There were a number of interesting headlines circulating in the poker world this week. We’ll start off in Las Vegas where the state reported the results from its poker action in January.
Nevada Poker Rooms Reel In $9 Million In January
The State of Nevada has released its poker revenues report from the month of January and the revenues were quite positive. The state brought in about $9 million throughout, which is roughly what it brought in last year. This includes a combined 63 poker rooms across the state, along with 568 tables. The tables that are located along the Las Vegas Strip brought in about $5.6 million of that $9 million, which is impressive since that area has 18 poker rooms.
While the total revenues are healthy, they are still far back of the record amount, which was $13.8 million in January 2007. That time is known as the poker boom, which kicked off around 2003 when Chris Moneymaker won the World Series of Poker Main Event. We’ll see if the state can find a way to grow back into the double digits as it looks for ways to invite more players to the land-based action and away from the robust online market.
Card Player Poker Tour Returning To Ocean’s 11
The Card Player Poker Tour is heading back to Ocean’s 11 Casino, which is north of San Diego along the Interstate 5 highway. This will be the sixth time that Ocean’s 11 has hosted the San Diego Classic Main Event, which features a buy-in of $250 and runs from April 26 to 29. The tournament also has a Quantum Tournament buy-in structure where players can get $100,000 in chips for $1,500 on April 28, but only until 1 p.m. local time.
Ocean’s 11 has 50 tables of poker and other table games and is just a mile away from some of the best beaches in the state. The biggest edition of this event came in April 2017 when Shawn Busse beat out a field of 920 entries to come away with $48,910.
Global Poker Madness Offers Biggest Guarantee
On the strength of the success from the Grizzly Games, Global Poker is going all-in with its next event – Global Poker Madness – by offering its biggest guarantee ever. The guaranteed prize will be $200,000 in Sweeps Cash, which is four times higher than the previous largest guarantee. If you’re wondering what exactly is Sweeps Cash, it’s the site’s virtual currency. Customers are able to use Sweeps Cash to enter tournaments and play games, and eventually cash out via Paypal as real cash prizes.
The event, which takes place on April 1, will have a buy-in of $540, although Global Poker will give players a chance to get into the event on the cheap via three different stages of satellites. The entry fee will range from $1.50 to $77. Global Poker is one of the fastest-growing poker sites when it comes to players from the United States.