Online poker is becoming an ever-decreasing asset for The Stars Group

[Shells]

The Stars Group Q2 latest figures provide a stark contrast to 2018. Although online casino gaming and sports have gradually gained prominence since Amaya purchased pokerstars in 2014, the dynamics have now completely shifted.


With the wsop, Triton and Grosvenor casinos recently setting records, interest in the game is higher than it’s been for years, do you think PokerStars will continue to attract online poker players?

Online Poker Demoted Again as Sports Betting Dominates Stars Group Revenue

 

[Millie232]

With constant rake and prize changes that favour net depositors, I’m not surprised to see many high stakes players who provide a lot of rake leaving the site. Stars is favouring high volume, mid stakes, losers over all other groups. It gives them a niche, certainly, but not one I can see being overly profitable.

 

[wpilson70]

Not sure if Stars will continue to attract new players. I seriously doubt anyone in this forum could say with absolute certainty one way or the other.

You’d have to be pretty naive not to see how online casinos and sports wagers clearly make more money for the company than the rake from poker online. And how that has grown big time in only a few short years.

 

[fundiver199]

The fact, that revenue from sports betting and casino games is increasing, does not make poker a "declining asset". It would have been more interesting to know, if revenue from poker declined, and if so by how much. My hunch is, it probably did, since traffic seem to have declined on Stars over the last year, but the article deny us that information.