- Luxor Casino reportedly closing down poker room on June 18
- Just 18 poker rooms remain in Las Vegas, compared to 26 that existed in 2007
According to news broken by Vegas journalist John Mehaffey, Luxor Casino in Las Vegas has announced its intention to shut down its poker room on June 18. The move comes on the heels of the decision by Monte Carlo Casino to remove its poker room, announced earlier last month. Both properties are owned by the entertainment giant MGM.
Las Vegas poker rooms continue to fold
The Luxor Casino poker room featured nine tables, so local grinders will likely feel the impact of this decision.
The poker room in Monte Carlo Casino and Resort was of the similar size, with eight tables on offer.
These two are just the most recent examples of the trend that’s been quite present in Las Vegas over the past few years. Namely, in the last six years, as many as twenty-two poker rooms have shut down, with Hard Rock’s three-table room being among the more recent ones to hit the muck. After Luxor poker room closes down on June 18, Sin City will be left with just eighteen poker rooms, which may seem like a lot still, but it is a small number compared to numbers from a decade or so ago.
Poker no longer as attractive for casinos
After June 18, there will be some 260 poker tables left in Las Vegas. Back in the days of the poker boom, around 2007, Sin City hosted 26 rooms featuring just shy of 400 tables. Times are clearly changing, and it’s not for the better when it comes to poker.
Numbers indicate that this particular segment of the gaming industry has been stagnant during the past couple of years. With weak growth possibilities, poker rooms are no longer as attractive to the casinos, and they prefer to spend their resources boosting other segments. Comparing the poker income in 2017 to that in 2016, it remained virtually unchanged at around $77.6 million.
According to Michael Lawton, an analyst with the Nevada Gaming Control Board, with more and more casinos being opened across the United States, players no longer need to come to Las Vegas to play poker.
With this being the fact of the matter, Lawton emphasized in his statement to Card Player that traditional poker can’t expect any significant growth without some big changes taking place on the interactive (online) plan.
It needs to be mentioned that, although the numbers may seem somewhat bleak, poker is still huge in Nevada, and its popularity is bigger than it ever was before the poker boom or, more precisely, 2005. So, while the game may be stagnating at the moment, the wellbeing of poker in Las Vegas seems to be healthy enough to last into the future.
Want to try an online casino?
Choose an approved casino from our carefully selected list. VIEW CASINOS