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  #21  
Old 06-02-2005, 08:30 AM
FouTight FouTight is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

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Slots make the most money per square foot by far, however, nobody would go to a casino that only had slots . So the table games are sort of the "loss leader" (or more accurately "smaller win leader") that draws people in, but before they leave most people drop a subtantial amount into the slots. And now, poker is becoming the hot table game that serves this purpose, used to be primarily blackjack and craps.

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They are going to try slot machine/race tracks in PA. ITS GONNA SUCK! But hopefully it opens the door for card rooms, but probobly not.

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and such is already true in WV, races and slots, no tables, and it's packed.
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  #22  
Old 06-02-2005, 01:26 PM
Bremen Bremen is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

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They are going to try slot machine/race tracks in PA. ITS GONNA SUCK! But hopefully it opens the door for card rooms, but probobly not.

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I dunno, I think there's a good chance the PA Supreme Court might declare the law unconstitutional due to the way it was rammed through the legislature. I believe the PA constitution stipulates a bill must be debated on three seperate days and they didn't do that.
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  #23  
Old 06-02-2005, 01:44 PM
jedi jedi is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casinos??

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$3 a hand 30 hands an hour. $90 an hour and they only pay minimum wage to the dealer. Why wouldnt they profit from this?

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And to the cocktail server.

And the bartender.

The cashier and the brush make a little more.

The floorman makes even more.

And they all want health insurance benefits.

And those players want comp drinks. In some places, food.

Advertising, insurance, mortgage, gaming license, the light bill.....there is substantially more than the dealer's salary to consider.

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All these things are true, but the more tables the casino has, the more they benefit from economies of scale. You don't have to pay 1 cashier per table.
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  #24  
Old 06-02-2005, 02:26 PM
Bulbarainey Bulbarainey is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

i think they make enough... a place I played all week last week in chico only ran one 30-35 player tournament in the morning, one 2-4 game w/$3 rake until 6pm, then a 2-4/2-8 spread and 6/12 games w/ $3 rake from 6pm until the game breaks.... off one table going, they employee four people and have been in business for years
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  #25  
Old 06-02-2005, 02:36 PM
TripleH68 TripleH68 is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casinos??

I would guess there has to be something to promotion, prestige and traffic, though I am not in the marketing business.

How many times have you seen a guy playing poker take a walking break that just happens to stop by a craps or blackjack table?
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  #26  
Old 06-02-2005, 02:40 PM
Ringo_Mojo Ringo_Mojo is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

Its kinda funny but table games now serve the purpose that the slots originally did.

Back in the old sexist days of vegas the slots purpose was to keep the gamblers wives busy while their husbands played "men's games" like blackjack and craps.

These days table games serve the opposite purpose, they give the table players something to do while their friends/family loose their money slots.
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  #27  
Old 06-02-2005, 03:03 PM
Biloxi Biloxi is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casinos??

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Per square foot, casinos make MUCH much more with slots than poker. They make more with slots than BJ; and more with BJ than poker.

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Correct^^
Beau Rivage removed its Poker Room shortly after opening it because the area would make MUCH more with slots or other games.
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  #28  
Old 06-02-2005, 06:45 PM
stabn stabn is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

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Many in the industry feel that poker players will only play other games if they ... somehow have the best of it.

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I would certainly fit that category. I'm sure many others here would as well. So I don't see how those in the industry would be wrong :0)

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There are many losing poker players. At a local casino i see quite a few of them playing KENO, etc. While it is definitely true of some poker players, there are a lot of bad players that casino's should love to have in their establishments.
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  #29  
Old 06-02-2005, 08:16 PM
terrapin314 terrapin314 is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casin

It's all about getting people (and their friends/families) in the door. The additional money that they spend on slots/dining/shopping etc. makes the rooms even more viable.
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  #30  
Old 06-02-2005, 10:31 PM
betgo betgo is offline
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Default Re: Do B&M rooms generate any kind of substantial profit for the casinos??

There are plenty of poker only places. Legal ones in the west and parts of Europe and unofficial ones everywhere. The unofficial ones have additional expenses for payoffs and risks of being shut down and going to jail. I doubt people would be in that business if it didn't make money.

Poker is probably not as profitable as slots. Also, they tend to hide away the poker rooms so that they are hard to find if you are not looking for them. I think this is because they don't want some high roller types who would play table games to blow there money on poker instead when most of their losses would go to professional players rather than the house.
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