The popularity of the game of poker, especially as it is played online, has continued to increase. This is in accordance with recent reports with regard to the Poker Pages Industry Index. The Poker Pages Industry Index indicates that there has been a 30 percent growth in online gambling during the first quarter of 2018 as compared with a similar period the previous year.
For the first quarter of 2018, the PPII is currently at 130. This shows a growth of 30 percent as compared with the same period last year. The total expenditure in dollars was just over $98 million. During the last 12 months the growth continues to be very strong. For this period the buy-in Index for the period is at 155. This indicates a growth of 55 percent during the past 12-month period.
PPII founder Mark Napolitano, commenting on the latest figures, it is reported, has said that the industry growth has also being assisted by a rising buy-in per entry average. The Index of Average Buy-in per Entry for the most recent quarter is 113. This indicates an overall growth of 13 percent versus the same quarter in the previous year. The average buy-in per entry was $1 207. This again represents a trend indicating four successive months over $1,000 average buy-ins per entry.
There was a slowdown in growth to $33.9 million in March in buy-in numbers as indicated by the result of a 29 percent decrease in the total numbers of players who were competing at the Party Poker.com Million Main Event. This was also a slow month for the WSOP circuit. April however, is expected to be a good month due to the introduction at the Foxwoods Casino in Connecticut of a new World Poker Tour Event. This is in addition to the $25,000 championship event at the Bellagio in Las Vegas, scheduled for later in the month.
Also, according to Napolitano, we should watch out for a quick impact to be made with the inaugural event in May of the newly formed International Poker Association’s Tour. He says that he will be closely monitoring the stats leading up to the World Series of Poker, for April, May and June, in order to help determine the overall expected pace for 2018.