This is the Truth. A Simple,Honest answer. Realist. , The same as Canterbury Park in MN. If they could of got Slots at the track,Poker would've been Gonnneeee...Then they tried and failed, The Mystic Casino group bought them out. Commerce and Bike would be Slots and Pit games. Only. Every Dam* Sq. FT. T.y. and gd nt.

Or they might have just thought about the idea for 15 seconds.

LOL, what a ridiculous post.

Would you like me to change your thread title to something more suitable, like "I think there should be a poker-themed hotel, and if you don't agree it's a good idea it must be because it will hurt you financially"?

Advanced posting tip: Don't ask questions you don't want the answer to.

At 55 past every hour, everything could pause. The slots freeze, the table games close down, everyone dashes for the bathrooms...

Somewhat of a strawman argument because I said it "might be" and not it "must be".

I just find it hard to see why someone who says they love poker would be so adament that a poker themed hotel makes zero financial sense. Do you deny that there might be some people in the Vegas casino industry and poker room industry who might not like a poker themed hotel coming along?

No, it's really not, because my point doesn't change if I correct my sentence to:

But I apologize for the error.

Why can someone who loves poker not make the very valid argument that a poker-themed hotel doesn't make financial sense?

No idea. Who cares?

Seems like you're more interested in discrediting the poster than debating the points he made.

I actually kind of like a hotel you can go to and just gambling it up with other hotel guests and get your grind on. My biggest problem is you put this hotel in Vegas. I'd much rather it be in the middle of nowhere like Foxwoods (I think) is where it's surrounded by a beautiful atmosphere and I'd probably be able to find a place to discgolf to get away from the ****ty gambling/tourist atmosphere.


I have no clue where it would be a good option tho other then a vegas style tourist trap.

Basically his argument is it's hard to get a gaming license and why go through all that to just have poker and not other games too. And poker doesn't make as much money as the other games and slots.

Well that might be true if you're just another poker room. But if you really concentrate only on poker and forget the other games, you might really be able to create something special. Things like:

-the most competitive rake in town.
-Some tables with a no tipping policy or having no tipping days.
-Liberal food comps.
-Having at least one Poker celeb being on site (as a host) each night.

There's all kinds of things you could do to be the best place in town to play. Once word got around, it might become the #1 room in town and thus attract more people to the hotel. I think if poker is ever to grow, these are the kinds of things that need to happen.

Isnt this thread just the Live players version of Phil Galfond Gonna start an Online Site Thread?

OP's idea is great, well except for this harsh reality.



So take the least profitable sq. footage on the floor and make it even less profitable by decreasing revenue and increasing expenses? Reminds me of sales joke "lose money on every deal but make it up in volume".

Ted, Ted, use your head.

So take the least profitable game a casino runs (per SF), make it less profitable with lower rake, higher salaries to dealers, more giveaways and shut down all other forms of gaming revenue = profit?

I would not go to Vegas to play poker in a hotel, even for zero rake.

I'm thinking a craps themed hotel, maybe like "Just Craps" or "World of Craps". Nothing but rows and rows of craps tables; also, lots of really good toilets.

If it has royal flush girls im there

Yes, he is running a poker room and he is worried that you are going to buy this hotel and turn it into the biggest poker hotel in Vegas and he will lose business.

.....

You don't seem to understand how money and revenue works.

Anyway, you could throw in free rooms and I still wouldn't fly to Vegas to stay in a low/mid-level hotel in a bad location (as it would need to be), where the differentiating factor is the lack of anything to do other than play poker and I guess meet Jean-Robert Bellande and look at photos of Sailor Roberts.

Not to mention that there's nothing on this list that another casino couldn't do.

Anyway, gotta run. The MGM Resorts board meeting is starting in 20 min---wait. I mean, I have to drive the kids to school. That's it.

I laughed.

You’re presenting your idea to your target audience. That’s always a good thing to do.

But if said target audience rejects your idea that decidedly, you might want to consider if your idea just isn’t feasible instead of getting that argumentative about it.

Very good point, Wilbury.

OP, please notice that the Rio does not keep its poker motif year round, re-purposing the convention facility to other uses ... so the answer appears to be "part of the year".

Time to close the thread ...

Nah

This is the worst idea I've heard since the jump to conclusions mat in office space

Minneapolis did strong business a few weeks back with their football-themed events and motif as well. Other cities might find it more difficult.

Some probably said that about Benny Binion when he had $2 steak dinners and raised the craps odds to 10x's the odds.

Yeah but a lot of middle income players, serious players, and locals, might if they got to meet Jennifer Harman one night, Tom Dwan the next, and the photos on the walls were of Phil Ivey.

1)we don't know whether or not people told binion his ideas were terrible but either way you can literally say that about any idea ever "well people told binion his ideas were terrible therefore (insert horrible idea) is a good idea also. it's completely illogical.

2)no literally nobody cares about meeting jennifer harmon or other pros. this would have been a bad idea in 2005 and in 2018 it's a horrendous idea.

People on this site actually play poker and are telling you it's beyond a god awful idea and it will do nothing to bring in people who aren't poker players.

This is a worse idea than the "strike" on poker stars.

Looks like it's not too late. Here is what Wiki (Lucky Dragon)says about it:

"During a bankruptcy hearing on February 21, 2018, a judge ruled that there would not be a foreclosure auction of the resort, and that the hotel would remain open until March 27, 2018, when another bankruptcy hearing will be held."
______

Also here is some footage of the inside of the casino (start at 2:25)

https://www.youtube.com/watch?v=X5T4sxMEQB4&t=214s

So tell all your billionaire friends there is still time to give the poker community their own hotel.

I get your love of poker and even that it clouds reasonable judgement. You could have some what of an argument, even if it's a terrible idea, by saying you never know till you try it. However, people have pointed out that the Rio essentially does what your describing every year. Putting your blind faith in the this idea to the side and just using normally intelligence. Why do you think the Rio only does this for less than a month every year instead of all year?