Nevada Poker Report March 2018: Nevada Poker Rooms Set The Stage For A Big Summer

May 1, 2018
Nevada Poker Report March 2018: Nevada Poker Rooms Set The Stage For A Big Summer

Las Vegas had another strong month in March, with total gaming revenue topping $1 billion for the third consecutive month. Poker only accounts for a fraction of that total, but it’s safe to say that Nevada poker rooms were buzzing in March.

The Nevada Gaming Control Board reported a 5.68 percent year-over-year increase in poker revenue for the month, marking the first time poker revenue surpassed $10 million in March since 2014.

Poker revenue reached $10,154,000 in March, compared $9,608,000 the state’s poker rooms collected in March 2017.

For the month, the NGCB counted 62 poker rooms and 567 tables, compared to 66 poker rooms and 596 poker tables the state boasted last year.

On a per table basis, March 2018 blew last year’s numbers out of the water:

  • March 2017 table average: $16,121
  • March 2018 table average: $17,908

2018 live poker revenue in Nevada

12-month poker room and table trend

  • 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
  • March 2018: 62 poker rooms and 567 poker tables

Poker in Clark County

The NGCB counted 39 poker rooms and 454 poker tables in Clark County in the month of March. Clark County includes the heavily trafficked and larger poker rooms from Las Vegas.

Clark County can lay claim to 90 percent of the total poker market share in Nevada. In March, Clark County poker rooms accounted for $9,206,000 of the $10,154,000 poker dollars collected by the state’s card rooms.

The 39 rooms and 454 tables are a decline from a year ago when there were 40 poker rooms and 478 poker tables. It’s also a decrease of 17 tables compared to last month’s numbers. But like the state as a whole, Y/Y revenue was up significantly in Clark County. Despite 24 fewer tables, poker revenue rose 6.75 percent in March.

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Poker on the Las Vegas Strip

The Las Vegas Strip’s poker rooms tallied $6,510,000 in March, even though the Strip only accounts for a fraction of the poker rooms and tables in the state, 18 and 260 respectively.

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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