The total number of Nevada poker tables will shrink once more whenever Monte Carlo closes its poker room on April 25 as part of a $450 million renovation which will eradicate the card game from the resort.
It’s just the latest telling sign that poker doesn’t come with the exact same attraction it once did.
Nevada poker tables continue to disappear completely from floors, as casino operators struggle to justify the revenue they produce in comparison to other gambling formats like slots and blackjack.
The number of Nevada poker tables has decreased by almost 30 percent over the last 10 years.
Poker’s heyday came after Chris Moneymaker won the World Series of Poker Main Event in 2003 for an $86 satellite entry. Their $2.5 million win revolutionized the card game and exploded its worldwide appeal.
Moneymaker outplayed 838 other entrants during his historic win. The following year, the prize was doubled and the total field eclipsed 2,500. The tournament continued growing, and with it, gambling enterprises in Vegas modified their gaming floors to support the influx of dreamers searching to make it rich and wannabe poker pros.
Across the continuing state, there have been 907 poker tables in 2007. Now a ten years later, that quantity will be reduced to simply 653 when the Monte Carlo closes its room.
Of course, each square foot of the casino flooring is valuable estate that is real. Continue reading