Caesars sells the Rio after years of rumors. Filipe Oliveira wins a third WCOOP title this year. Find these stories and more in the Monday Hit and Run.
Rio sold to New York real estate company
After years of sale rumors, Caesars Entertainment has announced that the Rio All-Suite Hotel and Casino has been sold for $516.3 million to Imperial Companies, a New York real estate company. The deal stipulates that Caesars will continue to operate the casino and pay $45 million in rent for the first two years and an option for a $7 for a third year.
Caesars Entertainment will maintain control over the WSOP brand. Last week, Seth Palansky, VP of Corporate Communications for Caesars, said that people should feel confident that the WSOP will be at the Rio at least until 2021. Palansky also said that any ownership change is not expected to impact the location of the casino.
Breaking: Caesars Entertainment to sell the Rio in Las Vegas to a New York-based real estate group for $516.3 million and will continue to operate the resort under a lease agreement for at least two years. https://t.co/K0mvIVF60p @CDCNewswire
— Howard Stutz (@howardstutz) September 23, 2019
– There were a handful of notable winners from the final weekend of the PokerStars WCOOP. Filipe Oliveira won his third WCOOP title in five days when he took down the $2,100 Limit Triple Draw for $40,200. Oliveira had previously taken down the $530 PKO and $10,300 events. The victories put Oliveira at the top of the WCOOP leaderboard as the Main Events begin.
Filipe Oliveira wins three WCOOPs in five days: Remember the name Filipe ‘Zagazaur’ Oliveira of Portugal as he has been making waves in this year's World Championship of Online Poker.
— Poker y Apuestas… (@tiopokerbog) September 23, 2019
On the final Sunday, Doug Lang was the biggest winner of the day, winning $84,999 in the $1,050 No Limit Hold’em Eight Max Turbo PKO. Wilace_hun and Lars Peder Malones were also big winners on the day.
– partypoker has released its latest bot report for August. During August, partypoker closed 48 accounts leading to the seizure of $148,668 and €29,495. As the result of partypoker’s bot detection initiative, they have closed a total of 649 account since December 2018.
– Richard Bai took down the WSOP Circuit Potawatomi Main Event over the weekend, when he beat a field of 447 entries to win $138k and his first gold ring.
– From the Fake News Bin: Andrew Lichtenberger is growing tired of his mom asking when LuckyChewyPoker will launch.
– Monday’s featured classic Grinderschool training video is part 5 of Elliot&ET’s “Zoom Poker Series.” In this episode, Elliot&ET plays one table of Zoom Poker on PokerStars while covering topics such as 3-bet ranging, blind defense, blind stealing and opening ranges, among other topics.
Best poker videos on the Internet
– Nick Schulman is the latest guest on Joey Ingram’s Poker Life Podcast:
– Jaime Staples latest highlights from Twitch features play from the $530 Knockout Series final table.
– Never seen a full Live at the Bike Stream? LATB has posted a full episode of a recent stream of their popular poker broadcast, which features Marle Cordiero.