Future of AC Poker ?

[cmurl904]

Within the not so distant future, 3-4 (Trump Plaza/Wynn property, Sands location, Uptown past Showboat, & MGM ? on the bay) new casinos may open in AC. How will this effect the poker scene in AC, especially if these casinos open up poker rooms. Who knows, maybe down the road the four proposed Philly-area slot casinos might legalize poker & table games as well.

IMHO if only Borgata, Taj, Trop, and Harrah's had poker rooms, nothing would really change. The other rooms seem to be sort of non-factors.

[sirpupnyc]

My guess would be we'll get one or maybe two first-rate rooms, and one or two of the new properties will either open and quickly close third-rate rooms or not bother with poker at all.

Taj/Trop will feel more pressure to be more than big and popular, and the current third-rate rooms will become a little more third-rate.

[RobTheDuck]

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and the current third-rate rooms will become a little more third-rate.

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Perhaps fourth rate?

[shagarty]

I would have to assume that any of the new casinos, before starting any big plans for first rate poker rooms would scope out the scene (the market for poker in AC) enough to realize that more than one or two more decent size poker rooms would totally over supply the demand and be a total waste of otherwise profitable floor space for them. So while AC could definitely use some new first rate casinos, my bet is that the Borgata, Taj and Trop will continue to dominate and perhaps thin out just a bit with one or two new rooms.

Now if PA legalizes poker rooms, that could be a serious hit to AC poker, but that's a ways away, they're going to see how the slots work out first (which of course makes no sense, legalizing slots before poker (well, it does from a tax revenue point of view so nevermind, oh well)).

[jjshabado]

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I would have to assume that any of the new casinos, before starting any big plans for first rate poker rooms would scope out the scene (the market for poker in AC) enough to realize that more than one or two more decent size poker rooms would totally over supply the demand and be a total waste of otherwise profitable floor space for them. So while AC could definitely use some new first rate casinos, my bet is that the Borgata, Taj and Trop will continue to dominate and perhaps thin out just a bit with one or two new rooms.

Now if PA legalizes poker rooms, that could be a serious hit to AC poker, but that's a ways away, they're going to see how the slots work out first (which of course makes no sense, legalizing slots before poker (well, it does from a tax revenue point of view so nevermind, oh well)).

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Yeah I can't see anything aside from small 2/4 and 3/6 limit rooms opening. There just isn't the demand for them.

[BBMW]

I think the Borg's franchise is pretty safe. But if the Sands replacement builds the right room, and promotes/operates it well, it could put a huge dent in the Taj.

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I would have to assume that any of the new casinos, before starting any big plans for first rate poker rooms would scope out the scene (the market for poker in AC) enough to realize that more than one or two more decent size poker rooms would totally over supply the demand and be a total waste of otherwise profitable floor space for them. So while AC could definitely use some new first rate casinos, my bet is that the Borgata, Taj and Trop will continue to dominate and perhaps thin out just a bit with one or two new rooms.

Now if PA legalizes poker rooms, that could be a serious hit to AC poker, but that's a ways away, they're going to see how the slots work out first (which of course makes no sense, legalizing slots before poker (well, it does from a tax revenue point of view so nevermind, oh well)).

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[AKQJ10]

This is only semi-on-topic, but I find Harrah's strategy in markets like AC or Tunica to be self-defeating. Poker requires a certain critical mass to be able to do well. Harrah's seems to prefer to go for the walk-in traffic who went to the casino to play slots, but decides it would be fun to play a few hands of $1-2 NL or $2/4. I guess there's validity to both points of view, but it seems to me that having multiple small rooms just diffuses the traffic.

In AC, unlike Tunica, Harrah's doesn't have the room recognized as the luxury room, but the point is still the same. Seems to me they're cannibalizing Caesar's with the Showboat and Harrah's Marina, or however you want to figure it.

[AngusThermopyle]

The casinos have other things to worry about too:

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But for the first time, annual revenue from Atlantic City's casinos could decline in 2007. The industry faces increased competition from slot machines in neighboring states, new restrictions on smoking and the closing of one casino.
.....
Already, Pennsylvania slots parlors are cutting into Atlantic City's pie. Figures for January, when Atlantic City went head-to-head with two new Philadelphia-area slots parlors, had New Jersey casino executives reaching for the antacid tablets. Overall revenue at Atlantic City casinos declined 2.9 percent compared with a year ago, but the decline in slots revenue was even sharper at 7.2 percent.

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[magoo]

I like poker. But, the business end of the casino business is the personification of greed. My friend stayed at Taj a few months back. They wanted a rediculous FEE to use the guest computer ("business") room, which is complimentary for guests in most hotels. Enter Philadelphia with slots. If history is an indicator, A.C. joints are on the verge of making true suckers out of it's customers, by putting the squeeze on them--bigtime. Those hotel rooms are already sky high.

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But for the first time, annual revenue from Atlantic City's casinos could decline in 2007. The industry faces increased competition from slot machines in neighboring states, new restrictions on smoking and the closing of one casino.
.....
Already, Pennsylvania slots parlors are cutting into Atlantic City's pie. Figures for January, when Atlantic City went head-to-head with two new Philadelphia-area slots parlors, had New Jersey casino executives reaching for the antacid tablets. Overall revenue at Atlantic City casinos declined 2.9 percent compared with a year ago, but the decline in slots revenue was even sharper at 7.2 percent.

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[shagarty]

I'm sorry what is your point? I couldn't distinguish anything meaningful between all the bad grammar bad spelling and scattered topics. You're telling me you are a poker player but you think it's wrong for casinos to charge money for their services?

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I like poker. But, the business end of the casino business is the personification of greed. My friend stayed at Taj a few months back. They wanted a rediculous FEE to use the guest computer ("business") room, which is complimentary for guests in most hotels. Enter Philadelphia with slots. If history is an indicator, A.C. joints are on the verge of making true suckers out of it's customers, by putting the squeeze on them--bigtime. Those hotel rooms are already sky high.

[ QUOTE ]

But for the first time, annual revenue from Atlantic City's casinos could decline in 2007. The industry faces increased competition from slot machines in neighboring states, new restrictions on smoking and the closing of one casino.
.....
Already, Pennsylvania slots parlors are cutting into Atlantic City's pie. Figures for January, when Atlantic City went head-to-head with two new Philadelphia-area slots parlors, had New Jersey casino executives reaching for the antacid tablets. Overall revenue at Atlantic City casinos declined 2.9 percent compared with a year ago, but the decline in slots revenue was even sharper at 7.2 percent.

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