What began as a small tournament in 1970 at Binion's Gambling Hall, Downtown, has grown into a serious, six-week event operated by the Caesars Group and held annually at Rio, with a record payout to date of $12 million, in 2006.

What began as a small tournament in 1970 at Binion's Gambling Hall, Downtown, has grown into a serious, six-week event operated by the Caesars Group and held annually at Rio, with a record payout to date of $12 million, in 2006.
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