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Nevada Poker Rooms Take In $8.9M In November

Revenue Down 3.87 Percent Year-Over-Year

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Revenue from Nevada’s live and online poker tables was $8,973,000 during the month of November, according to a report released last week by Silver State gaming regulators. The amount was a 3.87-percent decline compared to November 2014.

There were 71 poker rooms with a combined 667 tables this November. The Las Vegas Strip area had 313 of those tables and $5,708,000 of the overall poker revenue. Poker revenue for Strip area casinos was down 1.31 percent in the month.

Over the past 12 months, Nevada poker revenue was $117,897,000, down 2.02 percent compared to the same period a year ago.

Through the first 11 months of 2015, poker revenue has increased year-over-year in four of the months, while dropping in seven. Statewide poker revenue in Nevada for calendar year 2014 was $119,904,000, down from $123,891,000 in 2013.

The good news is that May, June and July, the three months that include the annual WSOP, all had year-over-year revenue gains. They were 0.62, 4.46 and 0.59, respectively.

Overall gaming revenue for November was $944,266,000, up a strong 7.76 percent year-over-year. Slot machine volume increased 13.17 percent, with Nevada casinos winning nearly $600 million from those games in the month.

Nevada casinos have won $11.08 billion over the past 12 months, basically unchanged from the same period a year ago.

Here’s the breakdown of poker revenue in 2015:

January: $9,782,000
February: $8,530,000
March: $9,690,000
April: $8,511,000
May: $10,320,000
June: $15,840,000
July: $11,458,000
August: $8,510,000
September: $8,340,000
October: $8,730,000
November: $8,973,000
December: TBD

 
 
Tags: November