Venetian: $1 Max Rake for 8-16 & 15-30; $2 Time for 30-60 & 60-120

[Dynasty]

In an effort to become the premiere Las Vegas poker room for middle limit hold ‘em, the Venetian is embarking on an ambitious strategy to seize the market.

On Friday, March 9, Venetian poker room management will announce their new promotion at their Deep Stack Extravaganza tournament. Officially beginning on April 1 (and unofficially beginning immediately), the Venetian is making a commitment to dramatically reduce rake for middle limit hold ‘em games through the rest of 2007.

8-16 and 15-30 limit hold ‘em games will have a maximum rake of $1 through the end of May. Likewise, 30-60 and 60-120 limit hold ‘em will have a time charge of $2. By comparison, rakes in all middle limit games in Las Vegas are currently at a maximum of $4. The time charge in the Bellagio 30-60 game is $6. In the 60-120 game, time is $7.

The Venetian’s promotion to offer reduced rake continues through December according to the schedule below (which is from a letter to players to be distributed on Friday to introduce the promotion). Advertisements in Card Player and Poker Player magazines will be purchased to support the promotion.


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Mid-Limit, Minimum Rake

If you’re a Mid-Limit Texas Hold’em player who’s looking for the best place to play, look no further than The Venetian. In addition to the luxury, comfort, amenities and professional staff that you expect and deserve, we’ve also found a way to keep more money in your wallet. Throughout 2007, we’re offering an introductory promotion for the following game limits:

$8/$16 and $15/$30 Limit Hold’em
April/May: $1 Rake
June/July: $2 Rake
Aug thru Dec 2007: $3 Rake

$30/$60 and $60/$120 Limit Hold’em

April/May: $2 Time Collection
June/July: $3 Time Collection
Aug thru Dece 2007: $4 Time Collection



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