Quote:
Originally Posted by Bene Gesserit
The poker room is likely going to close down totally?? Good source?? This is really a bad deal, but I guess I can understand it. I knew it was going to get smaller, but I really did not think it was going to die. Belterra still is open right?
I'd consider the dealer I talked to a good source, however keep in mind that he said this was just a feeling many of the dealers had and not based on anything concrete. Still if you look at the poker room's monthly revenue for the year, it's not pretty:
Jan-13 $536,741
Feb-13 $535,628
Mar-13 $306,849
Apr-13 $215,493
May-13 $228,639
Jun-13 $164,275
Jul-13 $153,150
Aug-13 $127,043
Sep-13 $87,817
Oct-13 $79,698
Obviously they took a big hit when the Horseshoe opened on March 4th, but the disturbing thing is that rather than stabilizing afterwards, they've steadily declined instead. The drop from August to September is understandable with the WSOPC at Cincinnati, but there was no bounce back in October. The trend seems to be that once players leave they don't come back.