Quote:
Originally Posted by _*PSTONE*_
Don't you think the competition will help to keep the rake low?
|
The rake will be the same at both places. Rake competition is stupid for the casino. The poker room would just be lighting money on fire. From the business-side, the rake-anal customers that will travel an extra ~20 miles for a dollar less rake aren't the most desirable overall to the casino.
There are other ways to compete via a multitude of promotions.
Another problem with a third casino in the close parameters doesn't even have to do with the poker rooms... it has to do with the slots.
This article goes over the impact of the proposed amount of slots for the casino in Prince George's. Honestly, with the amount already committed for Arundel Mills and Harrah's Baltimore, that Prince George's casino, if it were to come to fruition, would be prudent to come in with a smaller number of slots and concentrate on the high-end with its proximity to all the DC/NoVa money.
One other personal thought... if the PG County casino happens, it absolutely has to be at the National Harbor. I haven't been to DC much, but made a point of locating and checking out both the racetrack and the harbor when I went down there this past week.
The racetrack entrance that leads out/into the older neighborhood is a safety hazard waiting to happen. Doesn't look to be the safest area already. The other entrance currently requires a very tight traffic pattern that is not doable for extensive traffic at all. The Oxen Hill Rd./Brinkley Rd. junction would need to be completely reconstructed.
National Harbor, OTOH, has all the pluses. It reeks of new money, has the straight shot from downtown DC on 295, straight shot from NoVa right over the bridge on 95. Stores, hotels, the marina... it's a win win all around. There's a reason Cornish Group is fighting against a PG casino. They got the DC market to themselves with Arundel Mills and poured a bunch of money into it. A casino at National Harbor would cut them right off at the balls by splitting up DC and cutting off NoVa and all points south (Richmond, Virginia Beach, Raleigh/Durham weekenders).
Quote:
|
My only hope is that they are going to shove this down the House sides throat after passing it quietly through the Senate side. But if the PG folks on that side are bickering then I dunno...If this passes it will be because Miller made some huge moves behind the scenes
|
I hope the bill makes it through also. I was just annoyed at the blatent provision put in the preliminary bill regarding multiple-casino ownership that was clearly meant for Penn National and the racetrack. I'm very happy the statesmen came out touting a proposed casino be at the Harbor instead to put a wrench into Penn National's lobbyist money.