Quote:
Originally Posted by Lovesantiques
I wonder what the rake is going to be. If it's more than the 10% $4 max standard ($5 per 1/2 hour time charge for 2/5 at Borgata) then that just adds a huge expense.
All you have to do is look at tax rates to see what the rake will be.
Las Vegas casinos pay 4% tax rate, have $4 rake
New Jersey casinos pay 9.25% tax rate on table games, have $4 rake
West Virginia casinos pay 36% tax rate, have $5 rake
Delaware is set to have a 34% tax rate, unknown what the rake will be
With PA set to have a 16% tax rate, decreased to 14% later, there is no telling where the rake will fall. If they are greedy bastards, they will go for a $5 rake. If I'm betting, I'm betting they will be greedy bastards.
Quote:
Originally Posted by IFSATG
Even if the rake is $1 more (I have no idea what the rake will be) - that's offset by the expenses saved commuting to/from AC.
That's a bit of a defeatist attitude. We should be making our voices heard that a $5 rake will be unacceptable.
In this thread:
http://forumserver.twoplustwo.com/27...laware-542182/
I prepared a letter that I eventually sent to the Delaware table games committee. I am planning something similar to send to the PA decision-makers.
The time to make our voices heard about how these poker rooms should be set up and run is now - not just bitch about it later.