The tournament carried a total prize purse of £126,400 (approx US$250,000). Due to the time difference between the UK and US, the matches were played in the morning local time – which is prime-time evening in the UK where the tournament was broadcast live on Sky Sports.
Initially Fox Sports World transmitted the tournament live but in recent years they broadcast recorded coverage in the United States. Partypoker.net became the first sponsors of the event in 2006.
The format of the Classic changed over the years. In 2002, the tournament had a sets format with best of 7 legs per set. In 2003, the tournament had a legs only format throughout with a round robin group stage of 8 groups with 3 players each, before it became straight knockout from the quarter-finals onwards. In 2004 and 2005, the tournament reverted to straight knockout with a sets format with best of 5 legs per set throughout. In 2006, the tournament had a legs only format in the Last 32, before reverting to a sets format with best of 5 legs per set for the Last 16, Quarter-finals, Semi-finals and the Final. From 2007 to 2009, the tournament remained straight knockout but moved back to a legs only format throughout.
The Las Vegas Desert Classic tournament was retired in 2010 and a new tournament held in Las Vegas, the Tropicana World Series, has been put in its place. However, the tournament is not televised.