In a groundbreaking move that has sent shockwaves through the world of poker, GGPoker has acquired the iconic World Series of Poker (WSOP) brand for a staggering $500 million. The deal, which was finalized last week, will see GGPoker take over all operations of the WSOP while ensuring that the prestigious tournament series remains in its spiritual home of Las Vegas for the next 20 years.
The acquisition marks a significant milestone for GGPoker, one of the fastest-growing online poker platforms in the world. With a focus on innovation and player experience, GGPoker has quickly become a favorite among poker enthusiasts, attracting a loyal following of players from across the globe. The company’s CEO, Stephen McLean, expressed his excitement at the prospect of partnering with the WSOP and continuing its legacy of excellence.
“We are thrilled to be the new owners of the World Series of Poker,” said McLean in a statement released to the press. “We have the utmost respect for the history and tradition of the WSOP, and we are committed to upholding its status as the premier poker event in the world. Our goal is to enhance the overall player experience and bring new and exciting innovations to the series, while staying true to its roots.”
Under the terms of the deal, GGPoker will oversee the planning and execution of all WSOP events, including the flagship Main Event, which is widely regarded as the most prestigious tournament in the poker world. The company has pledged to invest heavily in the future of the series, with plans to introduce new formats, technologies, and partnerships that will elevate the WSOP to new heights.
Despite the change in ownership, poker fans can rest assured that the WSOP will remain firmly rooted in Las Vegas for the foreseeable future. The city has been the spiritual home of the series since its inception in 1970, and GGPoker has made a firm commitment to continue hosting the events in Sin City for the next two decades. This news will no doubt be welcomed by players and fans alike, who have come to associate the WSOP with the bright lights and bustling streets of Las Vegas.
The acquisition of the WSOP by GGPoker represents a seismic shift in the world of poker and has the potential to reshape the landscape of the game for years to come. With a new era of innovation and excellence on the horizon, the future of the WSOP has never looked brighter. Poker fans around the world can look forward to an exciting new chapter in the storied history of the World Series of Poker.