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Nevada Rakes In $119.9 Million From Poker In 2014

Revenue From Poker Falls From 2013's $123.9 Million

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Statewide poker revenue in Nevada for calendar year 2014 was $119,904,000, according to figures just released by Silver State gaming regulators. The total was a drop off from the $123,891,000 in poker revenue in 2013—a decline of about three percent.

The poker revenue in 2013 was the first increase year-over-year since 2006 to 2007, so the uptick for poker in Nevada (which includes online play) was short-lived.

The last time Nevada’s poker revenue was below $120 million was in 2004, when revenue from the game was $98.8 million. The year 2007 has the record of just under $168 million.

The number of live poker rooms in Nevada in 2014 was 79, the fewest since the 79 in 2004. In 2013, the number of poker rooms in the Silver State was 88.

In terms of tables, 2014 saw 736 tables (presumably an average because the number of tables does fluctuate by the month). Last year, there were 774 poker tables.

In terms of live poker, offerings in Nevada are still on the decline. Rooms continue to close. The latest to bite the dust was the poker room at the Linq on the Strip.

In the online space, Nevada has two web poker operators—a WSOP-branded online poker site and an online site from South Point Casino. Nevada apparently didn’t release information on how much of the $119.9 million in 2014 poker revenue came from the Internet.

Closer to the end of last year, an online poker site from Station Casinos closed its virtual doors in Nevada (as well as New Jersey) due to lackluster revenue.

Overall gaming revenue in Nevada in 2014 was $11.02 billion, down from the $11.14 billion in 2013. Poker represents just a minuscule part of the Silver State gaming industry.