Re: Will B&M rake go up again?
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According to the Nevada Gaming Control Board, poker rooms in the state raked an average of $17,021 per table per month in 2004, the highest amount ever.
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Wynn (QI-07):
Table games win per unit per day was $12,794
Slot machine win per unit per day was $268 or $8040 per month.
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The LV model is clearly inferior (from a profit perspective) to the California model, and even to LV's own table games and slots.
$4 drop-if-flop and $4 BudLights make the San Jose cardrooms much more profitable than their LV cousins.
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There's a big difference between average revenue per table, and marginal revenue from an additional table. Also, if the "San Jose model" would be more profitable in LV than the current LV model, it would be there. I think that if a LV casino tried to implement those policies, they'd have no players.
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