Re: What is the deal with all the new rooms not having players?
A successful poker room is one where all tables are full at all times. It doesn't matter what limit is being spread. All tables packed with $2/4 limit poker? Great! The casino is making money.
As others in this thread have noted, Vegas poker rooms are filled with tourists. Tourists "do not come here to fold", but they don't come here to put their life savings on the line either (nod to Photoc). That is why there are so many low limit games in Vegas, and relatively few high limit games.
Is the Vegas poker market over-built now? Yes. I think it is. Don't get me wrong, I think that every single casino should have a poker room, but it doesn't have to be 20, 15, or even 10 tables in size. Nicely appointed 4-5 table poker rooms work fine. At the moment, there are not too many poker rooms in Las Vegas, but there are too many poker tables. There just isn't enough action here for 10+ rooms with 20+ tables each, combined with all the smaller poker rooms.
There is a correction coming in the Las Vegas poker market. Don't look for too many poker rooms to close completely, but keep your eyes open for downsizing. Combined with the recent internet poker legislation, it's the perfect storm. Downsizing will be the headline in 2007.
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