2017 WSOP Location? - Page 2 - WSOP and Tournament Circut

Who would actually WANT to buy the live tournaments? It does seem to be profitable but not by a huge clip and there doesn't seem to be a ton of room for growth.

Anyone that wants to funnel thousands of gamblers that aren't afraid to put at least a thousand bucks (on average) into action every day, as compared to the average 500-600 dollar slot player? Not Aria or Bellagio, but a second or third tier spot that wants a big boost in exposure, and maybe a bunch of new players that don't normally go into the place. Every day there will be a couple dozens people that suddenly have a few hundred grand to over a million burning a hole in their pockets looking for a craps or BJ table.

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and there is no guarantee all of the players would migrate over.

Yeah, look how many people stayed at Binions.

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07-30-2016 , 05:11 AM

#27

Dr. Meh

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Join Date: Aug 2013 Posts: 3,351

Who owns WPT? It'd be interesting to see what they would do with it. Infrastructure and know how is already there and it would give them an essential monopoly on most of the major tournaments every year. I still don't know where they'd host it but the circuit events would probably increase in number given the contracts they have with other casinos.

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07-30-2016 , 05:30 AM

#28

Dr. Meh

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Originally Posted by pig4bill

Which is why I think something off strip would want to try. Maybe Southpoint? Don't they have a big venue? I'm not terribly familiar with them.

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07-30-2016 , 09:35 AM

#29

carlo

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Join Date: Apr 2004 Posts: 4,014

Is the Orleans arena/conference rooms big enough ? Boyd Gaming is large enough and has an ownership interest in the Borgata which is arguably the best poker casino on the east coast.

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07-30-2016 , 05:56 PM

#30

AllInNTheDark

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Originally Posted by carlo

Is the Orleans arena/conference rooms big enough ? Boyd Gaming is large enough and has an ownership interest in the Borgata which is arguably the best poker casino on the east coast.

Orleans has 1/4 the space of Rio, so no.

Southpoint is in BFE, I don't see that happening.

There are only 4 other companies with as much or more meeting space in one place as the Rio has:

Westgate- Seems rather unlikely

Venetian/Palazzo- Never say never, but they have their own successful series, so not sure why they would need to purchase WSOP.

Wynn- Maverick, so you never know, but their series pretty much just offer NLHE currently, it would be a huge change.

MGM- This would seem most likely, because they have multiple properties they could possibly rotate and expose via WSOP (Aria, Bellagio, Mandalay Bay, MGM, Mirage).

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07-31-2016 , 06:52 AM

#31

benislovas

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Join Date: Apr 2014 Posts: 22

Heard from pitboss in Venetian this year - they are planning to open new area in 2nd floor for poker, now it is conference area, but this still needs approval from top management. According to him "we have big plans for series for next year"

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07-31-2016 , 10:59 AM

#32

akashenk

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Join Date: Mar 2013 Posts: 3,116

Quote:

Originally Posted by pig4bill

The exposure is going to be greatly reduced once the ESPN contract is up (after next year I think). My guess is Caesars Entertainment has been desperately trying to sell the WSOP at a premium for some time now and they haven't gotten anyone to bite.

I think poker players who are hoping the WSOP gets sold and moved from the Rio need to be careful what they wish for. Things aren't going to go back to the Binions days any time soon, but they are much more likely to go in that direction than the other way.

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07-31-2016 , 11:05 AM

#33

akashenk

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Originally Posted by Dr. Meh

I've always been kind of surprised the WPT never made a play to hold a competing series in LV during the summer. They've had the single Aria event the last few years which has been really successful, but nothing else. I know a couple casinos that have made attempts to partner with the WPT, but have balked because of the amount of money the WPT required. The future is a little uncertain, so I wouldn't necessarily expect anything gong forward, but I definitely think the WPT missed the boat in recent years.

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07-31-2016 , 11:15 AM

#34

akashenk

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Originally Posted by AllInNTheDark

I wouldn't underestimate the comparatively negative (largely deserved) image poker players have amongst casino executives, particularly those who run high-end properties like the Venetian/Wynn. Even if it made any sort of financial sense (and that is an enormous IF), why would that kind of property want to take a risk and bring in throngs of generally whiney and messy poker players?

Any property looking to do so would likely be a step or two below what already exists at the Rio, which brings me to my point from another post... poker players who are clamoring for a move away from Caesars Entertainment and/or the Rio should be careful what they are wishing for.

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07-31-2016 , 12:41 PM

#35

AllInNTheDark

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Originally Posted by akashenk

I'm definitely not wishing for it to be sold/moved. It seems to be working well and improving all the time. I was only pointing out that MGM looks like the only viable option that I can see, and have no idea whether they would even be interested.

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07-31-2016 , 03:19 PM

#36

akashenk

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Originally Posted by AllInNTheDark

I agree MGM is the natural potential landing-spot, as far as established hotel/casino chains are concerned. And I agree it is unlikely to happen because there just doesn't seem to be enough in it for the MGM.

A move to MGM would probably represent the least disruptive alternative for players who like the current schedules/formats, in general. If the WSOP is bought by some other type of other concern, it might represent a huge change.

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08-01-2016 , 08:26 PM

#37

pig4bill

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Originally Posted by AllInNTheDark

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Originally Posted by benislovas

Yeah, they told me 5 years ago they were going to move to the Sands Convention Center. LOL, their recent actions point more towards shutting down their room than big expansion.

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08-01-2016 , 08:33 PM

#38

pig4bill

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Originally Posted by akashenk

Wat? They've had the Five Diamond at Bellagio for years.

WPT doesn't do series. They do the tv event, and sometimes the casino builds a small series around it.

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08-01-2016 , 10:52 PM

#39

carlo

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Join Date: Apr 2004 Posts: 4,014

Quote:

Originally Posted by pig4bill

Orleans also has the Arena, so maybe it has enough space. The main thing is they are serious about their poker room, and have the best daily tournament in town, so they already have good in-house expertise.

Yeah, they told me 5 years ago they were going to move to the Sands Convention Center. LOL, their recent actions point more towards shutting down their room than big expansion.

The Orleans Arena has about 17000 square feet with about 2000 square feet in the casino itself. The Rio has over 100000 square feet.

If the series went to the Orleans there would have to be a thinning down .

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08-02-2016 , 09:13 AM

#40

Dr. Meh

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PokerNews is reporting that a Chinese company bought Playtika from CIE for $4.4 billion but the deal did not include the WSOP. So the WSOP is staying with Caesars for now. I still think they might sell if the ESPN deal falls through after next year.

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08-03-2016 , 04:20 PM

#41

akashenk

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Quote:

Originally Posted by pig4bill

Wat? They've had the Five Diamond at Bellagio for years.

WPT doesn't do series. They do the tv event, and sometimes the casino builds a small series around it.

I stand corrected. I completely forgot about that event. Its not really an option for the average player.

Anyhow, what I was getting at is there is no reason the WPT couldn't hold a larger number of high-profile events during the summer.

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08-04-2016 , 05:13 PM

#42

PeteBlow

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Join Date: May 2012 Posts: 14,559

WPT Season 5.
May - Mirage Poker Showdown
June - Mandalay Bay Poker Championships
October - Festa Al Largo (Bellagio)
December - Doyle Brunson (Bellagio)
April - WPT Championship (Bellagio)

The WPT always took a break during the WSOP.
WPT, EPT and WSOP worked together to make sure there weren't really any overlaps.
The Bellagio Cup used to start midway through the WSOP ME.

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