Nevada Nearly Breaks Singe Month Poker Revenue Record – CardPlayer.com

Nevada’s cash game poker market nearly broke an 11-year-old record in June.

According to figures released Monday by state gaming regulators, Nevada poker rooms raked in $17.48 million from cash games during June, up a strong 4.8 percent year-over-year. The revenue was the second-most ever for a single month in the history of Nevada’s poker market. June 2007 set the record of $17.66 million, according to historical data compiled by the Center for Gaming Research at UNLV.

The $17.48 million was also only the second time ever the market passed the $17-million mark for a single month. There were 60 poker rooms with a combined 683 tables this past June, according to the Nevada Gaming Control Board. There were 104 rooms and 960 tables in June 2007.

How were the revenues (June 2007 vs. June 2018) nearly equivalent despite far fewer tables statewide? Nevada has regulated online poker these days, which is included in the revenue figure. Back in 2007, online poker was unregulated. Nevada has gradually shed live tables since the height of the poker boom in the mid-to-late 2000s.

In early May, the Nevada/Delaware online poker network kicked off sharing liquidity with the state of New Jersey. Currently, only those three states have regulated online poker. Unlike New Jersey, Nevada doesn’t release a breakdown between live and online poker revenue, thanks to the fact that there is just one major online poker platform in the Silver State. Caesars/WSOP, which is partnered with 888, is the only network catering to the three-state player pool.

The Las Vegas Strip area accounted for $14.1 million of the $17.48 million, per the state data. There were 18 rooms with a combined 379 tables on or around the state’s main casino corridor this past June. About 100 live poker tables were added to

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