Wednesday, June 2, 2010
Poker pearl #47
Maybe I didn't get the memo, but this (reported in the June issue of Poker Pro magazine) was news to me: There's talk that this may be the last year the WSOP is held at the Rio.
Harrah's owns the WSOP -- they acquired it in 2004 through the purchase of Binion's Horseshoe. They are asking for bids on the Rio, thought to be around $500 million. There are no confirmed buyers at this time. If they sell it, obviously they'll have to find a new home for the world's biggest and most famous poker tournament.
Because of how much convention space it would require to host the WSOP, the speculation is that Caesars Palace is the most likely venue to do so.