Caesars Entertainment has sold the World Series of Poker! As GGPoker buys the WSOP, we examine what this mean for their online poker sites, their land-based poker rooms, and the live WSOP Tournament in Las Vegas each summer! Plus, we have a look at the renovated poker room at the Venetian!
Hello friends! Caesar’s Entertainment has sold their World Series of Poker brand to the parent company of GGPoker for $500 million. But GGPoker focuses on the Asian and European markets,
which has a lot of American players wondering, what the hell? And, what happens now? First, the things that will NOT be changing: Caesar says that they will continue to host the annual World Series of Poker event in Las Vegas for the next 20 years! Plus, they will continue to operate the World Series of Poker real money online websites in Nevada New Jersey Pennsylvania and Michigan. Additionally, their land based poker rooms will continue to display the World Series of Poker branding. So, players may not notice any differences at all.
But at GGPoker buys the WSOP, this begs the question of what exactly will be changing? And what was in this deal for GGPoker? Their parent company explains that they plan to expand the World Series of Poker brand globally online, using their cutting edge technology to improve the safety and the experience of web-based poker play, as well as pushing GG Poker to the forefront of poker growth around the world. So for all practical purposes, it sounds like GG Poker will focus primarily online while Caesars will focus primarily on land based poker. A gross oversimplification, I know, but the truth is most American players are not going to notice any difference at all. And most importantly, the World Series of Poker will still take place every summer at the Horseshoe and Paris Las Vegas.
Of course, watching as GGPoker buys the WSOP wasn’t the only poker news making headlines this week, as The Venetian has finally unveiled their brand new,14,000 square foot, 50 table poker room that they are calling… the poker room! Back in February we told you that the Venetian was redesigning the space in an effort to create a more unique poker destination. The new room has self-served drinks, private restrooms, kiosks for sports betting, and USB charging ports at the tables. They will host both cash games and deep stack tournaments, plus a vlogging room for players will soon be added which will allow the Venetian to stream final tables and live games.