Quote:
Originally Posted by fast11375
Feel like a restaurant or bar would be more direct revenue than poker room when you factor in the low poker revenue (max $150/hr per table IF it is occupied) minus staffing (dealer, security, cage staff, floor, cleaner, finance, waitress) minus cost (furniture maintenance , automatic shuffler rental, alcohol, electricity & heating, taxes, marketing). There’s a lot that goes into a poker room in the back end.
I made a similar comment in an earlier post. The only revenue generator I can envision at the Borgata at the poker room location is another restaurant. But as things presently stand, the old Bobby Flay location is vacant, and they pretty much have all boxes checked (buffet, coffee shop, sandwich shop, food court, Italian, Chinese, noodle bar, steak house, American/pizza, celebrity chef (Michael Symon -- Wolfgang Puck and Bobby Flay are gone). They only genre missing is a dedicated seafood joint, but they had one that didn't do well and that vacant location to fill if they want one). So what restaurant is really needed? Don't forget poker players sometimes play other games and frequently bring their spouses who do the same, rent hotel rooms and eat at the restaurants. And many poker players take advantage of the sports book. All that traffic will wind up at Harrah's without a poker room. Given all the unused table games and slots at the Borgata, closing the poker room will cost them revenue which will unlikely be replaced by something else. It's the most customer dense part of the casino, for whatever that might indicate.
Given the size of the Borgata casino, if and when they close the poker room, it will be a sign that they are in deep trouble. Has any large casino with a large poker room closed it and done well?