Quote:
Originally Posted by layemdown
Casino exexutives must see that poker has a significant value ( more than the rake) and address it as such. Most don't because as a stand alone game, there simply is not much profit in poker. That changes somewhat if you get nosebleed players to the game or world class tournaments. The Borgata/Aria have done that. But, first you have to recognize that poker is more than poker and a world class poker room can make for a world class casino. That takes a certain vision from the beginning and very few casino executives are able to make that connect.
Bingo! This is the situation in a nutshell. Revel will cater to high-end players, people looking for high-end food experiences, business travelers at conventions, and twenty-something hipsters with income to spend at clubs. Pretty much they are looking for people with cash. They need to do that to have any chance of overcoming the mountian of debt.
They will give poker the bare minimum attention because it doesn't
seem to fit the demographic they are looking for. Poker regulars can be immensely loyal, and while they look for comps and other amentities, they are often dismissed as not bringing enough $$$$ to the bottom line. But they do - not in the traditional ways that casino executives can see on an immediate return, however. They do by coming back - by word of mouth, and savvy casino execs do realize that having a world-class poker facility will be a positive in the long run. The Borgata realized this - I don't believe poker was their focus early on, but they quickly saw a void to fill in AC and did it possibly the best in the entire US (although that's debateable). Revel looks like they put together a world-class casino with poker as an after-thought where the knuckle-dragging stiffs who only conrtibute a couple hundred dollars a night are stuck in a remote location away from their true targets.
That's the way I see it, but I hope I'm wrong.