South Point Launches Nevada Web Poker ProductCasino Is Third In Silver State With Real-Money Games |
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A third Nevada online poker operator is now taking action.
Real Gaming, the brand under which South Point Casino has ventured into the online space, has began what is considered its soft launch phase. The firm’s website can be found here.
Originally slated to be called “South Point Poker”, the company re-branded last year.
South Point was once considered to be the favorite to be the first Nevada site up and operational, but it was leapfrogged to the market by Ultimate Poker — an offshoot of Station Casinos — and the WSOP — owned by Caesars Entertainment Corp.
Ultimate Poker began action last spring, while the WSOP started last fall.
South Point received an online gambling license in 2012.
Right now, the site is offering no-limit hold’em cash game stakes up to $5-$10, in addition to small-stakes sit-and-gos. There are no multi-table tournaments at present.
Only people, aged 21 and up, located physically within Nevada can play.
In addition to Nevada, New Jersey and Delaware have online poker. Some sort of compact between the three states is likely, but not for quite some time.
According to PokerScout.com, WSOP (Nevada) and Ultimate Poker (Nevada) are averaging 110 and 75 cash game players over the past week, respectively. That’s what Real Gaming will have to compete with. Nevada has a population of only around 2.7 million.
One of the benefits of having a third Nevada site running is that it will allow the Silver State to eventually report some official numbers on web poker revenues. Last year, live and online poker in Nevada brought in $123,891,000, though it’s unclear what the breakdown was.
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