Caesar's Entertainment sells WSOP to NSUS Group, Inc.

Mortis

Mortis

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Caesar's Entertainment just announced that they have sold the wsop for $500M. But still secured the right to host the WSOP on its Las Vegas properties for the next 20 years.

World Series of Poker Brand Sold to Online Giant GGPoker for $500 Million


https://newsroom.caesars.com/press-...f-Poker-Brand-to-NSUS-Group-for-US500-million

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Nafor

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First I thought, that's not a lot. But then again nothing tangible exchanged hands.
Kinda scary though...
 
Mortis

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Not sure this is a good thing for poker or not. We shall see but my 1st thoughts are I dont like it.

I'm still on the fence about it. NSUS owns GGPoker, so I'm sure they will incorporate that in there somehow. At the WSOP is secured to be in Vegas for at least the next 20 years. After that, who knows where it may go? Could go to some different big cities around the world... London? Dubai? It could be a possibility. But I'll be in my 60s at that time.. gonna have to play in Vegas as much as I can now in the next few years lol.
 
Poker Orifice

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I think this will be a good thing for WSOP series. I imagine GGPoker will be running a gazillion satellites in the future and hopefully for more than just MainEvent packages/entries. Maybe it'll be similar to how it was back on Fulltilt. I hope so.
 
Luvepoker

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I'm still on the fence about it. NSUS owns GGPoker, so I'm sure they will incorporate that in there somehow. At the WSOP is secured to be in Vegas for at least the next 20 years. After that, who knows where it may go? Could go to some different big cities around the world... London? Dubai? It could be a possibility. But I'll be in my 60s at that time.. gonna have to play in Vegas as much as I can now in the next few years lol.

You and I are feeling about the same on this one. We got at least 20 more years but they could really screw things up too and ruin what it has become. Im more worried short term about the circuit series. Looks like there not having one close to us now but the schedule is not finished yet. so know knows. Guess we shall see.


Maybe it'll be similar to how it was back on Fulltilt. I hope so.

Hopefully not too much like FullTilt. Still peeved over how that went down.
 
EmptyHouse

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In my opinion, this is a bad thing. GGPoker has a penchant for making a monopoly.
 
Falzee

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Looks like a good deal for Caesars.
 
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steve01991

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why sell? is there going to be a down trend in poker? i dont think so, but 500 million is a lot just for the name!
 
LUKADONCICMVP

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Rip Caesars lol just kidding
500m hmmmm nice money
 
thetick33

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this is very concerning to me...But if lucky they will get more online offerings and better software etc...They still havent paid me my winnings and talking to the hopefully PREVIOUS support was not a lot of fun so hopefully they get it right and things all things get better...
 
shanest

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I guess there'll be a lot more bracelet events on GG
 
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skaterick

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I guess there'll be a lot more bracelet events on GG
yeah .... may the best computer software win !(anyway, some already use programs live at the final table and get away with it seemingly ).
 
Suns of Beaches

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this is very concerning to me...But if lucky they will get more online offerings and better software etc...They still havent paid me my winnings and talking to the hopefully PREVIOUS support was not a lot of fun so hopefully they get it right and things all things get better...
U most likely did not provide everything necessary to be able to withdraw or u did something against TOS if a pokerroom does not pay u.
 
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