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Nevada Online Poker Revenue Reaches New High in June

While most of the monthly online poker revenue reports from the three regulated states tend to often be disappointing, Nevada managed to buck the trend in June by reporting its highest take since launching 15 months ago.

Figures released by the Nevada Gaming Commission show that Internet Poker revenue from WSOP.com, Ultimate Poker and Real Gaming collectively totaled $1,037,000. That’s up from $862,000 in May and marks the first time that the $1 million mark has been eclipsed.

Action at the Silver State’s regulated online poker tables was buoyed by the running of the World Series of Poker from late May to mid-July. The prestigious festival was held for a 45th consecutive year, attracting both pros and amateur poker players the world over.

Those players were logging on and competing online when not navigating live tournament fields in more than five dozen scheduled events during the six-week festival. PokerScout reported huge online player traffic increases during June at WSOP.com, which resulted in the record-setting revenue totals.

Now that the WSOP has ended until November when the final tablists of the Main Event are set to play for a $10 million first place prize, monthly online poker revenue numbers in Nevada will undoubtedly return to pre-WSOP levels. However, state officials remain excited about the upcoming launch of the first interstate compact that was brokered with Delaware in February.

Nevada made history with the first regulated ipoker launch in September 2013 and will do so once again by sharing online poker player pools with Delaware. A firm roll out date has yet to be announced, but hopes are that the pair of states will be ready sometime this year.

Given the rather small populations of both states, the immediate effect of increased liquidity will not be very substantial. But the idea is to welcome larger states that eventually approve online poker regulation in the future, thereby creating a viable Internet poker scheme that extends beyond individual state borders.

“In the future, multi-state poker compacts could be a more impactful revenue event given a larger base of players, and due to the liquidity dynamic,” gaming analyst Robert Shore told the Las Vegas Review-Journal.

 

 

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Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper. Charles joined the PokerUpdate team in early 2012 and writes daily news articles for the site.

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