Quote:
Originally Posted by Arch00
Their poker room revenue has dropped by 25k since the end of summer, not sure if the opening of MGM Springfield effects them or the end of summer, or having a bad room. I thought fall/winter brought out poker players, not summer.
https://www.gaming.ny.gov/pdf/financ...e%20Report.pdf
Every poker room is down after the end of the summer. Poker rooms thrive in the summer, not the fall/winter. It's not just this casino, it's one of the slowest seasons for poker. If you thought fall and winter were busier than the summer you were mistaken.
Quote:
Originally Posted by ameripoker
Interesting. So the revenue trend is down for poker at RWC. And, I assume, the profitability too. Its worse than the experts predicted when this site was chosen for a casino. Great job NYS/Cuomo/Casino Comm...every proposed location you chose for non-Indian casino sucks and is imploding. Complete ineptitude. Only NY could turn a no-lose situation like casinos into a bad bet for taxpayers. How long before they ditch the tables and wheel machines into the poker room in Monticello? A shame.
Every one of the NYS Casinos are doing worse than projected. Financial projections are just that, projections, and are usually best case scenarios to sell the investors.
Corrupt Cuomo licensed RWC because it's being run by Empire Resorts and he wanted to protect the revenue from the NYC Racinos which is why they said no to Caesars and New York Live in Harriman and the one in Sterling Forest. Those locations would have been gold mines being so close to the city and NNJ.