Last week was an important week for online poker in the US, as the first official revenue numbers from the regulated online poker sites in the state were released. The reason for the state to not publish the revenue numbers earlier, was due to them waiting for South Point Casino to start offering cash games in their new platform.
There are now three regulated poker rooms in the state of Nevada and while revenues are decent, the operators believes that they will increase significantly when Delaware begins to share liquidity with them. The deal is set to begin this summer and it will be the first legal cross state poker deal to exist in the US.
The three operators in Nevada had a total revenue of $824,000 through poker in February, which means rake paid in cash games, tournaments and sit n goes. Compared to the total casino win however, the revenues from poker were basically nothing as the casinos won $926 million in February. This clearly shows that poker is not anywhere near the levels that casino games brings and that is despite the casino numbers decreasing fast.
When you include live poker to the revenues you have a number that is much higher, totalling at $9,268,000, proving that poker as a whole still is quite profitable especially due to the house having no risk when players play. It will be great to see how the numbers will increase as soon as Delaware joins the pool.