Tuesday, 8 January 2019

Nevada Poker Report November 2018: Poker Is Consolidating On The Las Vegas Strip

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The Nevada Gaming Control Board counted 58 poker rooms and 561 poker tables in November 2018. That’s an increase compared to October (56 poker rooms and 558 tables), but a continuation of the year-over-year downward trend as the state boasted 62 poker rooms and 580 poker tables last November.

Despite the year-over-year decrease in rooms and tables, Nevada poker revenue rose by nearly 1 percent, which has also been a trend over the past couple of years. This year-over-year increase is a sign of rooms becoming more efficient or less charitable with their rewards and fees.

The Strip is king

Another trend that has emerged during that time is consolidation.

The five largest poker rooms in the state (8 percent of locations) account for more than 25 percent of all poker tables. Four out of the five are on the pricey Las Vegas Strip — Orleans is off-Strip, but still in Las Vegas proper.

Zooming out a little more, the Las Vegas Strip boasts 17 poker rooms (29 percent of the poker rooms in the state) and 47 percent of the state’s poker tables but generates nearly two-thirds of all poker revenue.

A decade ago, the Strip had a similar room and table counts (26 percent of poker...


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from Safest Online Poker Real Money https://www.uspoker.com/blog/nv-poker-revenue-november-2018/25386/
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