry in the Americas.

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BMM Testlabs

BMM Testlabs Earns Accreditation in Maranhão, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms

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BMM Testlabs, the world’s original gaming test lab renowned for exceptional product compliance and testing services, today announced its official accreditation to test systems and games for the Brazilian state of Maranhão.

This new accreditation allows BMM Testlabs to test fixed-odds betting systems and lottery platforms for the Maranhão market. The Company is now authorized in every Brazilian jurisdiction that has regulated at state-level online fixed-odds betting.

The Maranhão accreditation, issued by Maranhão Parcerias SA (MAPA/LOTEMA)authorizes BMM Testlabs to work with lottery operators in the state to ensure compliance and quality standards for the gaming and lottery industry through end-to-end product compliance testing for Maranhão’s standards.

Additionally, Brazil’s Secretaria de Prêmios e Apostas has federally authorized BMM Testlabs to test betting systems, live gaming studios, and online games used by fixed-odds betting operators.

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BMM Testlabs’ Marzia Turrini, President of iGaming & Cybersecurity, said, “We are excited and deeply honored that the State of Maranhão’s official lottery has entrusted BMM Testlabs with the responsibility of testing products for their new online fixed odds betting program, knowing that we’ll do so with the highest levels of impartiality, technical expertise, transparency, efficiency, and, most of all, integrity.”

With the Maranhão accreditation, BMM Testlabs solidifies its position as the leading independent test lab in Brazil. BMM Testlabs is accredited in all jurisdictions that have authorized fixed-odds betting for online gaming and sports betting.

BMM Testlabs brings 44 years of global leadership in product compliance across regulated markets and is trusted by games, systems, and lottery manufacturers, suppliers, developers, and regulators worldwide.

In addition to product compliance testing, BMM Testlabs provides end-to-end cybersecurity protection solutions. Through its sister company, RG24seven Virtual Training, BMM also offers compliance-grade virtual training on responsible gaming, anti-money laundering, and other important topics – presented by industry experts and available in English, Spanish, and Portuguese.

The post BMM Testlabs Earns Accreditation in Maranhão, Brazil To Test Fixed Odds Betting Systems and Lottery Platforms appeared first on Gaming and Gambling Industry in the Americas.

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Conferences

Meridianbet CEO Showcases GMGI’s $163M FY2024 Revenue, USA & Brazil Entry at ICR 2025 Conference

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In a packed room at the prestigious ICR 2025 Conference held in Orlando, FL, Zoran Milosevic, CEO of Meridianbet, captivated the audience of elite investors with GMGI’s remarkable growth story and series of strategic market entries that position the company for significant value creation in 2025 and beyond. The company also led the conference with the highest number of one-on-one investor meetings, signaling strong interest in its growth trajectory.

The world-class event, also known as the financial market Super Bowl, is recognized as the planet’s premier small and medium-cap conference for US listed companies. It brought together over 3,000 attendees, including institutional investors, sell-side analysts, investment bankers, and private equity professionals.

This builds on the success at the 2024 Citi Global TMT Conference, when the company shared insights alongside industry giants like DraftKings, FanDuel, and IBM.

61% Year-Over-Year Growth Positions GMGI as Gaming Industry Leader

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The world’s elite investment audience found out a compelling history of growth: GMGI’s preliminary FY 2024 revenue surged 61% year-over-year to $150 million, with pro forma consolidated revenue reaching $163 million.

This exceptional growth trajectory, driven by strategic market expansions and technological innovation, showcases GMGI’s emerging dominance in the global gaming landscape.

Brazil: A Game-Changing Market Entry

In what could prove to be a transformative catalyst, Meridianbet secured a coveted federal license in Brazil – a market projected to reach $2.5-4 billion annually. With instant access to over 100 million potential customers across all 26 states, this strategic move positions GMGI to capture substantial market share in one of the world’s most lucrative gaming opportunities.

North American Expansion Accelerates

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The Group’s momentum in North America exemplifies its multi-market growth strategy:

  • Strategic entry into the rapidly expanding U.S. sweepstakes gaming market, leveraging proprietary content from Expanse Studios
  • Pending gaming license in Ontario, Canada’s largest regulated market
  • Deployment of AI-driven gaming solutions to maximize player engagement and retention

 

GMGI’s Unified Ecosystem: A Competitive Moat

Meridianbet CEO showcased how the Group’s six synergistic companies create a formidable competitive advantage, presenting to investors a unique ecosystem:

  • Meridianbet’s presence in 18 regulated jurisdictions, powered by 1,200+ employees including 100 software engineers
  • Expanse Studios’ proprietary game development driving high-margin revenue lowering the reliance on third-party content
  • Strategic assets across key growth markets: Mexplay in South America, Rkings in the UK, and Classics for a Cause in Australia

2025: Multiple Growth Catalysts Ahead

The confluence of strategic initiatives positions GMGI for accelerated growth:

  • Brazil market ramp-up expected to drive substantial revenue expansion
  • Proprietary AI technology deployment enhancing player monetization
  • First-mover advantages in newly regulated markets
  • Continued margin expansion through operational efficiencies

For investors seeking exposure to the explosive growth in global gaming, GMGI represents a unique opportunity: a proven operator with proprietary technology, multiple growth vectors, and strategic positioning in the world’s most promising gaming markets.

The post Meridianbet CEO Showcases GMGI’s $163M FY2024 Revenue, USA & Brazil Entry at ICR 2025 Conference appeared first on Gaming and Gambling Industry in the Americas.

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