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- A major U.S. online poker operator reported notable year-over-year revenue growth last month, driven by a recent software migration and the integration of a multi-state shared player pool.
- The performance figures highlight the ongoing strategic importance of interstate liquidity agreements as operators seek to improve market viability across regulated jurisdictions.
PokerStars on FanDuel generated an estimated $2.6 million in revenue across Michigan, New Jersey, and Pennsylvania in August 2026, up 14% from a year earlier, according to Poker Industry PRO estimates cited by Gambling.com.
The report said PokerStars on FanDuel was the only one of the “big three” US-regulated online poker brands to post year-over-year growth in August. The result points to continued momentum after the operator moved US players to iPoker software in April 2026 and combined its networks into a single three-state player pool.
Software switch and shared liquidity remain key drivers
According to the report, PokerStars has produced an estimated $12.9 million in revenue in the five months since the April switch, up 9.4% from $11.8 million in the same period in 2025.
The April migration brought together Michigan and New Jersey, which already shared player liquidity, with a previously standalone Pennsylvania network. Shared liquidity is a major issue in US online poker because regulated poker remains legal in only a small number of states, and larger player pools can support more game selection and tournament activity.
The report said PokerStars NJ is now the single largest individual online poker site in New Jersey, although the combined BetMGM network, including Borgata and PartyPoker, remains larger overall in that state.
Growth in New Jersey and Michigan offsets Pennsylvania weakness
New Jersey appears to be a major part of the brand’s recent gains. The report estimated PokerStars NJ is growing 30% year over year, with Michigan expanding at a similar pace.
Pennsylvania, however, is still described as being in decline despite access to the larger shared player pool.
That mixed state-by-state picture matters because interstate liquidity is still limited in the US. The Multi-State Internet Gaming Agreement includes Nevada, Delaware, and West Virginia as signatories, but the report noted that not every signatory has fully gone live with shared tables.
For operators, the August figures add to the case that combining state networks can improve poker market viability. For readers tracking regulated US iGaming, the next point to watch is whether more states join shared liquidity arrangements and whether PokerStars can sustain growth outside New Jersey and Michigan.
Source: As reported by Charlie Mullan.
