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Home / News / Poker / Harrah’s and the control of the brand WSOP

Harrah’s and the control of the brand WSOP

January 12, 2010 by Casino Jackpot Leave a Comment

Professionals in the gaming industry continues to show us the progress of World Series of Poker. To alleviate the concerns of financial orders and avoid bankruptcy, the company Harrah’s Entertainment is forced to abandon several of these possessions.

From the moment he moved heaven and earth to acquire the tournament poker world (WSOP) Harrah’s has completely controlled the WSOP brand. While operators of online casinos hope for one thing … the one Harrah’s Entertainment decided to sell the trademark rights for the World Series of Poker.

That said the company has rarely used these online rights, but many doubts indicate a poker room online for taking WSOP logo is the result of waiting. But Harrah’s has to maintain those rights and the famous casino guide online however if the UIGEA would be canceled. Despite this financial position of this company is such that the company must sell.

However that would allow Harrah’s cash to grow is certainly moving the online licensing of the WSOP while avoiding having to renounce their other hotel-casinos, knowing that the rumor that Rio wants All -Suite Hotel and Casino in Las Vegas up soon on the market. Official representatives of Harrah’s continue to concentrate in order to avoid the maximum loss for this company.

Currently the poker sites online competitors hope to counter all likely to use the famous brand of WSOP cons themselves even where to propel their existing identities. But even if Harrah’s sees these revenues take a blow, he was obliged to sell shares to rise in waves. Harrah’s Entertainment recently demonstrated in a loss figure of more than $ 4 billion, including debt payments on bank loans.

It remains to Harrah’s hope for a rebound to dodge the renunciation WSOP … Although this case is complicated …

Filed Under: Poker

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