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30 Players Already Committed To WSOP One Million Buy In

04/12/2012 : THIRTY PLAYERS NOW COMMITTED TO MILLION DOLLAR POKER CHALLENGE (Update)
 
World Series of Poker Big One for One Drop will have a main prize of $12.3 million
 
Guy Laliberte's One Drop charity, which provides water resources to third world impoverished communities, should do rather well out of the World Series of Poker's million dollar buy-in Big One for One Drop tournament on July 1st in Las Vegas; WSOP officials announced Thursday that 30 players had committed themselves to the tournament and the massive, world record buy-in.
 
The prizepool generated will deliver a first prize of $12.3 million as things stand now, and there is the possibility that other professional players and wealthy business people with a penchant for high stakes poker will join the party.
 
The main prize will eclipse even the record $12 million won by Jamie Gold in the WSOP main event back in 2006, when he bested over 8,700 players in the $10,000 buy-in spectacular.
 
The Big One for One Drop final table will air live on ESPN, series spokesman Seth Palansky told the Associated Press news agency Thursday. The winner will also earn a specially designed platinum bracelet.
 
Eight-time gold bracelet winner Erik Seidel has joined the field, along with the chief executives of a private college lender and a stock trading firm, the news agency reports. The rest of the field is a mix of around 10 high stakes professionals; many of them globally respected names, and wealthy business people.
 
Among the commitments so far received are Johnny Chan, Tom Dwan and Daniel Negreanu, who will be up against billionaires like casino owner Phil Ruffin, and tournament organiser and Cirque du Soleil founder Guy Laliberte.
 
The entry field is capped at 48 players, and if the field reaches that size the main prize will be worth $18.3 million.
 
The 30 confirmed players have already put up their buy-ins, and series officials expect to reach a cap of 48 entries. With that many players, the top prize would be $18.3 million.
 
The $1 million buy-in includes a roughly 11 percent cut for the One Drop charity but doesn't include the normal fees charged by the series for holding the tournament.

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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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