Nevada Poker Report July 2017: 3rd Largest WSOP Main Event Leads To Big Month

September 2, 2017
Nevada Poker Report July 2017: 3rd Largest WSOP Main Event Leads To Big Month

Contents

Thanks to the thousands of players and fans the World Series of Poker Main Event draws, July is historically one of Nevada’s best poker months of the year. And 2017 wasn’t an exception.

Tables did start to disappear in July, as the number of poker rooms in the state increased by one, from 62 to 63, but the total number of tables ticked down from 731 to 724.

With the World Series of Poker in the books, we anticipate the number of tables to fall back below 600 in next month’s reporting.

Top line numbers

Once again, Nevada poker rooms are shrinking in number, as the number of poker rooms and tables declined year-over-year, but as has been the recent trend, revenue increased.

The Nevada Gaming Control Board counted 63 poker rooms and 724 tables in July 2017, compared to 68 poker rooms and 763 tables in July 2016.

Despite the loss of rooms and tables, total poker revenue was up over one percent YoY in July.

Statewide poker revenue was $12,332,000 in July 2017. Statewide poker revenue was $12,463,000 this year.

On a per table average July 2017 outperformed July 2016 by an even wider margin:

  • June 2016 table average: $16,162
  • June 2017 table average: $17,214

Poker rooms and tables trends in 2017

  • January 2017: 65 poker rooms and 596 poker tables
  • February 2017: 67 poker rooms and 600 poker tables
  • 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

Poker in Clark County

The number of poker rooms in Clark County (which includes Las Vegas) tallied 37 with a total of 596 tables in July.

Clark County accounts for over 90 percent of all poker revenue in Nevada. In July, Clark County poker rooms generated $11,465,000 of the $12,463,000 poker dollars in the state.

To put that in perspective, on a per table basis, Clark County made $19,236 per table in July, compared to the $7,796 poker tables outside of Clark County generate.

  • Average size of a poker room in Clark County: 16.1 tables
  • Average size of a poker room outside of Clark County: 4.76 tables

Poker on the Las Vegas Strip

The Strip accounts for most of the poker dollars generated by Las Vegas casinos.

The Strip only has 17 poker rooms (27 percent of the poker rooms in Nevada), but those rooms boast 395 of the state’s poker tables (55 percent of the poker rooms in the state) and $8,956,000 of the $12,463,000 in poker revenue the state generated in July 2017. Which works out to 72 percent of all poker revenue.

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

 

 

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