The WSOP Effect Wears Off in Nevada—Online Poker Revenues Drop 22.5%

Another revenue increase is expected following the launch of 888 within the next six months.

Key Takeaways

Record online poker revenues in June could not be sustained through July and fell off dramatically in August as Nevada posted a 22.5% monthly decrease in online poker revenues.
The June and July figures were inflated by the World Series of Poker which provided WSOP Nevada with an unseasonal cash game traffic boom that saw it become the most popular poker room in the US state regulated market.

Record online poker revenues in June could not be sustained through July and fell off dramatically in August as Nevada posted a 22.5% monthly decrease in online poker revenues.

The June and July figures were inflated by the World Series of Poker which provided WSOP Nevada with an unseasonal cash game traffic boom that saw it become the most popular poker room in the US state regulated market.

21+ in OH. Please play responsibly. For help, call the Ohio Problem Gambling Helpline at 1-800-589-9966 or 1-800-GAMBLER.

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Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, accounting, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on September 29, 2014.

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