Re: New Venetian poker room
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From what I hear, the Wynn has managed to get a fair amount of high limit action, plus semi-regular mixed games, omaha, and so forth... so it seemingly can be done.
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They cannot be making a single dollar from those games. They take a drop every hour on 30/60, and every 90 minutes on 60/120. With the free food, it cannot be pretty how much they lose on those games. Eventually, they will have to take regular drop and regulate food, and then the game will eventually disappear.
If Venetian takes a long-term approach to the business, like Caesars is, they have a chance to compete.
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