Posts Tagged ‘UNLV Center for Gaming Research’

Nevada Lawmakers Consider Novelty Bets on Presidential Elections

2-to-1 says it happens anyway, so why shouldn't Vegas be allowed to play?

by , Apr 2, 2013 | 10:00 am

Welcome-to-Nevada-pokerIn Europe, it’s known as novelty betting. Bookmakers from Paddy Power to William Hill post odds and take bets on a variety of activities, from who looks good to win the Nobel Prizes this year to whether Prince Harry’s next girlfriend will be a blonde or a brunette and who might host the Oscars in 2014.

Paddy Power’s favorite to host the Oscar’s next year is Justin Timberlake at 2-to-1 . The odds are 8-to-11 that Harry’s next girlfriend will be a blonde.

But what produces increased publicity if only modest handle for British bookmakers is betting on U.S. politics. And oddsmakers and gaming industry analysts in Las Vegas said that if successful, a Nevada state senator’s efforts to legalize betting on politics will produce more notoriety than revenue.

More…


History of Nevada Poker Revenues

[Graph] UNLV research reveals timeline for boom and recession of game

by , Mar 27, 2013 | 4:26 pm

UNLV’s Center for Gaming Research put out some data collected from NGCB’s Gaming Revenue Reports that paints a rather interesting picture of the poker world over the past 20 years. The chart you can see here — showing the number of poker rooms, the number of tables, and total rake — pretty much tells the story of poker … and I couldn’t help but want to graph it!

History of NV poker revs

What I’m not sure of is whether or not these numbers include tournament entry fees or represent only cash game collections. But either way, even with the WSOP finding creative ways to report definitive growth year over year, I’m fairly certain the shape of both graphs would look pretty much the same.