Nevada Poker Revenue For 2018 Proves Less Is More For Number Of Tables

Steve Ruddock February 4, 2019 2641 Reads

The constant announcement of poker‘s death seems to be a bit premature, at least in Nevada.

Nevada poker rooms generated just over $120 million in 2018. That figure is the state’s highest total in five years.

The last time poker revenue topped $120 million was 2013, when the state boasted 88 poker rooms and 778 poker tables.

Play Online Poker for Real Cash Prizes – US Players Accepted

Decline in number of tables hasn’t impacted Nevada poker revenue

After the number of poker rooms and tables unexpectedly increased in November 2018, the numbers ticked back down in December. The Nevada Gaming Control Board counted 56 poker rooms and 553 poker tables for the month.

That’s a noticeable decline from the 58 poker rooms and 562 tables counted in November, and an even steeper decline year-over-year, as the state boasted 61 poker rooms and 568 tables last December.

Yet, the disappearance of poker rooms and poker tables isn’t impacting Nevada poker revenue. Revenue roughly equaled the performance from five years ago.

2018 live poker revenue in Nevada

A look inside December 2018’s revenue numbers

Nevada’s poker rooms once again beat last year’s revenue numbers in December, this time by 3.47 percent. Collectively, they tallied $9.8 million in December 2018, well ahead of the $9.5 million generated in December 2017.

The numbers are even stronger on a per table basis, as Nevada poker operators continue to increase the efficiency of each table. The year-over-year monthly performance of Nevada poker tables has jumped by almost $1,000 per table:

  • December 2017 table average: $16,750
  • December 2018 table average: $17,801

3- and 12-month poker room and table trend

Over the last three months, Nevada has averaged 557 poker tables at 58 separate locations. Those rooms generated $27,610,000 over that period, a 1.49 percent increase compared to the same period last year.

More broadly, during the past year, Nevada has averaged 599 poker tables at 63 locations. During that time the state’s poker operators have generated $120,012,000, a 1.31 percent increase compared to the previous 12-month period.

The largest poker rooms in Nevada are found mainly 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

Just for context, 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 62 599 120,010,000 1.33

Privacy Policy