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PartyPoker Launches Sit N Go Hero
Sunday, April 3, 2016 : PARTYPOKER LAUNCHES SIT & GO HERO
New Jersey websites offers lottery-style games.
GVC Holdings' PartyPoker operation in New Jersey has announced the launch of a new product branded Sit & Go Hero, which uses a lottery-style format for S&G competitions.
A statement from PartyPoker this week explained that the company planned to put a new twist on the traditional S&G jackpot format in order to develop a unique new product with player appeal.
The result is a four-handed sit-and-go product with five different buy-in levels set at $1, $3, $5, $10, and $20, and claims that $50,000 bounties are plentiful and jackpot winnings can be as high as 10,000 times the buy-in.
The majority of the tournaments are winner-takes-all competitions where the winner takes home three-quarters of the available prize pool and the remaining quarter goes into the bounty chest.
However, where the multiplier reaches levels between 50 and 1,000 times the buy-in, the second and third players walk away with a share of the prize pool. And when the multiplier hits the 10,000 times level, second, third, and fourth placed players will each receive 15 percent of the prize pool.
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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