Rio sale rumors surface again
The WSOP might have to look for a new home
It’s been a few months since there were any rumors about the Rio All-Suites Hotel and Casino in Las Vegas possibly being sold, but they’re finally back. This past January was the most recent talk about the sale, but there is more support this time than ever. It’s becoming more certain that the WSOP is going to have to find a new home.
Vital Vegas had confirmed earlier this year rumors that had circulated last October that the Rio could be torn down in favor of a new ballpark. Now, Las Vegas Locally, another Las Vegas insider, tweeted, “Source: The @RioVegas is in the process of being sold and will soon be demolished.”
Caesars is also in the process of looking for a new owner, as billionaire Carl Icahn, the company’s largest shareholder, has finally won his fight and is essentially forcing a sale. That, coupled with the previous rumors of the Rio’s demise, combine to give a greater foundation for a realistic end to the once great venue.
Las Vegas Locally told CardsChat, when asked about the veracity of the information regarding the sale, “The source is pretty good. He’s provided several tips in the past that proved to be accurate. One thing I can tell you for sure is that Caesars has been actively trying to sell the Rio for at least the past year.”
The WSOP is most likely safe for 2019. However, things will almost certainly change for next year and beyond. We’ll have to start for the next round of rumors that discuss WSOP’s new home.