LV Hilton closing poker room 10/17 - Page 2

malo · #11 10-06-2007, 10:21 PM

When I first got interested in poker around three years ago, there were about a dozen rooms on the Strip, 8 or so off-Strip. Roughly 20 city-wide.

There are now 24 on the Strip alone (if you count places like O'Sheas and Trop, which have a few tables, but no room, as such.)

Think the poker boom has led to enough growth in the player base to warrant a few more rooms, but not as many as are currently open. Certainly feel badly for the employees when a room closes, but think it's inevitable.

psandman · #12 10-06-2007, 10:51 PM

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When I first got interested in poker around three years ago, there were about a dozen rooms on the Strip, 8 or so off-Strip. Roughly 20 city-wide.

There are now 24 on the Strip alone (if you count places like O'Sheas and Trop, which have a few tables, but no room, as such.)

Think the poker boom has led to enough growth in the player base to warrant a few more rooms, but not as many as are currently open. Certainly feel badly for the employees when a room closes, but think it's inevitable.

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Its worse than that. I moved out here in July 2004. By July 2006 I counted over 30 new poker rooms in the area since I had moved out here. Sure some of those rooms were small like the Tropicana or Railway pass, but it also included big rooms like Caesars, Wynn, Venetian, MGM.

*TT* · #13 10-06-2007, 10:58 PM

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I know it seems odd but closing this room is actually good for Las Vegas poker.

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Yours is a minority opinion.

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I agree its the minority, however my opinion is shared by some very powerful people in poker such as our hosts here at 2+2. There have been some long and very interesting threads about the over-expansion of the Vegas poker market as well as what happened last time there was an over-expansion in this forum already, if someone can share the links I'm sure you would find the topic very interesting. Additionally I think Mason discussed the prior bust in one of his Poker Essays books.

MicroBob · #14 10-06-2007, 11:37 PM

Stayed at the Hilton in Apr, 2006 because that was where GF's convention was taking place.
Hit the poker-room a couple of times and there was obviously nothing special about it. Felt super laid-back and a friendly-enough atmosphere but I think that's common when there's only 1 table running...and later on maybe 2.

No doubt some of these small poker-rooms kind of need to go. But at least it was nice and convenient for me during the brief time I stayed there.

I will always treasure my memories of the guy holding A4 getting 2 opponents bet into him and then later call down his raises on a board of A44AA.

pig4bill · #15 10-07-2007, 12:59 AM

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I know someone who works there too, and of course I don't wish any misfortune on the staff. But some of the rooms in vegas need to close for the overall health of the poker industry. Poker caused a sensation, and all the greedy corporations tried to jump on the bandwagon without bothering to do their research first. Krispy cremes causes a sensation when they open in a new city, but they aren't stupid enough to open a new store on every corner. Can't say that for vegas casino execs. My guess is that the narrow-mindedness and greed that made the hilton open the room in the first place is the same thing that closed it. From what I've seen of casino management in las vegas I don't expect anyone to learn a damn thing from this.

Al

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What?? What are they supposed to do? "Poker sure seems to be taking off since that accountant guy won all that money. But let's not be greedy and open a poker room. We should let all the other casinos make the profit on poker."

BobbyArmani · #16 10-07-2007, 02:46 AM

There was so little action at the Hilton during its run that it makes absolutely no difference overall for poker if the room stays open or not.

donger · #17 10-07-2007, 03:35 AM

Lots of these small and [censored] rooms need to go. Why should every single casino have a poker room? Each individual casino has fewer games and there's fewer games/limits overall to choose from.

donger · #18 10-07-2007, 03:37 AM

Whats the O/U on the venetian's room staying open without a major overhaul?

MicroBob · #19 10-07-2007, 04:10 AM

Also, would closings of a couple more of these smaller rooms like the Hilton have any chance of helping a room like the Venetian? My hunch is that such a situation would benefit rooms like Wynn and Caesar's slightly perhaps.
I'm not exactly sure why I think that.

*TT* · #20 10-07-2007, 04:12 AM

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Whats the O/U on the venetian's room staying open without a major overhaul?

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The V's room isn't going anywhere, its the worlds largest resort. I would guess they can afford to operate at a slight loss if thats what is occurring. The real question is when will the poker room management be changed, logically thats a possibility since its ridiculous if the worlds largest resort doesn't have a successful poker room.