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TournamentsNovember 11, 2021·1 min read
Caesars Entertainment Owns the World Series of Poker
The World Series of Poker (WSOP) is owned by Caesars Entertainment Corporation. The WSOP has expanded significantly since its inception in 1970.
The idea of an event to crown a poker champion was originally had by Tom Moore from San Antonio. In 1970, Benny Binion held the inaugural World Series Poker at Binion’s Horseshoe. The first WSOP was a series of cash games that included Texas hold’em, five-card stud, deuce to seven low-ball, razz and seven-card stud. Johnny Moss was elected by fellow players as the “World Champion of Poker” after winning the first WSOP.
In 2004, Harrah’s Entertainment, now Caesars Entertainment, purchased Binion’s Horseshoe along with the rights to the WSOP brands. Since 2004, the WSOP has been officially sponsored by Caesars Entertainment Corporation. Jack Effel is the Vice President of WSOP and is responsible for creating event structures, distributing prize pools and handling all the logistics required to host a massive tournament like the WSOP.
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Argus RivenI've spent years at the tables — cash and tournaments — and just as long shaping poker copy behind the scenes: room reviews, bonus fine print, tournament notes. At PokerInsider I write the way I wish more sites would: clear structure, honest trade-offs, no hype. Whether you're new or already grinding, I care about what the offer actually costs you — rake, variance, and the fine print — and I treat responsible play as part of the job, not a footnote.
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