Raising the Stakes
Hollywood's interest in poker has helped drive the upsurge in lavish high-stakes poker rooms
From the Print Edition:
Vegas, Mar/Apr 2006
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Seidel's penultimate sentiment begs a question: how much longer can it go on for? Is there a poker bubble, which will soon burst, leading the game to go the way of so many other things that were once huge but now are not? I ask this of Doug Dalton and he responds like a true gambler. "If you think that's the case," Dalton says, "let's make a wager and see where things are at in a year."
I opt out (too many smart people are betting the game will thrive), but I tell Dalton that I think bad players will eventually get sick of losing money to good players and find other ways to entertain themselves. "What do they lose? A few hundred a month?" asks Dalton. "What would they do with the money if they didn't lose it at poker? Save it? I don't think so. Jack Binion [son of Benny Binion, with whom he founded the World Series of Poker] says that the poker business will double every year, probably for as long as we can accommodate everyone." Dalton glances across his crowded poker room and says, "Already we can use more tables here, and we just got through expanding."
Michael Kaplan is Cigar Aficionado's gambling columnist.
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