August Online Poker Revenues Down Considerably From JulyPublished on September 28th, 2014 6:10 pm EST
The state of Nevada's Gaming Control Board released their "Gaming Revenue Report" earlier this week.
According to the report, Nevada's online poker market generated a total of $742,000 of revenue in August, down considerably from the $958,000 that was generated the month before. The state's online poker market benefited greatly from the World Series of Poker ($1.037 million in revenues in June, $958,000 in revenues in July) but things have dropped off a cliff since the completion of the event.
There are currently three participants in the Nevada market right now - WSOP.com, Ultimate Poker and Real Gaming. WSOP.com has emerged as the market share leader in the state, while Ultimate Poker currently sits in second. Real Gaming, on the other hand, is a distant, distant third.
Ultimate Poker recently pulled out of the New Jersey market and has said that they plan on refocusing their efforts on Nevada. It will be interesting to see if these efforts have any notable impact and what exactly they plan on doing.
Source: Gaming.NV.gov - Gaming Revenue Information
Filed Under: Other Poker News