Quote:
Originally Posted by AngusThermopyle
Casinos with large poker rooms (Borgata, MDLive) generate at most 5-6% of their revenue from poker.
At Borgata, poker was 3.3% of casino win for November. That was by far the highest in AC, and a month with a big tournament series. Bally's was 2%, Harrah's 1%, Taj 1.6%, Tropicana .8% and Golden Nugget .3%.
If you're laying out a new casino, you're probably looking at poker as 1% of your potential revenue, maybe 2% if it's a huge success. And then you're looking at the cost of operating and staffing the room vs. what you could make with slots or blackjack in the same space. Average win per machine in AC is $6000-$11000. (Ignoring the Taj's under-$5k, and noting that the planners surely have better numbers than blunt averages at their disposal.) Dividing the poker win by tables, the average poker table brings in less than the average slot machine, though not dramatically less. But the space for a dozen poker tables could probably easily hold 100 slot machines.
2150 slot machines is a little less than Harrah's & Tropicana. 61 table games is less than every AC casino.
If their plan included a poker room, it's not likely it would be a rival to either Borgata or Foxwoods in size. And with a hotel so small, there probably wouldn't be a lot of rooms for poker players.
Last edited by sirpupnyc; 12-18-2014 at 11:43 PM.