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PartyPoker and WPT guarantee six and seven-figure prize pools
Tuesday February 18 ,2014 : BWIN.PARTY COMPANIES LAYING DOWN SERIOUS POKER MONEY
PartyPoker and WPT guarantee six and seven-figure prize pools.
Bwin.Party subsidiaries PartyPoker and World Poker Tour, along with their online partners, are laying out big money to create exciting live poker tournament prize pools that will appeal to a wide range of players.
PartyPokers Pokerfest has seen an investment of a million dollars in guaranteeing a tasty prize pool in the 67 event fest, which is currently spawning $1 and $5 buy-in qualifying satellites for a main event that carries a guaranteed $300,000 prize pool.
Pokerfest runs for 15 days between March 2 – 16 featuring Hold’em, Omaha, bounty tournaments, rebuys and turbos.
Over in the States, Nj.partypoker.com will double-up the state’s biggest weekly online poker tournament by guaranteeing a $100,000 prize pool on March 2. The $200 buy-in tournament starts at 5pm every Sunday, typically with a $50,000 guarantee that will be doubled for the day.
On the World Poker Tour front, a Euro 250,000 guarantee has been invested for the pmu.fr WPT National Paris tournament, for which qualifiers just started on PartyPoker.fr and will run until 6th April. The buy-in for the first stop of the pmu.fr WPT National Tour in France which takes place between April 17 -20 at Cercle Clichy Montmartre has been reduced to Euro 1200.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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