AshanD
New Contributor
I read that big thread on playing poker and while it sounds nice, I think the fast lane approach is to be the cardroom, not the player. The cardroom is the big winner from what looks like the small amount of rake they take from each pot. $2-$3 per hand x30-40 means the room is taking $60-$120 per hour in rake per table. Not a bad business at all!
Problem is the regulation is high in pretty much every state for a small timer. Therefore I'm looking outside of the US. I have the means to start a small cardroom, about $50k in savings. Do you guys have any suggestions for a place to start such a business without having too much legal red tape to cut through? And FYI I am open to learning a new language so no restrictions there.
Problem is the regulation is high in pretty much every state for a small timer. Therefore I'm looking outside of the US. I have the means to start a small cardroom, about $50k in savings. Do you guys have any suggestions for a place to start such a business without having too much legal red tape to cut through? And FYI I am open to learning a new language so no restrictions there.
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