{"id":31339,"date":"2019-12-11T11:00:28","date_gmt":"2019-12-11T12:00:28","guid":{"rendered":"https:\/\/www.pokerscout.com\/?p=31339"},"modified":"2019-12-11T12:48:09","modified_gmt":"2019-12-11T12:48:09","slug":"good-signs-pokerstars-beefs-up-pacoop-as-michigan-adds-online-poker","status":"publish","type":"post","link":"https:\/\/www.pokerscout.com\/good-signs-pokerstars-beefs-up-pacoop-as-michigan-adds-online-poker\/","title":{"rendered":"Good Signs \u2013\u00a0PokerStars Beefs Up PACOOP as Michigan Adds Online Poker"},"content":{"rendered":"<p>Pennsylvania online poker already seems to be off and running \u2013\u00a0with some big results. That certainly had some repercussions for the <strong>PokerStars Pennsylvania Championships of Online Poker (PACOOP)<\/strong> last week.<\/p>\n<p>The first major online poker tournament series in the state boasted <strong>50 events<\/strong> and a <strong>$1 million guarantee<\/strong>. However, after a successful first weekend that was boosted <strong>$125,000<\/strong> last week.<\/p>\n<p><strong>PokerStars<\/strong> then followed that up with another increase to a total of <strong>$1.225 million<\/strong>.<\/p>\n<div class=\"redheader-cta tb_edit_table\">\n<div class=\"tb_editlinks\"><\/div>\n<div class=\"usp-table cta\">\n<div class=\"sr-header\">\n<p>Play Online Poker for Real Cash Prizes \u2013 US Players Accepted<\/p>\n<\/div>\n<ul class=\"usp-list\">\n<li>\n<ul class=\"usp-item\">\n<li class=\"usp-logo\"><img decoding=\"async\" class=\"thirstylinkimg\" src=\"https:\/\/www.pokerscout.com\/wp-content\/uploads\/2019\/12\/global-logo-3.png\" \/>Visit Global Poker &#8211; US Players Accepted<\/li>\n<li class=\"usp-bonus\">5,000 Gold CoinsOn Sign Up<\/li>\n<li class=\"usp-details\">Global Poker &#8211; US Players Accepted ReviewOverall Grade A\n<ul class=\"usp-item-checklist-alt\">\n<li><i class=\"fa fa-check\"><\/i>Games B+<\/li>\n<li><i class=\"fa fa-check\"><\/i>Support A<\/li>\n<li><i class=\"fa fa-check\"><\/i>Banking A+<\/li>\n<li><i class=\"fa fa-check\"><\/i>Signup Bonus A<\/li>\n<\/ul>\n<\/li>\n<li class=\"usp-button\">PLAY NOW<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<blockquote><p>\u201cOur average guaranteed clearance and overall performance of this first-of-its-kind poker tournament for Pennsylvania players has exceeded our initial expectations,\u201d <b>FOXBet<\/b> US President <b>Matt Primeaux<\/b> said.<\/p><\/blockquote>\n<p>That and some movement in other states have added some forward momentum to the US online poker scene.<\/p>\n<h2><span id=\"positive_trend_for_the_pa_online_poker_market\">Positive trend for the PA online poker market<\/span><\/h2>\n<p>The <strong>PACOOP<\/strong> trend might show some of what players can expect in the <strong>Keystone State<\/strong>. Most events have met their guarantees with only six tournaments producing an overlay.<\/p>\n<p>PACOOP includes a variety of tournaments with buy-ins ranging from <b>$30 to $750<\/b>. Plenty of events still remain on the schedule this week with action culminating on Monday, <b>Dec. 16<\/b>.<\/p>\n<p>The first weekend of play saw big fields exceeding guarantees. However, on Sunday four events missed their guarantees.<\/p>\n<p>As the series plays out, PokerStars may be using PACOOP as a learning experience to determine which events work best in the market. The platform can fine-tune tournaments offered and number of entries based on demand.<\/p>\n<p>One of those remaining includes the <b>$300 Main Event<\/b>, set for Sunday. The two-day event features a <strong>$100,000<\/strong> guarantee. It will be interesting to see how the tournament plays out in regards to entries and if the guarantee is met.<\/p>\n<p><b>WSOP.com<\/b> and <b>partypoker<\/b> are also believed to be seeking licenses in Pennsylvanie. When and if those sites launch, it will be interesting to see the ramifications in the market.<\/p>\n<p>However, representatives from both companies told <i>USPoker.com<\/i> there is no news yet to report. For now, PokerStars keeps its head start in the market.<\/p>\n<h2><span id=\"a_quick_look_at_the_new_jersey_market\">A quick look at the New Jersey market<\/span><\/h2>\n<p>With most PACOOP meeting guarantees and major Sunday participation, online poker in the US may be moving in a positive direction.<\/p>\n<p>In <b>New Jersey<\/b>, online poker has stagnated but shown some small gains in recent months. However, PokerStars was the only operator showing growth in the month ending Oct. 19.<\/p>\n<p>PokerStars saw a <strong>12% increase<\/strong> in rake from <strong>$501,000 to $559,000<\/strong>, according to <a href=\"https:\/\/pokerfuse.com\/news\/law-and-regulation\/211033-pokerstars-grows-revenue-new-jersey\/?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+pokerfuse+%28Pokerfuse+Latest+News+Articles%29\"><i>PokerFuse.com<\/i><\/a>. That corresponded with the site\u2019s <strong>NJCOOP<\/strong> series.<\/p>\n<p><b>Caesars\/WSOP.com<\/b> remains the market leader and regularly posts rake numbers in the $600,000 to $800,000 range. That was highlighted in June by an <strong>$862,000<\/strong> month and then <strong>$816,000<\/strong> in July.<\/p>\n<p>WSOP.com benefits from a shared liquidity market with New Jersey and Delaware. The ability of New Jersey players to participate in <strong>bracelet events<\/strong> adds to its numbers.<\/p>\n<p><b>Borgata\/partypoker<\/b> has remained in third for much of 2019. Its rake is typically in the $300,000 to $500,000 range.<\/p>\n<p>Clearing up the <b>Wire Act<\/b> could offer some help for the Garden State, with additional shared liquidity possible. That doesn\u2019t look to happen until sometime in 2020.<\/p>\n<h2><span id=\"michigan_and_other_states_showing_online_poker_movement\">Michigan and other states showing online poker movement<\/span><\/h2>\n<p>With Pennsylvania now the fourth state with legalized online poker, more good news came this week for players.<\/p>\n<p>According to <i>Online Poker Report<\/i>, <b>Michigan<\/b> lawmakers have no reached an agreement to legalize online gambling. That would also include poker.<\/p>\n<blockquote><p>\u201cThis was a very difficult process,\u201d\u00a0 <b>Sen. Curtis Hertel Jr.<\/b> said, \u201cso I\u2019m really happy to be able to get it this far and excited for the voting the next two days.\u201d<\/p><\/blockquote>\n<p>Commercial and Indian casinos would be allowed to offer online gaming under the plan. The bill was expected to pass the <b>House<\/b> and <b>Senate<\/b> this week. <b>Gov. Gretchen Whitmer <\/b>is expected to sign the legislation.<\/p>\n<p>There is no timetable yet on when online gambling might launch in the Wolverine State.<\/p>\n<p>It appears <strong>Kentucky<\/strong> may also offer some hope as another online poker state. <b>Rep. Adam Koenig<\/b> attempted to make it happen in the spring with a bill legalizing online poker and sports betting.<\/p>\n<p>The bill never passed, but <i>Online Poker Report<\/i> notes that it may have a better shot in <b>2020<\/b>, a budget year. <strong>Gov.<\/strong> <b>Andy Beshear<\/b> is an ally and expressed support for online gaming when he served as attorney general.<\/p>\n<p>Another state, <b>West Virginia<\/b>, legalized online gambling and poker in 2019. With a small population, however, shared liquidity may be vital to its success.<\/p>\n<p>While <b>sports betting<\/b> has been faster at finding state legalization, it may help online poker in the long run. Many in the industry feel states legalizing sports betting may eventually add poker to the mix.<\/p>\n<p>That approach remains to be seen, but there are some signs the poker pie may be growing.<\/p>\n<p>The post Good Signs \u2013\u00a0PokerStars Beefs Up PACOOP as Michigan Adds Online Poker appeared first on .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pennsylvania online poker already seems to be off and running \u2013\u00a0with some big results. That [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31341,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"link","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","vebbtech_seo_disable_yoast":false,"vebbtech_seo_hide_author":false,"vebbtech_seo_hide_date":false,"vebbtech_seo_hide_factchecker":false,"vebbtech_seo_fact_check_enabled":false,"vebbtech_seo_post_reviewer":0,"vebbtech_seo_post_review_date":"","footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-31339","1":"post","2":"type-post","3":"status-publish","4":"format-link","5":"has-post-thumbnail","7":"category-news-category","8":"post_format-post-format-link"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Good Signs \u2013\u00a0PokerStars Beefs Up PACOOP as Michigan Adds Online Poker -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pokerscout.com\/good-signs-pokerstars-beefs-up-pacoop-as-michigan-adds-online-poker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Good Signs \u2013\u00a0PokerStars Beefs Up PACOOP as Michigan Adds Online Poker -\" \/>\n<meta property=\"og:description\" content=\"Pennsylvania online poker already seems to be off and running \u2013\u00a0with some big results. 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