Binion's Horseshoe, retained the rights to the Horseshoe and World Series of Texas Hold'em Poker brands, sold the hotel and casino to MTR Gaming Group, and announced that the 2005 Series events would be held at the Harrah's-owned Rio Hotel and Casino, located just off the Las Vegas Strip. The final two days of the main event in 2005 were held downtown at what is now the MTR-operated "Binion's" in celebration of the centennial of the founding of Las Vegas. It also added a made-for-television $2 million "freeroll" invitational Tournament of Champions (TOC) event first won by Annie Duke as a "winner-take-all" event.
A Binion's poker table
A Binion's online hold'em poker table signed by WSOP Champions and other professional players after the casino hosted its final WSOP.Starting in 2005, the WSOP began a tournament "circuit" at Harrah's-owned properties in the United States where, in addition to the $10,000 buy-in tournament at each site, qualifying players became eligible for a revamped Tournament of Champions. The 2005 TOC, made up of the top twenty qualifying players at each circuit event, along with the final table from the 2005 Main Event and the winners of nine or more bracelets (Johnny Chan, Doyle Brunson, and Phil Hellmuth) would participate in the revamped TOC at