Nevada Poker Rooms Rake $8.7M In OctoberRevenue Nearly Unchanged Year-Over-Year |
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Nevada poker rooms raked $8.7 million from cash games in October, according to figures released this week by state gaming regulators.
The amount was basically unchanged (0.23-percent decrease) compared to the money raked in October 2015. There were 65 poker rooms statewide with a combined 610 tables last month. Nevada doesn’t release information on money raked from tournaments.
Strip area poker rooms had $5.4 million of the statewide total rake, which was a nearly one-percent increase compared to October 2015. There were 20 poker rooms in or around the main casino corridor, with a combined 274 tables.
In the 12 months prior to Nov. 1, the Nevada poker industry raked $117.8 million, nearly unchanged from the same period a year prior.
Here’s a look at Nevada’s poker revenue so far in 2016:
January: $9.5 million (2.85-percent decrease)
February: $8.98 million (5.44-percent increase)
March: $9.68 million (0.01-percent decrease)
April: $8.57 million (0.86-percent increase)
May: $8.88 million (13.92-percent decrease)
June: $16.14 million (1.88-percent increase)
July: $12.33 million (7.63-percent increase)
August: $8.24 million (3.23-percent decrease)
September: $8.44 million (1.47-percent increase)
October: $8.71 million (0.23-percent decrease)
Nevada poker revenue fell 1.57 percent in 2015 to about $118 million.
Online poker revenue is included in Nevada’s poker revenue figure, but the state doesn’t provide a breakdown between live and internet play.
Here’s a comparison between the commercial poker markets in other casino-heavy states:
New Jersey: $4.5 million
Pennsylvania: $4.75 million
Maryland: $2.8 million
(Revenues from October 2016)
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