WSOP Finalizes $500 Million Sale to GGPoker Parent Company

chris119@getwpt.com (Poker Game Free) — Tue, 29 Oct 2024 21:35:41 +0000

Caesars Entertainment has finalized the $500 million sale of the biggest brand in poker to GGPoker’s parent company, according to an announcement on Tuesday.

In August, Caesars Entertainment shocked the poker world when it announced that it would be selling World Series of Poker (WSOP) to NSUS Group Inc, a leading investment group and operator GGPoker. The deal was solidified Tuesday and includes a $250 million cash transaction and a $250 million promissory note due in five years.

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WSOP Finalizes $500 Million Sale to GGPoker Parent Company