Quote:
Originally Posted by Gioco
Poker has had no limit booms before, see 1970's; then a, relatively speaking, small pool of players wins all the money and the boom collapses, like all bubbles.
No way is this the case. It may have been the case back in the day when there was no cap in the NL games, but almost all rooms now do have a cap in place, and I can assure you, there is no "small pool of players" winning all the money. That assertion is hogwash.
Comparing any boom in poker prior to 2003 is not relevant to today's situation. Where we are now is entirely new ground. The one and only poker boom, in 2003, is in the process of playing itself out, and we'll see over the years to come how things shake out. A pullback from the frenzy of excitement from 2003 to 2006 is understandable, but the question is where will we end up?
The present economic recession notwithstanding, it appears that the poker rooms in LV were over-built. That means many will languish, and others will close (if they haven't already).
The simple truth, and this will be Chris' purpose at the Mirage, is that every room has to find what it is that will draw players in to their room instead of others. And that, is no easy task to figure out. Best of luck to Chris. I was playing at the Mirage way before 2003, and have always loved it. I have sentimental feelings for the Mirage, I suppose, if there can be such a thing for a poker room.