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Lyle Berman

 
Lyle Berman

 
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Lyle Berman
 
 
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Lyle Berman (born August 6, 1941 in Minneapolis, Minnesota
Minneapolis, Minnesota

Minneapolis is the largest city in the U.S. state of Minnesota and is the county seat of Hennepin County, Minnesota. The city lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, Minnesota, the state's Capital ....
) is a professional poker
Poker

Poker is a family of card game that share betting rules and usually List of poker hands. Poker games differ in how the cards are dealt, how hands may be formed, whether the high or low hand wins the pot in a showdown , limits on bets and how many rounds of betting are allowed....
 player and business executive.

an grew up in Minnesota and attended the University of Minnesota
University of Minnesota

The University of Minnesota, Twin Cities is a public university research university located in Minneapolis and St. Paul, Minnesota, Minnesota, United States....
 where he graduated in 1964 with a degree in business administration. He then went to work for his father's leather business, Berman Buckskin. When the business was sold to W. R. Grace in 1979, he stayed on as president
President

President is a title held by many leaders of organizations, company, trade unions, university, and country. Etymology, a "president" is one who Wiktionary:Preside, who sits in leadership ....
 and CEO
Chief executive officer

A chief executive officer or chief executive is typically the highest-ranking Corporate title or Administration in charge of total management of a corporation, company, non-profit organization, or government agency, reporting to the board of directors....
. The company was then later sold to the Melville Corporation where it became Wilsons Leather.






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Lyle Berman (born August 6, 1941 in Minneapolis, Minnesota
Minneapolis, Minnesota

Minneapolis is the largest city in the U.S. state of Minnesota and is the county seat of Hennepin County, Minnesota. The city lies on both banks of the Mississippi River, just north of the river's confluence with the Minnesota River, and adjoins Saint Paul, Minnesota, the state's Capital ....
) is a professional poker
Poker

Poker is a family of card game that share betting rules and usually List of poker hands. Poker games differ in how the cards are dealt, how hands may be formed, whether the high or low hand wins the pot in a showdown , limits on bets and how many rounds of betting are allowed....
 player and business executive.

Business

Berman grew up in Minnesota and attended the University of Minnesota
University of Minnesota

The University of Minnesota, Twin Cities is a public university research university located in Minneapolis and St. Paul, Minnesota, Minnesota, United States....
 where he graduated in 1964 with a degree in business administration. He then went to work for his father's leather business, Berman Buckskin. When the business was sold to W. R. Grace in 1979, he stayed on as president
President

President is a title held by many leaders of organizations, company, trade unions, university, and country. Etymology, a "president" is one who Wiktionary:Preside, who sits in leadership ....
 and CEO
Chief executive officer

A chief executive officer or chief executive is typically the highest-ranking Corporate title or Administration in charge of total management of a corporation, company, non-profit organization, or government agency, reporting to the board of directors....
. The company was then later sold to the Melville Corporation where it became Wilsons Leather. From 1994 to 2000 he was the chairman and CEO of the Rainforest Cafe chain of restaurant and retail stores.

Berman also played an important role in gaming companies. In 1990 he was a co-founder of Grand Casinos Inc., a company that sought to create gambling establishments outside of Las Vegas
Las Vegas, Nevada

Las Vegas is the most populous city in the U.S. state of Nevada, the seat of Clark County, Nevada, and an internationally renowned major resort city for gambling, shopping, and entertainment....
 and Atlantic City
Atlantic City, New Jersey

Atlantic City is a City in Atlantic County, New Jersey, New Jersey, United States. Famous for its boardwalk, casino, sandy beaches, shopping centers, spectacular view of the Atlantic Ocean, and as the inspiration for the board game Monopoly , Atlantic City is a resort community located on Absecon Island on the coast of the Atlantic Ocean....
. Grand Casinos' Native American
Native Americans in the United States

Native Americans in the United States are the Indigenous peoples of the Americas from the regions of North America now encompassed by the continental United States United States, including parts of Alaska and the island state of Hawaii....
 casino holdings were spun off into a new company, Lakes Entertainment Inc., and Berman was named CEO. Additionally, Berman is the chairman of the board of the World Poker Tour
World Poker Tour

The World Poker Tour is a series of international poker tournaments featuring most of the world's professional players. It was started in the United States by attorney/television producer Steven Lipscomb, who now serves as CEO of WPT Enterprises , the firm that controls the World Poker Tour....
 and Pokertek
Pokertek

PokerTek , headquartered in Matthews, North Carolina , develops and markets the PokerPro electronic poker table and the Heads-Up Challenge video game, as well as related software applications....
.

He won the B'nai B'rith
B'nai B'rith

The Independent Order of B'nai B'rith is the oldest continually-operating Jewish service organization in the world. It was founded in New York City by Henry Jones and 11 others on October 13, 1843....
 Great American Traditions award in 1995 and the Gaming Executive of the Year award in 1996.

Poker

Berman has won 3 World Series of Poker
World Series of Poker

The World Series of Poker is the "the oldest, largest, most prestigious, and most media-hyped gaming competition in the world". It is held annually in Las Vegas, Nevada....
 (WSOP) bracelets.

Although he prefers high-stakes cash games, he has as of 2008 won over $2,400,000 in live poker tournaments. He was inducted into the Poker Hall of Fame
Poker Hall of Fame

The Poker Hall of Fame is a group of poker players who have played poker well against top competition for high stakes over a long period of time....
 in 2002.

In 2005 Lyle Berman competed in the National Heads Up Championship. He finished in fifth place losing to eventual champion Phil Hellmuth Jr
Phil Hellmuth

Phillip J. Hellmuth, Jr. is an United States professional poker player. He is best known for holding a record eleven World Series of Poker bracelets, for winning the Main Event of the 1989 World Series of Poker and for his "poker brat" personality....
.

According to the James McManus
James McManus

James "Jim" McManus is an United States poker player, teacher and writer living in Kenilworth, Illinois....
 book Positively Fifth Street, Berman has bankrolled T. J. Cloutier
T. J. Cloutier

Thomas James Cloutier is a professional poker player from Albany, California. He was inducted into the Poker Hall of Fame in 2006....
 in numerous poker tournament
Poker tournament

A poker tournament is a tournament in which the winners are decided by playing poker, usually a particular style of poker.Contrast this to a ring game, where the game is ongoing with no formal structure to determine a single winner in a certain length of time....
s, including the 2000 WSOP main event, where he finished 2nd.

Berman currently resides in Plymouth
Plymouth, Minnesota

Plymouth is the seventh largest city in the U.S. state of Minnesota. Located 15 miles northwest of downtown Minneapolis in Hennepin County, Minnesota, the city is the third largest suburb of Minneapolis-Saint Paul, which is the sixteenth largest metropolitan area in the United States, with about 3.2 million residents....
, Minnesota
Minnesota

Minnesota is a U.S. state in the Midwestern United States of the United States. The twelfth largest state by area in the U.S., it is the twenty-first most populous, with just over five million residents....
 and has 4 children.

World Series of Poker Bracelets


YearTournamentPrize
1989
1989 World Series of Poker

The 1989 World Series of Poker was held at Binion's Horseshoe. The 1989 Main Event was won by 24 year old Phil Hellmuth, defeating defending champion Johnny Chan , and also breaking the record for the youngest player to win the WSOP Main Event ....
$1,500 Limit
Betting (poker)

In the game of poker, the play largely centers around the act of gambling, and as such, a protocol has been developed to speed play, lessen confusion, and increase security while playing....
 Omaha		$108,600
1992
1992 World Series of Poker

The 1992 World Series of Poker was held at Binion's Horseshoe....
$2,500 No Limit
Betting (poker)

In the game of poker, the play largely centers around the act of gambling, and as such, a protocol has been developed to speed play, lessen confusion, and increase security while playing....
 Hold'em		$192,000
1994
1994 World Series of Poker

The 1994 World Series of Poker was held at Binion's Horseshoe....
$5,000 No Limit Deuce to Seven Draw
Draw (poker)

A poker player is drawing if he has a hand that is incomplete and needs further cards to become valuable. The hand itself is called a draw or drawing hand....
$128,250


Publications


Berman co-authored (ISBN 1-58042-176-8) with Marvin Karlins. The autobiography details Berman's life from his childhood to his life as an adult, covering his business ventures, his opinions on poker and Las Vegas
Las Vegas Strip

The Las Vegas Strip is an approximately 4 mile stretch of Las Vegas Boulevard in Clark County, Nevada, Nevada, United States. A small portion of The Strip lies in Las Vegas, Nevada, but most of it is in the unincorporated area areas of Paradise, Nevada and Winchester, Nevada....
, and his experiences with designing and developing the World Poker Tour into what it is today.

Note



External links