AzB Gold Member
All due respect Jay, I just don’t see that happening in LA. I have the always respected your business decisions & trust has always been 100% with us. I’d like to be wrong on this one, but I just don’t see it working in LA.
If you can find a spot and the numbers make sense you know how to find me. It would be great to have a spot.
I had 33% of a card room about 4 years ago for a while, we couldn’t crack the nut there. I got out even, but the other 2 guys went down with the ship. It was licensed as a “Social Club” it was 200 yards from the Beverly Center. 2nd floor of a nice center like Erin builds on the corners-
I thought about putting a couple barboxes in it, but didn’t make sense. We had 3 different card games and other action. Did $12,000/mo the nut was $15k. Didn’t work out.
Did you take a rake? I can't imagine a raked game not being successful?
If a card room couldn't crack the nut, I can't imagine how a pool room would. Many pool rooms had a back room game (with a rake) and that was a big part of their cracking the nut. Now with legalized poker in about every single state, the backroom poker games are mostly all gone.