Rumored to be for sale for at least 10 years, the sale of the Rio in Las Vegas was formally announced today, along with formal notice the WSOP is going to remain there at least for 2020.
The $516 million sale to an investment group, according to multiple media reports, includes mention Caesars properties is leasing back teh casino to operate for at least two more years.
Seth Palansky gave an interview late last week saying the WSOP was staying at the Rio through 2020 and very likely 2021 was well.
Our sources had a few months back confirmed the likely sale and the Rio hosting the WSOP again in 2020.
Dan is the founder of PokerLiveUpdates, a veteran poker tournament reporter who can be found wandering somewhat aimlessly through tournament arenas worldwide. As a founding member of FunTour2.0, he searches for the best in craft beer at all locations in the poker world.