The $12 million Poker Dome will be forced to fold by the end of the summer as the operators of the televised poker venue announced that they would be removing their stake from the lease.
Mansion Poker has also announced that it will no longer sponsor the Dome and Fox Sports Network will no longer be running poker shows from the arena.
The Poker Dome was originally built for poker fans to watch live high-rolling poker games, but the last televised Texas Hold'em tournament has now been broadcast and the venue will be gone from the Las Vegas mall, Neonopolis, by the end of August.
"We received word at the end of Season One that the network no longer wanted to produce the show," Rick Kulis, president of Hollybrook Regency, Poker Dome's leaseholders, said in the Las Vegas Sun.
It is rumoured that Mansion Poker's decision to drop its sponsorship may have been due to the US legislation on remote gaming sites, as the firm is located offshore in Gibraltar.
The Poker Dome only opened last year and the Fox Sports Network has agreed a three-year lease to broadcast 43 tournaments per year from the Poker Dome.
In its short lifetime, the Poker Dome hosted the Poker Dome Challenge, which was a live tournament based in a soundproof dome. Playing cards featured microchips which meant the TV audience could view all the action in real-time, while close-up cameras and heart rate monitors added drama to the tension as the game unfolded.
The $12 million Poker Dome will be forced to fold by the end of the summer as the operators of the televised poker venue announced that they would be removing their stake from the lease.