Las Vegas: Wynn Millions cracks $10 million guarantee

Monday, June 28, 2021 6:15 PM
  • Earl Burton, Poker News Daily

It was certainly an audacious statement. Whether you want to call it a bold commentary on their belief in poker or a risky chance that could blow up in their faces, the Wynn Las Vegas Resort threw down the gauntlet with their latest tournament. The Wynn Millions started last week with its $10,000 buy in event and, after three Day Ones of action, the players have responded to the call of the Wynn.

With their tournament, the Wynn poker room was taking on many challenges. First, the number of high-dollar tournaments ($10,000 or higher) has declined of late and not just because of the COVID pandemic. Even before that, more tournaments had gone to multiple Day One tournaments with lower buy ins and plentiful reentries rather than run high dollar tournaments. For example, the World Poker Tour only has one active $10,000 buy in event on its schedule, the venerable L. A. Poker Classic, after having as many as six of those tournaments only 10 years ago.