From what I heard this week at Caesars LV, they will soon be closing their Poker Room.

I guess for a number of years now, the Pure Nightclub next door has been eagerly trying to expand and take over the area occupied by the poker room. From what I was told, the latest offer was deemed to be too good to pass up.

I recd this info from a few dealers/floormen in the know but being told to keep details quiet. Supposedly the plan would not take place until two things occur.
1) the WSOPc in March being completed on the premises
2) the casino providing some small area on the casino floor to hold a small poker area (few tables maybe).

They spent so much money on the room in 2006. Such a shame if true.

What would happen to the summer mega stack series during wsop then?

Moved to another property? That's what I'd guess

Too bad, it's a pretty nice poker room. Maybe the 5th best room on the strip. Hopefully the replacement is up to its level.

The back tournament area was constructed to make taping TV poker easy. It was a great venue to record shows in. Going to be a shame to lose it.

yeah this is pretty sad, i rebuilt my roll post black friday in the 2/5 games there

From what I had been reading earlier, the current poker room is closed, and will be moved elsewhere with about 12-17 tables.

although from a financial standpoint it makes complete sense, I can't see Caesars totally abandoning poker due to its rank in the casino hierarchy

downsizing the room and relocating it seems logical ... but finding an adequate location on the Caesars Palace gaming floor but be the toughest part

the real question is how strong will the Venetian tournament series' get during the wsop (and other times) now that they're only major competition will be the WSOP (in the Summer) and nothing really outside of that?

That was one room I wanted to play but hadn't had a chance to yet. Now I won't be able to play in the original room, but I do have a chip I got from there.

The harsh reality is that there are simply too many poker tables available on the Strip and not enough players to fill all those seats. If you aren't the Bellagio, Venetian, or Aria, then you are basically in a field of "everybody else" and all selling the exact same product (1/2NL), to the exact same customers (rec tourists with a few $200 bullets or the locals that chase them around to feed) and little differentiation.

Orleans is a good example of the opposite of that. They have built an Omaha "niche" and are successful.

The Palms move to $1 rake shows just how desperate things have gotten.

Other examples of desperation from recent past includes TI's "$10/hour to play" promotion. Cant rem exactly how it worked but you basically got $10 / hour in cash to sit down at a cash table... or something close to that. cant rem. it was last year.

The CZR room had the special dynamics of not only having no differentiation but also massive sq footage and grossly underutilized. Sq Ft = $ in Casinos

Also this

maybe out in the sports book? which honestly would prob help the room to be out in the open

I always though the Caesars room was way too big in for its traffic. It never made any sense in my head. Now it does.

It's a beautiful poker room but their $5 + $1 rake is beyond ridiculous. Every local I know avoid them.

Maybe the Rio will eliminate their $5 PREFLOP rake?

Any noticeable impact on the circuit in a month?

Really interesting because Caesar's AC just closed their room this month. They are combining the room with the Bally's property, next door.

Caesars is a bizarre place because they had the Vegas poker scene handed to them on a silver platter after Moneymaker but failed to hold on to everyone because they had no idea what they were doing and they had completely ridiculous rules and policies. I played in a few tournaments they had last week for their (apparently final) series and it's completely insane to have a 10 handed mtt when they have more than enough dealers and tables. The structures for every tournament were completely ****ed up. They had no idea why it's a terrible idea to have 5k AND 10k chips in play at the same time and it just seemed like they've had so many chances to pull it together up until this point and never listened to a bunch of really good advice from the tournament grinders who have been there over the years.

I think it may have been the first Vegas casino I ever played in but I can't say I'm gonna miss it too much. They refused to change.

yeah if you like playing poker in clouds of smoke and screaming drunk idiot fans that bet $5 parlays sweating every game and second of their "locks"

No Flop and there is still a rake?

I highly doubt they will eliminate the Poker Room from Caesars, as the Quad built a small room when they changed from the IP. But moving and downsizing does make perfect sense, as it's a huge area that is only partially full during their various tournament series. Hopefully it will be much closer the parking garage, as the old room is way too far away.

As for the summer series, it's possible that it could be moved to Planet Hollywood. PH seems to be the busiest room of the Caesars properties, according to Bravo Live. They have run a couple of smaller series, but I don't know how successfully those have been.

Caesars had the best 2/5nl game in Vegas, by far, ainec, during the month of June for the entire WSOP. Luckily I dont grind in Vegas anymore, but the smart 2/5 regs, who actually know how to game select, should be very upset by this. I have never seen games like the Caesars ones, especially when the certain oil guy from Texas was in town, I'm not going to mention his name, but the few Caesars regs know him.

my friend that works at caesars said that they plan on moving the poker room near Nobu. so the poker room will be super hidden. even more than it already is. also he said that pure night club is expanding and munch bar has to do a 1 million dollar renovation.

all of this is not 100% guaranteed, but this is what i was told.

Edit: he also said that Pure owners offered munch bar multiple offers to take over that space as well. but they declines every time

The Caesars room technically speaking should have had the absolute best traffic in Vegas because it's on the best corner, and during WSOP it's the closest room to the Rio by foot and opposite from Bellagio too. But they have never treated regulars right.. messed with their useless promotions wayyy too many times(as opposed to just not take the extra $1 drop altogether in cash games), and the quality of some of their dealers is shocking. I don't mean new ones but some who have worked there for years still make frequent, fundamental mistakes. Some of the floor people also don't know or enforce the tournament rules when they should. Examples are too numerous to mention. All this meant that for such a luxurious property they can't ever get a 5/10 going and their 2/5 is usually run pretty poorly too.

It's too bad because I liked some of the people working there but numerous factors caused me to stop playing there. I feel pretty sad about the news but not surprised. Generally speaking Caesars Entertainment just has no idea how to run a poker room, when their properties occupy the absolute BEST LOCATIONS on the Strip.

Profit-driven corporate downsizing is commonplace everywhere. It could be happening now throughout Caesars, witness LV, Caesars AC and even my local poker room, Harrah's Cherokee in North Carolina, where weekday hours have been reduced and blackjack is being moved into the poker room.

Any other Caesars poker ops being cut back?

I for one am sorry to hear that the room closed, and hope that Caesars does reopen a poker room. Sure, the rake was too high. But I really like a lot of the staff there. At the very least, I hope that they get jobs somewhere soonest!!

Lee

Maybe people got sick of freezing to death there.

All in all, I'll miss the 2/5 unlimited buyin cash games. They attracted some pretty bad players with a lot of dough. Memories....