Three Signs Your Favorite Nevada Poker Room May Fold

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In Nevada, poker rooms come and go.

However, there are always signs that a room might be on the bubble. Here is a guide for symptoms of a closing poker room in the Silver State.

Twenty-eight poker rooms have shut their doors in Nevada since 2012. In 2018, there have been five that have gone under in Las Vegas alone, including the room at Treasure Island on the Las Vegas Strip.

According to Steve Ruddock, two more bit the dust in October. Thankfully, these closures were one or two-table affairs that may never have been meant as permanent additions.

What is interesting about all these closures is that the rooms are still reporting revenues that eclipse pre-poker boom figures. Per-room revenue soared to an all-time high in 2017. Per-table revenue was third only to 2004 and 2005, which were the years at the height of the boom.

Therefore, it would seem to be a time of prosperity for Nevada rooms. So, what gives?

Predictor of failure No. 1: room size

One noticeable change since the boom has been an increase in the average size of poker rooms. Rooms have added more than two tables per room since 1992, and the average room in 2017 had roughly nine tables.

Of the 28 rooms to close...

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Possibly in the near future we might have Google Poker, Facebook Poker, Wal-Mart Poker for money, and so on. Also, we'll almost certainly see big name existing websites who never ever ran in the US such as Betfair, Ladbrokes, and Everest Poker open their virtual doors for the first time to the US, each branding one of their very first issued US online gambling licenses. In the meantime, the choices for US gamers are limited to websites operating in little nations or Indian reserves exempt to heavy guideline or independent auditing.

from Safest Online Poker Real Money https://www.uspoker.com/blog/nevada-poker-rooms-closed/25138/
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