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   Monday, February 26 2024 
The Silver State’s poker revenues experienced a slight decrease in 2014 - Nevada

Nevada is one of three States with active and regulated online gambling market in the United States. While Las Vegas remains the most-frequented destination for gamblers as it plays host to the world-famed annual World Series of Poker (WSOP), the game of poker in Nevada only represents a tiny part of the state’s gambling industry. Statistically, about 10 % of Nevada’s overal gambling market is owed to live and online poker industry. According to the freshly-released report by the Nevada Gaming Control Board, Nevada’s poker revenues experienced a slight drop of 3% to $ 119,904,000 in 2014, compared to last year’s $ 123,891,000. And this is the first time in ten years when poker revenues dropped below $ 120 million. Apart from this, the number of poker rooms also plummeted in 2014 with 79 establishments remain operational, down from the 88 active rooms in 2013. Any way, Nevada’s overal gaming revenues amounted to 11.02 billion in 2014, a slight drop from last year’s $ 11.14 billion.

Nevada online poker industry (including the recently-out-of-business Ultimate Poker) adds $ 10 million to 2014’s overal poker revenues, a not-to-be-under-esteemated figure that somewhat saved the industry from encountering a significant revenue drop. Of course, the unprecedented closure of Ultimate Poker in November generated a noticeable impact on the market since December 2014 though the NGCB did not released a related report. Actually, the current gambling regulations in the Silver State require a third operational room for ipoker revenue figures to be reported.

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