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Casino Opening "day" set

for the end of May! Do you think the casino will succeed in Toledo?

created by jim30529 on Feb 16, 2012 at 10:27:24 am     Entertainment     Comments: 26

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I'm sure it will succeed, but I worry about what will fail because it's sucking out Toledoans little expendable cash.

That said, I look forward to the poker room with the newbies who have no idea how to play cash games. From my experience, there will be a year or two of easy money.

posted by SensorG on Feb 16, 2012 at 10:47:49 am     #  

SensorG: I just hope they have a Holdem with a very low buy in. I don't like to gamble but I do like to play Holdem.

The one time I went to a casino thought I'd give it a try. Saw guys with stacks of $50 & $100 chips and walked away.

posted by INeedCoffee on Feb 16, 2012 at 10:53:12 am     #  

For what it's worth. I've heard this place is really nice. I've heard it described as Vegas style as opposed to Indian res type.
Also, it is state-of-the-art technology.

posted by Offshore on Feb 16, 2012 at 11:11:41 am     #  

Sure it will succeed. Check the success of the casinos in Vegas, Atlantic City, any Indian reservation. I went out and gambled on the rez when I was out West in South Dakota, and it was a real experience. The nicest, most well cared for and maintained building on the entire rez is the casino. Even given that you (any white man, that is) don't dare stay out there after sunset, the place really raked in the money.

I like playing Texas Hold'em, but I get too excited looking at all the chips in the pot. When I win a large pot I have to sit on my hands so I don't lunge across the table and rake all those chips in! Then I start feeling a little sorry for the guys who tap out, and the idiots who play when they can't afford to lose. I don't feel sorry enough to give 'em any of their bread back, though!

The casino will work just fine and will turn a nice profit, but the help it will give the economy is going to be real marginal.

posted by madjack on Feb 16, 2012 at 11:11:45 am     #  

Great kick-off to summer with the casino, opening right after Memorial Day weekend.
Will probably be total chaos the first couple weeks.

posted by Hoops on Feb 16, 2012 at 11:13:10 am     #  

I'm sure they'll at least weekend Holdem tournaments ($50-$100) buy-ins. I'm guessing if they are like most casinos the cheapest cash game of Holdem will be 1-2 with a $50 min - $200 max to sit.

There is where you chew up the newbies. It's only $2 blinds, but it's no-limit so bet's of $10-20 aren't uncommon.

These kids come to the table with $50 in front of them and even if I have nothing I'm probably going to raise you $20 out my $200 (the max you can sit down with)the first time they bet.

It's only 10% of my chips but it's 40% of theirs. Needless to say, most fold. Like I said, a new casino means 1-2 years of newbie action.

posted by SensorG on Feb 16, 2012 at 11:16:23 am     #   1 person liked this

It's already succeeded in my eyes, a friend who was out of work for 2 years got hired on his first interview and is back in an office, doing what he does the best. awesome.

posted by nana on Feb 16, 2012 at 12:07:56 pm     #   3 people liked this

Considering both the Huntington Center and 5/3 Field were essentially replacements for old facilities, that makes the casino the first "new" attraction for the city in how long?

I think it will be a huge success. They are adding jobs that don't directly hurt other jobs in the area and it is close enough to Michigan, Indiana, 80/90, and 75 to pull in a lot of out of state dough. Now if we could just get that Marina District moving...

posted by brainswell on Feb 16, 2012 at 12:51:44 pm     #   1 person liked this

I have never been to a casino nor do I desire to go. I had to work too hard to throw my money away where the house is going to win most of the time.

I have nothing against anyone else going. But from what I have read and heard it is hard to keep the criminal element out of gambling. And the social ills that follow are devastating. Gambling is an addiction just like booze, pills and illegal drugs.

posted by jackie on Feb 16, 2012 at 12:53:00 pm     #   1 person liked this

Looks like I'm batting .750 on the social ills

posted by Hoops on Feb 16, 2012 at 02:38:36 pm     #   6 people liked this

The Detroit Casinos all have brochures distributed around the place. In the publication it clearly states for any idiots dumb enough to go there "the probability of winning at any Casino game is zero over time". That's right 0. The poorly educated, marginal folks who live in the Toledo area will be drained of any residual cash in no time.

As far as poker, the posts in this thread are amusing. As if the tables will be filled with only clueless fools and them. This is the game that people who have been playing for 40+ years will wait for you and your money. Think you have enough experience to win and your under 40? Good luck.

The Casino is a cash vortex for the investor and a pit for Toledo residents. You simply cannot win. Zero probability. But then again...they do tell you that :)

posted by Star56 on Feb 16, 2012 at 02:44:23 pm     #  

Against a casino, the odds are always in their favor. It's how they make money. At best on a black jack table I can get the odds to 51/49 in their favor with a little math on my part.

Holdem on the other hand puts me against others; only skill and luck. I'm better than average so over time, I win, but still have my bad nights.

All said, I can't see this thing being a more than once every couple of months thing for me.

posted by SensorG on Feb 16, 2012 at 02:51:27 pm     #  

I have to agree with Sensor in Holdem'. It's all skill and luck. You against other players. I'm under 40 and have won quite a bit of money playing Hold'em

posted by lfrost2125 on Feb 16, 2012 at 04:12:48 pm     #  

I can't see this thing being a more than once every couple of months thing for me

Much less for me. Maybe if the steakhouse is any good I'll make a night of it 1 - 2 times a year. We'll see.

BTW--from their website--I can't tell if this guy is excited, taking a dump, or having a heart attack at the table. What a terrible shot!

posted by oldhometown on Feb 16, 2012 at 04:34:02 pm     #   1 person liked this

The casino will do well and bring a lot of needed jobs to the area. I live in a city with 3 casinos. One Vegas-style/sized, one a typical moderate sized - about 1/4th the size of Vegas, and a third that is a bingo hall that has a couple hundred slots. Yeah things are slanted towards the house, but that is normal anywhere. Don't go with more than you are willing to spend on entertainment and you'll be fine.

For the comment about increase crime that comes with them. If anything it exposes the existing crime issue more than introducing more. Toledo has a crime problem thanks to high unemployment and poor living conditions in some neighborhoods. Don't blame it on a casino. I'm in a town where I can still not worry if I leave the door unlocked running to the store.

For those that don't see them going very often, that isn't a bad thing. This isn't for everyone. If it doesn't interest you, it doesn't interest you. There will still be plenty that will go.

posted by JustaSooner on Feb 16, 2012 at 05:12:39 pm     #  

I, for one, can't wait until it opens! I certainly don't plan on making a career of it, but there are a lot of things I can no longer do, due to schedules, health and such. This will be a nice NEW thing to do occasionally.

On my way home from work the other day (coming north on 75) I noticed a billboard for one of the Detroit or Windsor casinos right by the bridge where our casino is. I thought that was kind of interesting.

posted by gamegrrl on Feb 17, 2012 at 07:20:30 pm     #  

I'm excited for the opening. I just hope is doesn't become over populated by the scum of our area. Hopefully I'm wrong and the casino draws in a good crowd but I feel the losers taking over the casino is inevitable.

posted by Walleye419 on Feb 18, 2012 at 12:53:07 pm     #  

I generally find most casinos are little more what old folk homes with slots.

posted by SensorG on Feb 18, 2012 at 01:54:29 pm     #   1 person liked this

Let me guess, it's all continually shuffling shoe or crap like that for blackjack... so there go my card counting skills. :(

posted by anonymouscoward on Feb 18, 2012 at 02:25:51 pm     #  

This should have been put in the marina district. Toledo's planners need to have their heads examined.

posted by BusterBluth on Feb 18, 2012 at 03:29:13 pm     #  

Toledo didnt get a say on where it went. It was written into the Ohio Constitution by Penn Gaming that paid huge money to get it passed.

posted by SensorG on Feb 18, 2012 at 03:43:02 pm     #  

BusterBluth posted at 02:29:13 PM on Feb 18, 2012:

This should have been put in the marina district. Toledo's planners need to have their heads examined.

June 2011 comment by Johio83 :

I've heard from some people connected to the deal that they chose the [casino] location because it is close to a highway, but secluded enough from other things that it will keep patrons from straying to other entertainment stops that might take away some [casino] profits.

Toledo voters approved the casino issue, which by default means that Toledo voters approved the Toledo casino site location as specified on the November 2009 ballot.

The text for the November 2009 Ohio Issue 3 initiative to amend the state constitution to permit casino gambling in only four Ohio cities: Cincinnati, Cleveland, Columbus, and Toledo.

Toledo (The casino in Toledo, Ohio will be located on approximately 44.24 acres currently known as 1968 Miami Street, located on the south side of the Maumee River and on the north side of Miami Street with Interstate Highway 75 running north to south thru the real property).

Toledo voters could have voted against the casino gambling issue in protest to the chosen location. Columbus voters did this. The 2009 casino issue got defeated in Franklin County because Columbus voters disliked the chosen location. Franklin County was the only big urban county that voted against the casino issue, although Montgomery County (Dayton) also voted against it.

Below are the county results for Issue 3 in November 2009. The green indicates the counties where the casino issue passed.

The defeat of Issue 3 in Franklin County resulted in a May 2010 do-over. It was a statewide issue to choose a new location for the Columbus casino. Columbus needed the support of voters from all over Ohio to allow their casino site to be changed.

If Lucas County was the only big urban county to defeat Issue 3, would we have received a do-over? Who knows? Columbus/Franklin County probably got a another chance to choose its casino location because of state government being centered there.

posted by jr on Feb 18, 2012 at 04:35:02 pm     #  

posted by Linecrosser on Feb 18, 2012 at 09:07:36 pm     #  

http://www.youtube.com/watch?feature=player_detailpage&v=pEm1XJzAVYk
And I like the YouTube video showing the last several years of monthly unemployment watch how dark the map turns as soon as Obama gets into office.

posted by Linecrosser on Feb 18, 2012 at 09:09:15 pm     #  

http://www.youtube.com/watch?feature=player_detailpage&v=okzyC_SDfjY
Here is the national map of the unemployment numbers this one is truely shocking.

posted by Linecrosser on Feb 18, 2012 at 09:13:24 pm     #  

Awesome job of thread derailing and going completely off topic.

posted by JustaSooner on Feb 18, 2012 at 11:25:47 pm     #   3 people liked this

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