Nevada experiences online poker revenue jump in May

30 June 2014

The Nevada Gaming Control Board has reported that online poker revenue increased to $862,000 (€631,163) during the month of May.

The amount represents the second highest monthly total so far in 2014, but is some way short of the $926,000 generated during March.

The May amount is 9% higher than the $792,000 in online poker revenue that was generated in April and 49% higher than the amount collected from internet poker in May 2013.

Elsewhere, the Nevada Gaming Control Board also reported that the state’s casinos experienced a year-on-year revenue increase of 8.1% in May, citing heavy action on baccarat table as the main reason behind this growth.

Of the $970.2 million that casinos won in May, more than $172 million was generated from baccarat.

Multi denomination slot machines proved to be the main source of casino win having generated $243.9 million in revenue while one cent machines also contributed $216.4 million to the total monthly win.

Related article: Nevada online poker sites generate $8.5m in first 10 months