The World Series of Poker (WSOP) is one of the most prestigious poker tournaments in the world. It attracts professional and amateur players from all over the world, who compete for millions of dollars in prize money. But who owns the WSOP
The WSOP was originally owned by Benny Binion, a well-known figure in the Las Vegas gambling scene. Binion started the tournament in 1970 at his Horseshoe Casino, with just seven players competing for a single prize. Over time, the tournament grew in popularity and size, eventually becoming one of the biggest events in the poker world.
After Binion’s death in 1989, ownership of the WSOP passed to his family. However, financial difficulties forced them to sell their stake in the tournament to Harrah’s Entertainment (now known as Caesars Entertainment) in 2004.
Today, Caesars Entertainment owns and operates the WSOP. The company also owns a number of other casinos and resorts around the world, including Caesars Palace and Harrah’s Las Vegas.
Under Caesars’ ownership, the WSOP has continued to grow and evolve. The tournament now features dozens of events with buy-ins ranging from a few hundred dollars to tens of thousands of dollars. In addition to traditional poker games like Texas Hold’em and Omaha, there are also non-traditional games like H.O.R.S.E., which tests players’ skills across multiple disciplines.
The WSOP has also expanded beyond its traditional home at Binion’s Horseshoe Casino. Today, events are held at several different venues around Las Vegas, including Rio All-Suite Hotel & Casino.
In addition to hosting live events, Caesars also operates an online version of the WSOP through its partnership with 888 Holdings. This allows players from around the world to compete for WSOP bracelets and other prizes from the comfort of their own homes.
Overall, the WSOP is a major part of the poker world, and its ownership by Caesars Entertainment ensures that it will continue to be a premier poker tournament for years to come. Whether you’re a seasoned pro or just starting out, the WSOP offers something for everyone.
