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Three more Las Vegas poker rooms are no more.
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According to a report from CardsChat, MGM properties Excalibur, Mandalay Bay and The Mirage have shuttered their poker rooms for good. They'd all been shut down since March due to the COVID-19 pandemic but company officials had called them 'temporary' and said they'd be 'continually re-evaluated.'
Evidently, the evaluations have determined that the properties would be better off moving forward without spreading poker. While that will be sad news for many, there's some silver lining in that six figures worth of bad beat jackpot must still be distributed back to the players, and it'll happen in a series of freerolls.
Continuing Trend of Nevada Consolidation
None were particularly robust rooms, each having between seven and 12 tables, and their closures continue an industry-wide trend of shrinkage in the Las Vegas market and Nevada in general.
In February, the last full month of pre-pandemic operations, there were 34 rooms in Clark County with 430 poker tables running, according to the Nevada Gaming Control Board. Today, those numbers are 21 and 285.
Statewide, it's much the same. Where today one can find poker at 29 locations with the possibility of being seated at 338 tables, there were 57 venues hosting poker at 540 tables in February.
Even that number of 57 was lowest the industry has seen in Nevada since 2002, according to the UNLV Center for Gaming Research.
Good News for Freeroll Hunters
The good news to come out of the closures is that the bad beat jackpot money must be distributed back to the players, per gaming regulations, as it's money that belongs to them and not the venues. That means more than $100,000 will be given away in a series of three upcoming freerolls, CardsChat reported.
The poker room at MGM Grand, which opened back in July, will host the freerolls. The first is tomorrow but has already 'sold out,' while the others will take place Nov. 17 and Dec. 1.
| Date | Venue | Registration Date | Bad Beat Jackpot |
|---|---|---|---|
| Nov. 3 | MGM Grand | Sold out | $24,022 (Mandalay Bay) |
| Nov. 17 | MGM Grand | Nov. 11 | $69,804 (Mirage) |
| Dec. 1 | MGM Grand | Nov. 25 | $27,837 (Excalibur) |
| $121,663 (Total) |
Players who want to get their hands on some of the free dough can head to the official MGM website on the appointed sign-up day at 5 p.m. local time to try to secure a seat. Alternately, the official ticketing page states that, 'If spots are available on the day of the tournament in person registration will be accept on a first come, first serve basis.'
According to PokerAtlas, MGM Grand has 13 tables, which represents the likely full capacity for the tournaments.
Sad News for Many in Industry
For many in the industry, though, the closures of these three rooms will be seen as sad news, especially for the employees who will now have to find new work if they hadn't already.
Particularly given its storied history, the Mirage will be missed. The room was remodeled and downsized in 2015 to its smaller size of 12 tables. However, it was formerly one of the top poker destinations in the city.
Many players who came up in the late 1990s and early 2000s cut their teeth in the limit games there, something they discussed fondly a few months back on Twitter. There, Daniel Negreanu took part in a trend by posting a photo of a chip stack from the Mirage:
I grew up here https://t.co/UPpFSAxxP1
— Daniel Negreanu (@RealKidPoker)Eli Elezra, David 'ODB' Baker, Layne Flack, Bruno Fitoussi and Gavin Griffin were among those who recalled building their bankrolls at the property's $20/$40 limit.
Of course, it also played a small but memorable role in the film 'Rounders', representing the ultimate destination for an aspiring poker pro who wished to find fortune in Las Vegas.
'I want him to think I'm pondering a call,' Mike McDermott says. 'But all I'm really thinkin' about is Vegas and the f*****' Mirage.'
Aspiring poker players can no longer identify with that particular dream, and the live poker capital of the world is down three more rooms in this time of industry upheaval.
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Station Casinos has decided to discontinue the bad beat jackpot promotions at its casinos a month after the Nevada Gaming Control Board ruled that the company had to pay out a disputed jackpot.
The controversy dates back to July 7th, when a $120,000 bad beat jackpot was hit at the Red Rock Casino, one of Station’s properties in the Las Vegas area. Len Schreter had the top end of a straight flush while Avi Shamir had the low end. This would normally spell disaster for Shamir, but they were in a bad beat jackpot game, which meant that Shamir won about $60,000 for having such an amazing hand lose and Schreter. The more than 80 players active at bad beat jackpot tables at Station’s other casinos also stood to share in the rest of the jackpot.
Red Rock management, though, ruled that because Schreter had, in his excitement, accidentally revealed his cards out of the turn on the river, the jackpot was nullified. Part of the promotions rules states that “discussion of hands during the play by players, at the discretion of management, may void a Jumbo Hold ‘Em Jackpot,” which is what management believed happened.
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Everyone who witnessed the hand agreed that Schreter’s actions had no effect on the outcome of the hand, but management wouldn’t budge. Schreter, Shamir, and a couple other players filed complaints to the Nevada Gaming Control Board. An NGCB investigator agreed with the players and the Board ruled in December that the casino must pay the jackpot, but Station appealed the ruling.
In February, the players won the appeal and Station Casinos opted not to appeal to the Clark County District Court and just pay the jackpot.
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“The player-funded bad-beat jackpot had always been ready for payment pending the GCB’s decision,” Station’s Lori Nelson told the Las Vegas Review-Journal. “The three players who filed a claim were paid in accordance with standard Gaming Control Board procedures. Additionally, we have been distributing jackpot awards to all of the qualified poker players who participated, not just the three who filed a claim.”
Many – including yours truly – wondered why Station Casinos would go to such lengths to avoid paying out the jackpot. As Nelson said, the bad beat jackpot was player-funded via additional rake, so Station was out no money. The one possibility that might exist is that the six-figure jackpot attracted a lot of poker players hoping to get lucky and that if it was reset, poker room traffic would decrease. Conventional wisdom, though, has been that the bad publicity from challenging the jackpot would hurt Station.
And it seems like it has. Nelson wouldn’t tell the Review-Journal is player traffic has changed. Michael Bluestein, one of the players who filed the complaint, said he isn’t playing at Station casinos as much as he used to and the Review-Journal added that other players have said that it looks like the poker room isn’t as busy as it was. Then again, that could just be because the jackpot is no longer over $100,000.