No more free parking!

If this Convention Center is currently a parking lot, 2020 does not sound very likely.

Where the hell am I supposed to get my flavortown tacos when I bust?

this would be a good problem to have?

The way it's currently structured is torture for older players and people with sleep dysunction. We can toss out the second group since mental health is only a joke, but there are a ton of people over 65+ that have no chance of competing with a sound mind towards the end of the MTT.

Were you under the impression that the cages in the Rio Convention Center during the WSOP are permanent?

Not at all, but they are geared up to handled that amount of cash? I assume they have cameras in the right place, a method of moving the cash to a more secure location (i assume rake from all the entries isnt just scooped up at the end of the 7 weeks), staff that double up as casino staff.

I assume the convention center has none of this in place. Someone has to pay for that.

This would be awesome. The RIO is such a POS.

It seems logical if Casaers Entertainment sells Rio and retains the WSOP brand they will host it in their new convention space if the aren't any bigger move lucrative conventions that would conflict.

I'm guessing the opportunity cost of hosting a big event like WSOP at the new Strip CC will be a lot more than at Rio. Which means higher rake, fewer events, smaller fields, and higher entry fees.

I hope I'm wrong. Perhaps competition will force CET to accept a lower return.

It doesn't take more than a quick Google search for Las Vegas Convention Schedules to see that the June-July time period is the nut low for major conventions, like the kind that have 25,000 or even 50,000 attendees. It's even the slowest time of the year for smaller "one-room" type of Association meetings as well. Why do you think CET is so happy to host the WSOP in the hot Summer doldrums? It's not because of "tradition", it's a calendar decision.

For many people, I doubt the parking is really an issue, especially with the indications that the new convention center will be attached to the monorail.

That would not be a bad thing IMO. I actually liked the space at the Venetian save for the brief issue with the HP event that was also booked into Hall G. For a first-year attempt, I felt like Venetian did a more than admirable job...

+1 million. Tradition would be a laughable concept, given that WSOP was traditionally held in spring, not summer. For example, when Hellmuth won the main in 1989, the final table was on May 19.

When I was at the RIO this summer, I was told i would be paying for parking next year. I was like wtf!!! outrage! This monopoly wsop has has to give. Rakes increasing and now I have to pay for parking on top of that? wtf

Lots of people would not be able to play the Main Event if you stretch it out even more. Especially, you know, rec players that you want and need in the field.

You "were told"? By who, exactly? Also, WSOP doesn't have a "monopoly." There were tons of tournaments all over town, including a great series at the V.

All of this.

The whole "WSOP moving to Caesars" thing came up a long time ago, and I wrote up a long-winded post (shocking) over at PokerRoad. The summer convention schedule came up then, too.

Additionally, I looked up the floor plans for the various banquet halls and ballrooms at Caesars to see if it had a similar footprint as Rio. It did. (Note: this was before the Pavilion existed, when the Amazon Room was the largest space.) So as of 2010, Caesars could handle the number of players, plus its playing areas were more centrally located.

Of course, the one thing Caesars could not accommodate as well as Rio was parking. I would imagine this would remain a huge issue, even with the new venue in place.

The fact WSOP is in the summer is further evidence that CET's margins for WSOP are likely fairly low. I don't know if CET is "happy" because I don't know how much it helps their bottom line. If they can make the same $ on the strip than at the Rio great, but there is going to be additional sunk costs plus higher operational costs there, so what I said above is very possible.

Lost in too many people's minds seems to be that a Convention Center built under the corporate umbrella of Caesars is NOT the same as the event being moved to the Caesars Palace property and property-specific convention-center space.

As location goes, the current set-up at the Rio leaves much to be desired. A newly constructed facility would beat the current option by a country mile. Further, if it were roughly center Strip, it would make access far better for many people who ALREADY do not stay on site.

Everybody knows that. The question is if Caesars can find somebody to occupy their new space in the summer. If they can, there’s zero reason for them to move the WSOP there instead of having it in their old, sh**** space (and hotel casino) that would probably be empty without the WSOP.

Looks like a deal is closer. (For those new to the thread, this twitter account has a credible past about Vegas dealings in the works.)

https://twitter.com/VitalVegas/statu...91411766124544

It's what I was born for.

Again, possibly eminent? rumors? You decide. . .

Sale of Rio All-Suite Hotel & Casino

Same rumor, the shift in room service hours and closing of a high-roller butler/kitchen service doesn't really add credibility to a "sale". Seems more like a services cut-back, something way less than what the article tries to make it out to be.

MLB Coming soon?

What is the Rio parcel worth? $750 million give or take? It cost $45 million to demolish Riviera, which was substantially smaller and shorter than Rio. So land plus demo would be somewhere in the $800m-$900m range if my land estimate is in reasonable range. The Raiders paid $77 million for its stadium land.

MLB stadium would have to be domed due to Las Vegas summers. Raiders stadium comes in just under $2 billion with the land cost being 10% that of what it would be here.

The Raiders stadium was a perfect storm of having GOP in governor and both chambers of legislature and Adelson pushing it. Tourism is going opposite direction since new room tax. Raising it again would be wildly unpopular. Who is putting up $2.5b to $3b to build MLB stadium on Rio lot?

LVCVA must not think this is going to happen. It just committed $80 million to the AAA stadium in Summerlin.

All of this tells me that I am happy to book bets for anyone that thinks this rumor becomes reality.

Yeah, I love vitalvegas, but that seems like a really off the wall rumor.