(Population of 2.839 million as of 2014)
Back in 2011, Nevada became the first state to legalize and regulate iGaming, so there’s no need to assess its chances. That said, it’s first online poker site, Ultimate Gaming, recently shut down after 19 months of being in operation.
Tom Breitling, Chairman of Ultimate Gaming, admitted that online poker revenues were well short of projections, and that certain factors made “the path to profitability very difficult and uncertain.”
In response to Ultimate Poker’s closing, the Las Vegas Review-Journal released an editorial on Nov. 19 urging congress to reverse its online poker policy. They write, in part, the following:
"Prohibition didn’t halt the use of alcohol, it hasn’t reduced demand for illegal drugs, and it hasn’t stopped online poker play. To this day, Americans continue to play cards on unregulated, off-shore poker websites.
"Nevada retains the gaming industry’s gold standard in regulation, so the 2013 Legislature moved quickly to allow online poker within the state’s borders, passing enabling legislation in a single day. Companies invested heavily in the technology with the hope that multistate compacts, allowing states to pool their players, or congressional action legalizing and regulating interstate online poker would reward their risks. But Congress isn’t eager to turn back the clock, and thus far only two other states — New Jersey and Delaware — have legalized online gaming."
As it stands, Nevada currently offers one online poker option, WSOP.com. The Caesars-operated WSOP site possess nearly all the market share.
With the WSOP in 2017 hosting online bracelet tournaments in Nevada, there is reason to believe that these events could get record turnouts, reported Online Poker Report.
Another interesting development in January 2017, Assemblyman Jim Wheeler introduced AB 86 to the state legislature in Nevada, asking that the legislature consider lowering the gambling age from 21 to 18.
Also in January, Nevada was a noticeably quiet proponent of online gaming when Attorney General nominee Jeff Sessions mentioned revisiting online gambling legislation. The reason could be that after three years of permitting online poker, the Las Vegas Review-Journal revealed that online poker “still generates a mere rounding error in Nevada’s gaming revenue.”