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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 :
HeyPoker Closing -
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Can Jack Lam Make Things Right in Philippines -
Lam will no doubt seriously consider the offer, having lost access to his Philippines businesses and with charges of attempted bribery and "economic sabotage" and an arrest warrant hanging over his head .
PPA Wants pre-emptive strike against RAWA -
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UK Wants Fixed Odds Betting Terminals Changes -
The group, titled FOBT All-Party Parliamentary Group plans to release its full report early in the new year, but for now has claimed that changes to FOBT regulations could help in reducing "associated crime" and problem gambling.
Sportech Wins 8 Year Old VAT case -
An eight-year long, GBP 97 million VAT repayment claim dispute between Sportech PLC and HM Revenue and Customs (HMRC) has come to an end with the Supreme Court refusing HMRC permission to appeal a previous Court of Appeal ruling.
2017 MPN Poker Tour -
Main Event packages, worth €1,500, are available online and players can qualify via any of the MPN participating card rooms through a variety of satellites, with buy-ins starting as low as €0.25. Each €1,500 package includes:
Realistic Games in deal with Kindred Group -
The UK-based online gambling games developer Realistic Games has signed a deal to supply its games to online operator Kindred Group, parent company of quality brands that include Unibet, Stan James and Maria Casino.
DFS banning bill Introduced in Illinois -
The legislative season in Illinois may be drawing to a close, but that hasn't stopped a new bid to ban daily fantasy sports from being assigned to the House Executive Committee; whether there is sufficient time to pass the bill is a matter for speculation.
Cambodia To More Closely Control Online Gambling -
Cambodia, where online #gambling is operated by licensed land casinos alone, and Cambodian punters are banned from participating, is to tighten monitoring, control and management of the activity by setting up a centralized server, a Ministry of the Economy official revealed this week in a media interview.
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