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It has been confirmed that Caesars Palace has officially raised its rake to 10%/$5 max, plus $1 jackpot on all its games. This now means that all Harrahs owned properties are raking at the $5 max level.
Up until now, Caesars, Harrahs Flagship property and premier poker room, had kept its rake at the Vegas industry standard of 10%/$4 max plus $1 jackpot.
AVP has learned on good authority that the decision to keep the rake at a $4 max was directly correlative to Caesars offering only well drinks in their poker room. The room management apparently decided that in lieu of raising their rake, they would rather limit poker players to non-premium cocktails.
However, now that the rake has risen to the Harrahs standard of 10%/$5 max, the premiums are NOT being brought back to the supposed "Premier" poker room.
This means that one can get better quality cocktails at the lesser properties (Imperial Palace, Harrahs, Ballys) and pay the SAME RAKE then one can get at Caesars Palace, the supposed flagship Harrahs property.
Furthermore, Harrahs poker room, located accross the street from Caesars Palace, offers Red Bull in the can in addition to premium cocktails, complimentary, and has 3 cash games in the morning when Caesars is ususally either dark or running a single cash game (8-11AM).
Of the premier poker rooms in Las Vegas (Venetian, Wynn, MGM Grand, Mirage, Bellagio, and Caesars Palace), Caesars is the only room that does not offer premium cocktails, rakes at 10%/$5 max, and takes a jackpot drop.
To discuss this news story, please see the dedicated AVP Discussion Forum thread located: HERE.
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