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Article: Las Vegas Gambling Hall May Be Shopping World Series of Poker.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- December 31, 2003
CopyrightCOPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News
Dec. 31--Binion's Horseshoe's financial problems are apparently driving the 52-year-old downtown gambling hall to try to sell the property's most valuable assets, including the rights to the granddaddy of poker tournaments, the World Series of Poker, sources said.
"They've been cold-calling, asking if there was interest in buying the World Series of Poker," one casino industry executive said. "It's their best asset, and they're trying to sell it."
And there's definite interest in buying the World Series of Poker brand because of, in large part, the recent ...