Sweden is looking to modernize a large part of its gambling industry. Per a report from Reuters, the country’s government on Thursday proposed a move to transition from a state …
Nevada Poker Report Feb. 2018: The Upward Trend Continues
February was a good month for live poker in Nevada. The Nevada Gaming Control Board’s latest revenue report shows a 1.44 percent year-over-year increase in poker revenue for the month, despite the number of poker rooms and poker tables continuing to decline.
Poker revenue for the month was $8,960,000, with the NGCB counting 64 poker rooms and 587 poker tables in February. In February 2017, the state’s 67 poker rooms boasted 600 tables and tallied $8,833,000 in revenue.
This trend is pretty impressive, Revenue increased even though the number of rooms decreased by nearly five percent, and tables by two percent.
Because of this, on a per table basis, February 2018 saw revenue rise by more than $500 compared to February 2017:
- February 2017 table average: $14,721
- February 2018 table average: $15,264
2018 live poker revenue in Nevada
12 month poker room and table trend
March 2017: 66 poker rooms and 596 poker tables
April 2017: 64 poker rooms and 586 poker tables
May 2017: 62 poker rooms and 724 poker tables
June 2017: 62 poker rooms and 731 poker tables
July 2017: 63 poker rooms and 724 poker tables
August 2017: 63 poker rooms and 603 poker tables
September 2017: 62 poker rooms and 598 poker tables
October 2017: 61 poker rooms and 572 poker tables
November 2017: 62 poker rooms and 580 poker tables
December 2017: 61 poker rooms and 562 poker tables
January 2018: 63 poker rooms and 568 poker tables
February 2018: 64 poker rooms and 587 poker tables
Poker in Clark County
The NGCB counted 39 poker rooms and 471 poker tables in Clark County in February, which includes the heavily trafficked and larger poker rooms from Las Vegas.
That’s a decline from a year ago when there were 40 poker rooms and 476 poker tables. It’s an increase over last month’s numbers when Clark County had 38 poker rooms and 453 poker tables.
Clark County can lay claim to 90 percent of the total poker market share in Nevada. In February, Clark County poker rooms accounted for $8,119,000 of the $8,960,000 poker dollars collected by the state’s card rooms.
Poker on the Las Vegas Strip
Poker revenue from the Strip’s poker rooms was $5,626,000 in February, even though the Strip only accounts for a fraction of the poker rooms and tables in the state, 18 and 276 respectively.
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Nevada poker rooms by the numbers
The largest poker rooms in Las Vegas are mainly found on the Las Vegas Strip:
Venetian (The Strip) – 37 poker tables
Bellagio (The Strip) – 37 poker tables
Orleans (Las Vegas off-strip)- 35 poker tables
Wynn (The Strip) – 28 poker tables
Aria (The Strip) – 24 poker tables
South Point Casino (Henderson) – 22 poker tables
Green Valley Ranch Casino (Henderson) – 22 poker tables
Red Rock Casino (Summerlin) – 20 tables
Historical data and trends of poker in Nevada
Here’s a look at several key poker metrics from the UNLV Center for Gaming Research, which has been tracking the number of poker rooms, tables and revenue since 1992:
| Year | # of Rooms | # of Tables | Total Revenue | % Change YoY |
| 1992 | 92 | 564 | 74,701,000 | -2.57 |
| 1993 | 89 | 571 | 70,814,000 | -5.20 |
| 1994 | 93 | 586 | 71,667,000 | 1.20 |
| 1995 | 92 | 574 | 66,520,000 | -7.18 |
| 1996 | 82 | 539 | 64,485,000 | -3.06 |
| 1997 | 77 | 490 | 61,509,000 | -4.61 |
| 1998 | 76 | 526 | 58,873,000 | -4.29 |
| 1999 | 70 | 546 | 63,244,000 | 7.41 |
| 2000 | 68 | 473 | 63,064,000 | -0.28 |
| 2001 | 65 | 475 | 59,673,000 | -5.38 |
| 2002 | 57 | 386 | 57,791,000 | -3.15 |
| 2003 | 58 | 383 | 68,276,000 | 18.15 |
| 2004 | 79 | 484 | 98,862,000 | 44.80 |
| 2005 | 96 | 701 | 140,224,000 | 42.00 |
| 2006 | 106 | 886 | 160,929,000 | 14.77 |
| 2007 | 113 | 907 | 167,975,000 | 4.38 |
| 2008 | 113 | 913 | 155,724,000 | -7.29 |
| 2009 | 114 | 905 | 145,580,000 | -6.54 |
| 2010 | 109 | 920 | 135,200,000 | -7.13 |
| 2011 | 104 | 872 | 131,877,000 | -2.46 |
| 2012 | 99 | 809 | 123,253,000 | -6.54 |
| 2013 | 88 | 774 | 123,891,000 | 0.56 |
| 2014 | 79 | 736 | 119,904,000 | -3.18 |
| 2015 | 76 | 681 | 118,023,000 | -1.57 |
| 2016 | 73 | 661 | 117,753,000 | -0.18 |
| 2017 | 71 | 615 | 118,455,000 | 0.60 |
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Hard Rock Atlantic City Commits To Being A ‘Good Neighbor’ With The Community
Hard Rock Atlantic City hired an executive for community outreach, which is just another mark in the casino’s goal of fostering a strong relationship with Atlantic City as it moves toward a summer opening.
The post Hard Rock Atlantic City Commits To Being A ‘Good Neighbor’ With The Community appeared first on .
Poker Industry PRO: Partypoker Reveals New Powerfest Plan with $40 Million Schedule
In a reversal of January’s more low-key event, the next Powerfest will be its largest ever and put it in direct competition with the biggest online.
The next Powerfest online tournament series will have a staggering $40 million in total guaranteed prize pools, partypoker announced on Wednesday.
It is the biggest guaranteed prize pool partypoker has ever run and puts Powerfest on near-equal footing to PokerStars’ flagship annual tournament series, SCOOP, which is slated to run over the same dates next month.
Will Powerball Winner Surface Before iLottery Launch?
With online lottery launching next month, it seems possible we will know what its offerings will look like before we know the identity of the Pennsylvania Powerball winner.
The post Will Powerball Winner Surface Before iLottery Launch? appeared first on PA Online Casino News.
Poker Industry PRO: 888poker Heralds Success of WPT500 London
888 and WPT blend online and live Day 1s to great effect with $1 million guaranteed tournament.
888poker and the World Poker Tour (WPT) are heralding the recent WPT500 event in London as a success.
The event was ambitious: $1 million in prize money guaranteed, requiring almost 1800 entries to the $565 tournament to cover. They got there—just—with 1,810 total entries. To get players in seats, there were a combination of online and live Day 1s, with starting flights in London, Newcastle and Milton Keynes as well as online on 888poker.
Atlantic City ‘Garage Sale’ Of Abandoned Properties Nets Half A Million Dollars
Atlantic City is preparing for a big summer. Huge, in fact. With the spotlight back on Atlantic City, The CRDA decided now was the right time to put abandoned and shuttered properties in the city’s possession up for auction.
The post Atlantic City ‘Garage Sale’ Of Abandoned Properties Nets Half A Million Dollars appeared first on Play NJ.
Largest Ever NJSCOOP Schedule Revealed
PokerStars announces there will be $1.3 million in guarantees spread over the 16 day series for April’s NJSCOOP.
Pokerstars has announced the full schedule for NJSCOOP, the operator’s big tournament series in the New Jersey online poker market. Starting in just under two weeks time, NJSCOOP has a total guaranteed prize pool of $1.3 million this time around making it the largest ever to run in the market.
The previous NJSCOOP in spring 2017 guaranteed just $1.2 million, as did the companion NJCOOP which last ran in autumn 2017.