$9.45 Million in Revenues Since Launch of Online Poker in Nevada

Published on April 29th, 2014 5:06 pm EST

According to Nevada's State Gaming Control Board, the state's three online poker sites (WSOP.com, Ultimate Poker and Real Gaming) generated a total of $926,000 in revenues during the month of March. This was up 12.37% from the $824,000 in revenues that were generated the month before.

During the first three months of the year, WSOP.com, Ultimate Poker and Real Gaming generated a total of $2.727 million in revenues. Real Gaming launched in mid-February of 2014, which means that the vast majority of the revenues were generated by WSOP.com and Ultimate Poker.

Since the start of licensed and regulated online poker in the state of Nevada, WSOP.com, Ultimate Poker and Real Gaming have generated a total of $9.45 million in revenues. Ultimate Poker has been open for almost an entire year (they dealt their first hand on April 30th, 2013), WSOP.com launched in September of 2013 and Real Gaming launched earlier this year.

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According to Pokerscout.com (link below), WSOP.com is currently leading the way in Nevada with a 24 hour peak of 181 real money cash game players. Ultimate Poker is #2 with a 24 hour peak of 130 real money cash game players, while Real Money is lagging far behind.

There has been some concern that the games in Nevada, which were originally described as being fairly good, have gotten progressively worse over the past 12 months due to an exodus of casual players.

Nevada signed an online poker compact with Delaware earlier in the year, with expectations that more states will join over the coming months and years.

Source: State of Nevada Gaming Revenue Report (March 31st, 2014) *.pdf

Source: Pokerscout.com

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Filed Under: Other Poker News