September 18, 2009

Poker Generating More Money than Race Books

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Seems like poker rooms are starting to really pull in the money. Since 2003 poker has steadily been rising in popularity and it really contributing to the bottom line.

Poker is becoming a revenue generator for Las Vegas. According to state figures, Nevada's 106 poker rooms generated $155.7 million in revenues in 2008. That is more than the $136 million gained by the state's 185 sports book and almost twice the $80 million won by the state's 96 race books.

Poker play in Nevada has more than doubled since 2003, the beginning of the poker boom.

Poker, like all gaming, suffered a slight setback in 2008, but it was much lower than all other games of chance. Poker play revenues fell 4.6 percent in Nevada. Overall gaming revenues dropped 9.7 percent.

Full read at Vegas casinos ride wave of poker boom

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Posted by Jay Brewer at September 18, 2009 7:47 AM
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