Sweating it at Derby City
The fact that The Mirage continued to stage and book the Challenge of Champions until their contract ran out several years later isn't evidence at all.This is the evidence that shoots down all the nonsense about the 91 Challenge of Champions having a negative effect on pool. This entire event was exaggerated, when I found out how much was really bet and won it wasn't worth mentioning. All the players in the Challenge of Champions were making a lot of money at that time, I made over $400k the year I played so the 50k first prize was nice, but not a life changing number.
Thanks for the memories terryhanna ...... this was back when pool was still riding the wave of 'The Color of Money'
The money involved was insubstantial in the context of the handle of a large sports book. The cost of pursuing any legal action could never have been justified given how small the losses were. That said, the lack of motivation to both market and grow the event at The Mirage was quite evident, and it was made crystal clear when they chose not to renew their contract when it expired. The Mirage had no appetite to further their association with pool at the time.
The Mirage softened it's stance eighteen years later by hosting the 2013 Mosconi Cup. The Mosconi is an event that has always been bettable at the UK bookmaking concerns, but, to nobody's surprise, The Mirage took no action on the event. They'd had enough when it came to booking action on pool, and for very obvious reasons.