PokerStars Summer Stacks has been hosted in three States- Michigan, Pennsylvania, and New Jersey. Main event final weekend performances in Michigan and Pennsylvania were strong, but New Jersey fell a little short of expectations. The Summer Stacks had a low buy-in of just $100 to bring in more players.
Both Michigan and Pennsylvania were able to cross the guarantee that had been set for the different events. But Pennsylvania had the more stand-out performance. On the final weekend for Summer Stacks, Pennsylvania went $72,462 above the set guarantee.
New Jersey had a relatively weaker performance, but that too was enough for the State to earn a profit in revenue from the event.
Michigan Summer Stacks had its biggest weekend last week. They were able to hot their guarantees for the first time in the three weeks that PokerStars has been running Summer Stacks. The weekend saw the highest number of participants in Michigan, with 6,824 players joining in. Michigan had almost $20,000 extra in its prize pools.
Over the weekend, Events 77 and 81 performed very well in Michigan and collected almost 50% extra above the guarantee. Michigan’s third-weekend haul was overall 7% above the expected guarantee. The only events to miss their guarantees by huge margins were Event 82 and Event 87.
Pennsylvania’s third weekend of Summer Stacks was very successful. On the final weekend, Pennsylvania had 8,378 players, and it was able to cross its guarantees by a massive 25%. As a result, the Pennsylvania total prize pool for the third weekend of Summer Stacks was $360,000.
Only four events in Pennsylvania missed their guarantees by very small margins. The biggest miss was Event 82 that missed its guarantee by just $800.
The main event in Pennsylvania went $32,000 above guarantee on the third weekend.
New Jersey’s third weekend of Summer Stacks was a little weak. But it missed its total guarantee by just $6000. The third weekend in New Jersey was only 5% less than the set guarantee.
But New Jersey had initially started off the weekend very strong. The first two events were able to cross their guarantees by more than 77%. But the next 11 events were unable to meet their guarantees.
Event 85 saw the biggest miss of the weekend, and PokerStars had to put in $4000 from their part to meet the prize pool. The main event of the third weekend in New Jersey missed its guarantee by less than $1000.
Overall, we can say that Summer Stacks had a quite satisfactory weekend for PokerStars as well as for State gaming revenue collectors.