MGM Closes Three Vegas Poker Rooms Completely

MGM Shuts Down Three Of Its Las Vegas Poker Rooms Permanently  

Wednesday, November 4th, 2020 | Written by Renee

MGM Shuts Down Three Of Its Las Vegas Poker Rooms Permanently  

The Nevada poker trade has misplaced three extra rooms. The Mirage, Mandalay Bay, and Excalibur, all owned by MGM and positioned on the Strip, will now not provide poker video games. The three rooms have been closed since mid-March because of the COVID-19 pandemic. With the current closures, there are solely three MGM properties in Las Vegas which can be at the moment accepting poker gamers specifically, MGM Grand, Aria, and Bellagio.

Poker Room Closure Development Continues in Nevada

Reside poker is amongst industries severely affected by the COVID-19 disaster. Worldwide, quite a lot of venues have determined to shut down for good, and the state of Nevada is not any exception. In Las Vegas specifically, 31 card rooms had been working earlier than the coronavirus wreaked havoc in March; simply 19 of them had been capable of reopen post-pandemic, with some deciding to stop their operations completely, together with the three MGM properties.

Over in Clark County, the 34 rooms and 430 poker tables initially working previous to the pandemic have now dropped to only 21 and 285. In the entire of Nevada, poker video games had been accessible in 57 venues in February, earlier than COVID-19 received fully out of proportion. Right this moment, there are simply 29 areas the place one can play poker.  The open tables have additionally gone down from 540 to only 338.

The current drop in figures doesn’t come as a shock although. Even earlier than the pandemic, poker rooms had been shutting down in Nevada. In line with the UNLV Middle for Gaming Analysis, the state’s poker trade has been shrinking yr after yr since 2009, however 2020 has recorded the bottom numbers to date.

Prime Execs Recall Earlier Experiences at Mirage

The three MGM poker rooms weren’t as busy as the most important venues in Vegas after they had been nonetheless in operation. Excalibur, the Mirage, and Mandalay Bay solely ran as much as 12 tables, however many are nonetheless saddened by the closures, particularly those that began their careers at these rooms, notably the Mirage which was as soon as a prime poker vacation spot in Vegas.

The room decreased its tables to only 12 in 2015, however many execs would recall how sturdy the venue was again within the day. In actual fact, a few of as we speak’s profitable poker gamers, together with Daniel Negreanu, Eli Elezra, Gavin Griffin, and David “ODB” Baker had been regulars within the room, enjoying $20/40 restrict video games, which allowed them to construct their bankrolls and launch their respective careers. The venue additionally featured within the widespread movie “Rounders”.

Above all, the closures have left tons of of employees unemployed and they’re going to now be compelled to seek out new jobs, one other big problem for them after the pandemic.

Unhealthy Beat Jackpot Cash To Be Redistributed

Whereas the current closures are an enormous blow to the Nevada poker trade, there’s some constructive information for gamers: MGM will redistribute the excellent dangerous beat jackpot cash on the three properties within the type of freeroll tournaments.

As per the state’s gaming laws, because the cash is contributed by gamers, it isn’t owned by the on line casino and subsequently have to be returned to gamers within the occasion of everlasting closure. To do that, MGM Grand is internet hosting three freerolls, over the following month. The primary event already occurred on November 3, however gamers nonetheless have an opportunity to win prizes with none funding on November 17 and December 1.

Registration for the November 17 occasion opens on November 11 at 5pm, whereas registration for the ultimate freeroll will likely be on November 25 at 5 pm. The primary freeroll gave away Mandalay Bay’s $24,022 jackpot money.  Within the remaining two tournaments, gamers will compete for Mirage’s $69,804 prize pool and Excalibur’s $27,837 jackpot cash.

All in all, greater than $100,000 in dangerous beat jackpot is redistributed to gamers. Whereas gamers can participate in these tournaments without spending a dime, they have to keep in mind that the seats are restricted, so they have to register on time to safe one. The poker site at MGM Grand reopened again in July and is at the moment operating 13 tables.

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