In September 2017, Nevada boasted 62 poker rooms and 598 poker tables. Fast forward a year and that number has been further reduced. The Nevada Gaming Control Board counted just 58 poker rooms and 561 poker tables in September 2018.
The reduction in rooms and tables is part of an ongoing trend, but September was one of the sharpest year-over-year reductions, and that’s reflected in the 2.42 percent Y/Y revenue reduction.
Top line numbers
The number of poker rooms is approaching the historical lows of 2002 and 2003, while the number of tables has fallen to 1990s levels.
However, revenue is much stronger than it was during the 1990s and early 2000s.
You can find a full annual breakdown of poker rooms, tables, and revenue at the end of the column.
September poker revenue was just over $8.5 million compared to the $8.7 million the state’s poker operators generated in September 2017.
And on a per table basis, September 2018 bested last year’s numbers:
- September 2017 table average: $14,622
- September 2018 table average: $15,208
That begs the question: Is poker on life support in Nevada, or are poker operators becoming more efficient?
We’re probably a few years away from knowing if it’s the former or the latter.
2018 live poker revenue in Nevada
3- and 12-month poker room and table trend
Over the last three months, Nevada has averaged 613 poker tables at 61 separate locations. Those rooms generated $29,376,000 over that period, a 1.33 percent decrease compared to the same period last year.
Over the last 12 months Nevada has averaged 603 poker tables at 63 locations. During that time the state’s poker operators have generated $119,605,000, a 1.15 percent increase compared to the previous 12-month period.
- 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
- March 2018: 62 poker rooms and 567 poker tables
- April 2018: 64 poker rooms and 595 poker tables
- May 2018: 62 poker rooms and 688 poker tables
- June 2018: 62 poker rooms and 683 poker tables
- July 2018: 60 poker rooms and 694 poker tables
- August 2018: 61 poker rooms and 585 poker tables
- September 2018: 58 poker rooms and 561 poker tables
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 |
| 2018 |
The post Nevada Poker Report September 2018: Las Vegas Poker Rooms Are Slowly Vanishing appeared first on .