You’ve heard newsmakers toss around numbers describing how big the online poker industry really is. Its mammoth size is part of the reason that there’s a strong movement in Congress, led by Congressman Barney Frank, to bring licensed internet gambling back to the United States. With billions (with a B) of dollars in potential revenue, the internet gambling industry can fund critical federal programs by itself. This past week, the American Gaming Association published its annual State of the States report, which describes the brick and mortar casino industry in the United States. It’s the 10th production of the 46-page long periodical. PocketFives.com got a sneak peak at the State of the States, a survey of casino entertainment. It includes an in-depth look at poker revenue in the United States. The numbers will shock you.
Poker continues to grow in the United States following Chris Moneymaker’s win in the 2003 World Series of Poker Main Event. Consumer spending on poker in Nevada and New Jersey (which includes the gaming metropolises of Las Vegas and Atlantic City) was a balmy $252.2 million in 2007, up from $238.1 million in 2006. In 2005, consumer spending on poker in these two states amounted to $207.2 million. Although the growth from 2006 to 2007 wasn’t as large of an increase as the growth from 2005 to 2006 (5% as compared to 15%), the industry is still expanding.
At the end of 2007, twelve states had commercial casinos within their borders: Nevada, Colorado, South Dakota, Iowa, Missouri, Illinois, Indiana, Michigan, Louisiana, Mississippi, Pennsylvania, and New Jersey. Five states had legalized card rooms: California, Washington, Montana, Minnesota, and Florida. The income derived from card rooms in these states will blow your socks off. Take California, where card room revenue in 2006 was nearly $800 million. There were 91 card rooms throughout the state, meaning each generated nearly $9 million during the 2006 calendar year. In Florida, the state’s 18 card rooms racked up $72.55 million in 2007, an average of $4 million each. Minnesota only has one card room logged in 2007 and it produced a staggering $28.62 million in revenue in 2007.
In total, there were 707 card rooms in five states throughout the country in 2007. Four of those states had combined revenues of $1.18 billion in 2007, which was up a whopping 7.3% from 2006. The only non-rosy piece of news from the State of the States report concerned poker participation among adults. In 2003, 12% of adults reported playing poker at some point during the previous year. That number jumped by half to 18% in 2004 and 2005, before falling to 13% in 2007.
Other interesting stats in the 2008 State of the States report included betting on the NFL’s biggest game, the Super Bowl. For the 2008 Super Bowl, $92.06 million was wagered in Nevada sports books. That’s down from $93.07 million in 2006 and $94.53 million in 2005, but is still up from prior years. However, due to the Giants colossal upset over the then-undefeated New England Patriots, gross revenue from the Super Bowl was actually negative $2.6 million, the only time Nevada sports books have lost money on the Super Bowl from 2001-2008. Thanks, David Tyree.
Total U.S. consumer spending on commercial casino gambling was a ridiculous $34.13 billion in 2007, up from $32.42 billion in 2006. The number has nearly doubled in the last 10 years. Outside Nevada, the state with the largest revenue from casino gambling was Mississippi. Home to Tunica, Mississippi raked in $2.891 billion in 2007. Indiana took in $2.625 billion, fueled in part by casinos in close proximity to Chicago and Louisville. Nationwide at the end of 2007, there were 467 commercial casinos, 41 racetrack casinos, and 424 tribal casinos (95 in Oklahoma alone).
There’s a look at the state of affairs in the poker and casino gambling industries in the United States. For more information, check out www.americangaming.org, the official website of the American Gaming Association. You can download the 2008 State of the States report right on the home page.
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- Doc_Sands (Feb 13 00:03:19)
RT @DanFleyshman: Be the person that you’re dog thinks you are.
- mjw006 (Feb 13 00:02:17)
Been a really bad Sunday. Feel I have played really well all day though so hopefully can pick up some rewards at the back of the session...
- devopoker (Feb 12 23:57:22)
RT @VegasDegenerate: Holy Shit!!!! RT @DJKCRAY: Don't let this happen to you. Drunk driver at Mandalay bay http://t.co/yvwOCakO
- JonathanLittle (Feb 12 23:54:02)
At 180k going to dinner break. The last level was rough. 3 more levels of play tonight.
- RealKidPoker (Feb 12 23:53:33)
Work done time to shop. It's been a while. Diesel is always my go to spot for clothes especially jeans they always seem to fit well.
- Justin_Zaki (Feb 12 23:52:56)
111k at dinner break. Blinds goin to 1500-3k. 54 left #wpt
- mattbrady_ (Feb 12 23:47:13)
Back down to 35k at dinner...getting tortured
- CKingLivePro (Feb 12 23:45:48)
Last hour has been really really ugly. Running bad on Sunday can be pretty painful
- JasonMercier (Feb 12 23:45:40)
No traction. Have 74k. We going to dinner now. 55 left. Gonna be 1500/3k when we get back
- sketchy1poker (Feb 12 23:45:15)
allin for 2 big blinds... and i flop a straight flush vs nut flush. WHERE ARE MY OTHER 300BBs ASDKLFJASKLDFJAKLDFJ #fb
- achen88 (Feb 12 23:41:49)
30k at dinner break, going into 400/800/100a
- bigdogpckt5s (Feb 12 23:39:12)
I have 17k going to 400 800 I lost huge pot with AA
- UnreaLJamiL (Feb 12 23:36:12)
40k on dinner break going to 400/800/100 when we return. About half the field left.
- GrantHinkle (Feb 12 23:35:40)
Somebody had a fun night at Mandalay Bay: http://t.co/eS86G8mW
- RGHall (Feb 12 23:30:07)
12,500 going to 400/800/100 after dinner #comfortzone
- ch0ppyPoker (Feb 12 23:29:20)
11650 going into dinner. 400/800 100 next. $303k for 1st, 25 paid, 120 remain. #fpc2012
- AWice (Feb 12 23:28:17)
10 at dinner
- cartergill (Feb 12 23:21:42)
RT @DSchec1: @cartergill breaking even from all the times you actually did stuff and didn't get arrested
- Roothlus (Feb 12 23:20:27)
http://t.co/BlvllHym every @LAPC event winner gets one of these. If I win, I'm taking the tag off & telling everyone it's from a rodeo I...
- GoLeafsGoEh (Feb 12 23:13:24)
AA< QQ, JJ with 100 left in the Warm-Up #2 :/
- Maridu (Feb 12 23:13:00)
ARMA NA CABEÇA! RT @alekny: @KidZanimado @Maridu Ele leva jeito, olha essa http://t.co/DTwzpXAy
- Roothlus (Feb 12 23:11:25)
Playing the @LAPC $340 100k guaranteed while watching the best Magic players duke it out for $40k on the #PTDKA live stream. #gamersparadise
- laurenkling (Feb 12 23:10:38)
@JasonKoon thanks again for letting me borrow your vest #lifesaver
- realcharder30 (Feb 12 23:10:28)
Makes sense @WorldPokerTour @SavagePoker @wptliveupdates @shrhollywood
- DPJ702 (Feb 12 23:10:07)
RT @darrenrovell: With win, Phil Mickelson's career on-course earnings will hit $69.2M. Tiger's finish should put him at about $108M.
- realcharder30 (Feb 12 23:09:35)
So @GMJ_Poker takes the change from my ante and admits to doing it by accident 2 hands later, but the floor rules he can't give me the chip
- laurenkling (Feb 12 23:09:09)
Sorry FallsView, will never play ur tourneys again..they're poorly run, & worst structure ever. Plz take lessons from @SavagePoker!
- galenhall (Feb 12 23:08:58)
glglgl @dylan! and @AWice any updates?
- mattbrady_ (Feb 12 23:05:37)
These Florida tourneys are absolutely insane, lol
- FarazJaka (Feb 12 23:00:10)
Can literally see into Busch Stadium and watch a baseball game from up here. http://t.co/LnwWGH13
- FarazJaka (Feb 12 22:59:34)
Lmao sorry for the identical tweets I was just very excited and wanted to make sure everyone knew .... Lol damn #twitterappfail
- KevinSauLivePro (Feb 12 22:58:58)
Hot damn boozer is an idiot sometimes
- blur5f6 (Feb 12 22:55:10)
RT @acecatcher26: @blur5f6 Please go to http://t.co/G9snTGxY the Daily Action Plan @twoplustwoforum and help advocate for online #poker! ...
- insider66 (Feb 12 22:50:34)
RT @BAFTA: You can find out about all aspects of filmmaking from industry greats at BAFTA Guru http://t.co/1pdB26Xx #BAFTA
- mcmattopoker (Feb 12 22:49:53)
Hopefully @SavagePoker will pay for all my new clubs throughout LAPC. Bought woods today. All Nike VRS live em. Driver 3w and 2 hybrid
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