The competitive landscape for "real money online poker" has intensified, but consolidation through M&A activity in 2024 is likely to help listed firms achieve stronger EBITDA margins. What we’re seeing is a balance shift. Vegas will always be the spot for bachelor parties, conventions, and wild weekends. But the day-to-day gambling culture? That’s moving online. And if the current numbers are anything to go by, it’s not just a phase; it’s the new normal. Plus, you can anonymously enter any online poker room or table without worrying about having your data tracked or more advanced players stalking you. Regional segmentation data shows Asia’s contribution to "real money online poker" revenue is up from 19% to 25% YoY, making it a critical geographic growth engine in equity valuation models.
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