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Old 10-07-2007, 02:48 PM
*TT* *TT* is offline
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Default Re: LV Hilton closing poker room 10/17

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n every city there is one constant, poker is strong 24-7 in markets where there is consolidation

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This is just plain wrong. Foxwoods is the only room in its region, and it's a giant clusterf**k. In LA the rakes are humongous.

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consolidation is different from monopolization (Foxwoods). With the exception of Canterbury I agree all monopoly markets are poor for the player (although game selection is fantastic). LA rakes are humongous because California rakes are humongous, your confusing the subject. Also get used to it, the trend over the next 2 years will be to increase the rake to a 5 dollar max nationwide.

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Now imagine if 8 of these tiny strip rooms closed. O'Sheas, the Strat, Monet Carlo, Luxor, etc and all of their business consolidated to create one giant low-limit room. Pretty hot eh?

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This theoretical room would almost certainly be able to get away with a $6 rake due to the lack of competition from other rooms. Pretty hot eh?

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nope, the max would remain 10% up to $5 because thats what the market has dictated is the top end. By the end of next year its assumed almost all rooms in Vegas will max rake at $5 for these limits, the downward slide has already started and its inevitable no matter what we say or do because corporations have to increase the bottom line to maintain poker rooms. We wont see $6 rakes for low-limit games for at least another 6 years I would estimate, if not longer.
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