[CincyLady]

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I have been involved in some higher buyin tournaments, but I don't really see them making sense in Colorado. The most you can charge is $500 (including the rake for the casino), you cannot have them across properties (if you have a poker tournament played on more than one property you cannot take any juice from it). The hotel space isn't here and we can't spread any side games with more than a $5 bet. There also is no sports book and limited pit games to capture extra revenue.

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Which is why the Heartland Tour isn't at the Gilpin.

People want to play a big game. Don't tell me HPT ain't making no money for the Gates.

RR: Be creative!

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Actually, in talking with one of the assistant managers there a month back, he let it slip that in actuality having the HPT there is going to COST the Gates money, not make it for them (at least in the short term).

They (the Gates) have to pay (or so I was told) the HPT $20k just for them to show up, and then (or so I was told) the HPT gets to keep all the juice as well. Plus I was told, the Gates had to get all the dealers to agree to sign their rights away for their images to be shown on TV.

What is in it for the gates? Well from what I understand, they are (or they feel they are) the 'Forgotten room' in Blackhawk.

They (The Gates, or so I was told) are having the HPT come to the Gates in Blackhawk, in the hopes that the word will get out about The Gates Poker room, and bring in more live action cash players (not to mention their non playing partners/friends who only play the slots) to the Casino.