World Series of Poker
The World Series of Poker (WSOP) is a series of poker tournaments held annually in Las Vegas and, since 2005, sponsored by Caesars Entertainment Corporation (known as Harrah's Entertainment until 2010). It dates its origins to 1970, when Benny Binion invited seven of the best-known poker players to the Horseshoe Casino for a single tournament, with a set start and stop time, and a winner determined by a secret ballot of the seven players.
History of poker
Following the surge in popularity, new poker tours soon emerged, including the World Poker Tour and European Poker Tour, both televised, and the latter sponsored by online poker company PokerStars. Subsequent tours have since been created by PokerStars, such as Latin American Poker Tour and Asia Pacific Poker Tour, as well as other national tours. Beginning in 2003, major poker tournament fields grew dramatically, in part because of the growing popularity of online satellite-qualifier tournaments where the prize is an entry into a major tournament. The 2003 and 2004 World Series of Poker champions, Chris Moneymaker and Greg Raymer, respectively, won their seats to the main event by winning online satellites. In 2009 the International Federation of Poker was founded in Lausanne, Switzerland, becoming the official governing body for poker and promoting the game as a mind sport. In 2011 it announced plans for two new events: The Nations Cup, a duplicate poker team event, to be staged on the London Eye on the banks of the River Thames and "The Table", the invitation-only IFP World Championship, featuring roughly 130 of the world's best poker players, in an event to find the 2011 official "World Champion".