Nevada Reports Poker Revenue Increase Despite Decreasing Number of Tables
Slightly contrasting stats arrive from Nevada where an increase in poker revenue has been recorded this May.
Revenues Rise Despite Room Number Decrease
The news would not come as too much of a surprise hadn’t it been for a registered decrease in the number of poker rooms in the state year-on-year.
The biggest gambling state in the United States has collected the total of $8.9 million from poker in May, according to the data published by the Nevada Gaming Control Board (NGCB).
The number stands as a remarkable figure having in mind that, compared to May 2016, Nevada currently boasts approximately 30 tables less than last year. The entire poker offer has suffered a drastic drop with 22 poker rooms closed over the last six years.
The year of 2017 alone saw three poker room closures – at Hard Rock Casino, Monte Carlo and Luxor Casino last month – reducing the number of active poker rooms to paltry 18. The Strip earned $5.7 million which is a significant chunk from the total sum, whereas the three poker rooms in Downtown Las Vegas contributed with $304,000.
A Positive Trend
As far as the total revenues are concerned, Nevada casinos generate $991.6 million in May. Slot machines made the majority of the income with $647.2 million, whereas $344.4 was drawn from table games.
At the same time, Las Vegas Strip casinos reported a 3% growth to year-on-year revenues with the number currently standing at $546.8 million.
Numbers promise to be even higher from June into June with the World Series of Poker being played at the Rio All-Suite Hotel & Casino. The big event should help push revenue numbers up.
The 2017 WSOP has been deemed a success with players all over the world coming to chip in and test their skills at the biggest and brightest tables.