Nevada’s cash game poker market is on a five-month-long consecutive wins.
The state’s poker rooms brought in $8.7 million from the games in September, according to figures released this week by gaming regulators. The amount was the best September for the rooms from as far back as the $8.9 million in revenue generated four years ago, according to data compiled by the University of Nevada Las Vegas’ Center for Gaming Research.
The $8.7 million was a 3.5 percent more compared to the $8.4 million raked in September 2016. Nevada poker rooms have posted year-over-year revenue increments since May.
The previous time the rooms had a winning streak that long was between June and November in 2013.
The best September ever for Nevada’s poker industry was back in 2006, when the rooms brought in $12.6 million. That was at the height of the poker boom in the Silver State.
Over the 12 months prior to Oct. 1, 2017, Nevada poker rooms took in $118.2 million, a third of a percentage point more compared to the same period the previous year.
In July, rake of $12.4 million was the best for the rooms for that month in six years.
The WSOP, which ran from May 30 to mid-July, set a joining record in 2017 with 120,995 entries. The number of entries was also incrementing 12.2 percent year-over-year. There was a record 74 tournaments on the schedule, paying out as much as $231 million in prize money.
Nevada poker could soon get a boost thanks to a three-state liquidity sharing agreement with New Jersey and Delaware. Furthermore, Pennsylvania’s online poker bill passed into a law this week, and the Keystone State could provide even more players in the combined player pool.