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Global Poker Index Raises 4.9 Million $
Tuesday July 14,2015 : GLOBAL POKER INDEX PARENT RAISES $4.9 MILLION
Mediarex hopes to build poker into an e-sport.
Poker entrepreneur and Global Poker Index founder Alex Dreyfus, who is also CEO of parent company Mediarex Sports & Entertainment, has announced that MSE has just raised $4.9 million in Series A funding from private investors.
The London-based Global Poker Index is a ranking authority for 450,000 professional poker players, and wants to aggregate the fragmented global audience for poker into a single professional league with a series of poker teams.
With more than 100 million poker players around the world, and working through GPI, Mediarex hopes to build poker into an internationally recognised e-sport.
The company announcement revealed that MSE has "...secured $4.9 million in Series A funding from a round of private investors including a first-tier private equity fund in Beijing, and angel investors from telecom, sports marketing, and financial sectors in Asia and Europe in its bid to Sportify Poker."
It added: "The investment will enable MSE to lay down the framework to develop the sport of poker by aggregating the game's currently fragmented audience which includes more than 100 million people around the world."
VentureBeat reports that the list of investors who have participated in the funding round includes individuals like Hong Kong businessman and poker player Dr. Stanley Choi, D.E. Shaw Group China CEO Donald Tang, France's telecom tycoon and co-owner of LeMonde Xavier Niel, and Chief Commercial Officer at Perform Group, John Gleasure.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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