After months of speculation, it was announced via news release today that Caesars Entertainment Corp. has sold off the Rio All-Suites Hotel & Casino while at the same time confirming that the 2020 World Series of Poker will continue to be hosted at the venue despite the sale.

• On Monday night, the 2020 World Series of Poker (WSOP) $10,000 Main Event domestic tournament – which played its first two days on WSOP.com – saw the final eight players of a 705-player field.
• Many poker players are concerned that the 2020 WSOP won’t take place due to the coronavirus pandemic. Gregory Chochon, director for the World Series of Poker, addressed the issue on a French.
• The World Series of Poker Online will be held throughout July for U.S. WSOP Online events for international players will be held July 19 through Sept.
• World Series of Poker. Details & Events Add to Facebook New. Every Gold Bracelet event at the World Series. 2020 Online WSOP Money List. See Complete Ranking.

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The property that sits just west of the Las Vegas Strip has been sold to Impersonal Companies, a New York-based real estate company for $516.3 million in a deal that is subject to approval by regulators. The 2,500-suite hotel and casino opened in 1990 and has played host to the World Series of Poker since 2005 when it moved from its original home, Binion’s Horseshoe on Fremont street.

The sale of the Rio has been in the works for quite some time as Caesars itself is in the process of being acquired by Eldorado Resorts for $17.3 billion. During an earnings call in June, Eldorado CEO Thomas Reeg said that one or two properties were likely to be sold off as part of their deal and said he hoped to close on those deals by the first quarter of 2020.

About the sale and the implications for the World Series of Poker, Tony Rodio, CEO of Caesars Entertainment, said: “The retention of the World Series of Poker and retention of Caesars Rewards customers are all factors that make this a valuable transaction for Caesars.”

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For at least the next two years, Caesars will rent the Rio at a cost of $45 million per year, indicating that the WSOP will remain in its current home for at least two more years and a $52 million option for the third year of control.

2020 Wsop

Beyond 2022, it looks as though the rumors of a potential new destination for poker’s biggest festival will continue to swirl. In an interview with Cardplayer, WSOP Vice President of Corporate Communications Seth Palansky pointed out that finding a new home for the 62-day event every summer will be a daunting task and that the Rio is a logical place to host the series while other locations on the Strip, including the new convention center at The Linq, might not be as appealing as the rumors want to suggest.

Watch the 2019 World Series of Poker Main Event final table on PokerGO right now. PokerGO is the home of the World Series of Poker final table live streaming.

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Jeff Platt, Sarah Herring and Chad Holloway take a look at the week in poker with their own thoughts, opinions and analysis. This week Jeff is in the thick of the drama after a public twitter spat with Lon Mceachern. He explains the details and of course it all started as a result of the feud between Daniel Negreanu and Doug Polk. But, it seems this feud might be over. Could it be that the two poker bosses are even going over hand histories together? The PokerNews Podcast crew delves deep. There is so much more to cover this week and you can find all the timestamps below: [TimeStamps] 00:20 Lonestar Poker Series 02:15 BBO Poker Tables maybe going to ship Sarah the best Gaming table ever? https://www.kickstarter.com/projects/gametheorytables/the-origins-exquisite-and-functional-board-game-table 04:00 Jeff Platt in the middle of Drama? 11:00 I Doug and Daniel Drama Almost Done! 14:24 What was the drama with Daniel tanking? 16:45 I Daniel Dvoress wins WPT Montreal Mike Sexton Classic on partypoker: https://www.pokernews.com/news/2021/02/daniel-dvoress-mike-sexton-classic-38610.htm 18:00 What was Sarah Arrested for? 21:40 Jack Hardcastle wins WPT Montreal Main on partypoker: https://www.pokernews.com/news/2021/01/jack-hardcastle-wins-wpt-montreal-main-event-partypoker-38586.htm 22:55 Jack Hardcastle Joins the Show 44:45 GGPoker ad 46:00 Moorman/Katie Lindsay headsup for ring: https://www.pokernews.com/news/2021/01/chris-moorman-katie-lindsay-go-heads-up-for-wsop-gold-38591.htm 50:30 Michigan Online Poker opens up: https://www.pokernews.com/news/2021/01/pokerstars-launches-online-operations-in-michigan-38594.htm 56:40 I WSOP Circuit Main Event: https://www.pokernews.com/news/2021/02/wsop-wraps-online-january-super-series-38612.htm 58:45 I MSPT Poker Bowl V this week at Venetian: https://www.pokernews.com/news/2021/01/mspt-poker-bowl-v-heads-to-venetian-las-vegas-38598.htm 01:01:18 I Run it Once ad 01:02:05 I Thor Hansen Documentary https://vimeo.com/ondemand/smilethorhansen2) 01:11:00 I Oddschecker Be sure to check out this page for your chance to get a $1k free Super Bet and it costs you NOTHING! https://www.oddschecker.com/us/insight/football/nfl/20210122-super-bowl-betting-win-a-$1000-free-bet-to-use-on-the-super-bowl