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Old 08-07-2007, 12:36 PM
soulvamp soulvamp is offline
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Join Date: Apr 2007
Posts: 323
Default Re: Florida To Get Blackjack and More

I didn't say they are going to cut back on poker, just that there is speculation that they would. It's a fact that slot machines and casino table games generate much more revenue per square foot than poker does. But whether it's good business practice to use poker as a sort of loss leader to get people in the casino I don't know, as I'm not in the business.

As far as expanding with more buildings, the Hard Rock complex is pretty jampacked as it is. The Seminoles are trying hard to build another Hard Rock-type complex to replace the Coconut Creek casino but so far, the neighbors have been able to kill those plans. Bottom line is that there isn't a whole lot of land left for them to expand further.

Also, Class III gaming has nothing to do with poker, which is Class I gaming. Honestly, I don't see the Seminoles pushing the issue with raising the poker stakes, as it seems to me that they're at a point now where it's not possible to generate more rake by increasing the stakes. So why bother when it would only serve to piss off state government?

Maybe it's a possibility that they could try to draw big events like a WPT or something once or twice a year with high-stakes games. Sort of like they do in the Bahamas. But I can't see them going after bigger poker on an everyday basis.
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