Much more to say on the matter … but just to set the record straight, after further research I am now fairly confident that the rumor propagated across the internet about a Harrah’s sale of the Rio being “complete” was not accurate.

Pretty sure something was close to done and may or may not have fallen apart, and that Harrah’s is still looking to unload the home of the WSOP on someone … with any serious offers of $300 million or more getting a real look. But I don’t really know even that. Meanwhile, any poker media who ran with the story needs to consider their willingness to rely on such unsavory sources, and should probably go sit in a corner and think about what they’ve done.