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Nevada Poker Rooms Take In $118M In 2015

Revenue Lowest Since 2004's $98 Million

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Poker rooms in Nevada raked $118,023,000 in 2015, according to figures released Friday by Silver State gaming regulators. The figure was a 1.57-percent decline compared to 2014’s $119,904,000. Poker revenue was $123,891,000 in 2013.

That includes revenue from online poker, which Nevada began in 2013.

The all-time high for Nevada poker was the $167,975,000 seen in 2007. Since that year, revenue has fallen year-over-year in all but one year (2013’s 0.56-percent uptick compared to 2012).

Near the end of 2015, Nevada had 76 poker rooms with a combined 681 tables. Both those figures are the fewest since the early 2000s. The state lost three poker rooms in 2015.

Nevada’s poker market contracted in 2015 despite May, June and July, the three months that include the annual WSOP, all having year-over-year revenue gains. They were 0.62, 4.46 and 0.59, respectively. There was only one other month in 2015 that saw an uptick.

In 2015, the Las Vegas Strip had 23 poker rooms with a combined 326 tables, bringing in $77,343,000 of the $118,023,000.

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: $9,359,000

Nevada casinos won $11,114,081,000 from gamblers in 2015, a gain of less than one percent compared to 2014. The casino industry’s recovery has come from success in other areas.