Given the rake, it is also a loser unless you have a big advantage from skill.
That’s a special case of “big advantage in skill” in the sense that the WSOP/TV boom drew a bunch of players with way more aspiration than skill/experience and the games were easily beatable by players of typical home game winner level of skill as a result.
But you can still get cheap gross rooms at Circus Circus!
For a professional dealer, good chips, and a continuous flow of players, that seems like a pretty fair price to pay.