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IPN Badbeat jackpot over 1 million

Thursday, June 9, 2011 : ONLINE POKER BADBEAT JACKPOT REACHES A MILLION DOLLARS
 
GTech G2's International Poker Network is at record levels
 
The online poker Bad Beat Jackpot on GTechG2's Internaional Poker Network has hit record levels and is now approaching Euro 750,000 (over one million US dollars) the company announced this week.
 
To win the jackpot a player must be dealt a hand of Quad 10’s or higher and have it bested on one of the network's Bad Beat Jackpot tables.  The player who achieves this can look forward to a Euro 250,000 windfall.
 
Competitors on the same table s the bad beat player also benefit by over Euro16,000.
 
The current jackpot significantly exceeds the previous IPN record of Euro 600,000, a company spokesman revealed this week.
 
Top online poker operators on the IPN include VirginPoker.com, PokerHeaven.com, MermaidPoker.com and SportingBet.com.
 
GTechG2 recently announced a Euro 2 million investment into the IPN which will deliver bigger tournaments and promotions to players

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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