Question by tyzekiel: How profitable are casino poker rooms? Do the casino’s compete with each other for poker traffic?
Just wondering if the casino’s are active about trying to draw a customer base to their poker rooms? I’m’ from washington and I know a lot of the local casino’s have shut down their poker rooms because they are not profitable enough. Cheers for any help.
Best answer:
Answer by Bob K
Years ago, casinos started eliminating poker room because they could make more per hour on a bank(s) of slots. Due to the current popularity, they have grown again and are considered a draw into the casino. However, they themselves are not big money makers and time will tell as the bottom line is scrutinized again.
What do you think? Answer below!
Online poker rooms are taking over and are making millions. If your interested in looking into online poker check out http://www.fullofpoker.com/ultimate_bet.htm
Poker is not a very big money maker for casinos, but it draws people into their building and there is at least a chance that they’ll play other games as well as poker. The only money that a poker room makes is the rake, which is usually only 5% of the pot and capped at $5-$20 depending on the stakes or a seat rental fee that they charge to play, usually something like $10/hr. That’s not a great profit margin, which is why if you have a player card you don’t get a lot of bonuses for playing poker compared to other games.