Caesars LV Raises Rake to 10%/$5 max +$1

Reprinted post by LasVegasMichael
on AllVegasPoker.com, 21 Dec 2008 06:27

Hello all,
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 for high hand 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 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.