Friday September 30, 2016 at 3:55 pm
Breaking News
SCOOP

Did PokerStars just bail out the Global Poker League? The GPL got off to a fast start this year, but something strange happened over the summer when the GPL migrated to Las Vegas. The GPL were low on funds and had to borrow cash from deep-pocketed poker pros like Fedor Holz. The funds were paid back late (with interest) but the details sounded a bit shady. During the summer, the GPL canceled the finals at Wembley Stadium in London. Plus, they nixed an appearance at TwitchCon and insiders began to wonder if the GPL was imploding. The second half of the inaugural season kicked off this past week, but we got word this morning from a press release that PokerStars and Mediarex (the GPL's parent company) have entered a sponsorship deal. The details are still fuzzy, but safe to say that any cash flow problems have been nipped in the bud.

GPL Stars
Say hello to GPL's new sponsor: PokerStars!

The Global Poker League just got a new sponsor. Enter the red spade. Sugar Daddy PokerStars to the rescue once again. Yes, PokerStars announced today that they will be sponsoring the Global Poker League. Expect a big-ass red spade to appear on the “Cube” during any future live events. The latest news is a bit surprising because no one saw it coming, especially after the GPL kicked off the second half of its first season this week.

The GPL is the brain child of Alex Dreyfus. He's a visionary but he might have bit off too much than he could chew. The GPL's viewership was not exactly earth shattering during the first half of the season. The GPL garnered some attention this summer in Las Vegas when they introduced the CUBE for the first time. Actor Aaron Paul from Breaking Bad fame took on Fabrice Soulier in a heads-up match featuring the Paris Aviators against the L.A. Sunset. The Cube was definitely something different and it looked like the GPL was gaining steam. Then things got weird.

Over the summer, the GPL announced a few changes notable that they switched the location of their grand finale. It will no longer be in Wembley Stadium. The GPL also announced they were canceling its stint at TwitchCon. The reasons they gave were that many of their top pros wanted to go to Burning Man. Interesting excuse, but legit since many poker people have jumped on the Burning Man wagon. After all, it used to be a fringe event but now it just caters to the uber-wealthy looking to buy a fun time in the middle of the desert. Anyway, the GPL finals will not be at Wembley nor TwitchCon, but in Las Vegas instead.

Dreyfus explained that some of their ideas never came to fruition such as an online merchandise store and a fan interaction app that was almost like Daily Fantasy Sports version of GPL events.

Most recently, the GPL was involved in a mini-scandal involving the borrowing of boatloads of cash from poker pros. Fedor Holz was one of the few high-stakes sharks that were approached by GPL head Alex Dreyfus about a loan during the WSOP. Holz said that he gave US bucks in exchange for a bank transfer. However, the transfer never arrived in the time that was originally stated. Dreyfus apologized and paid up Holz and others in full plus interest. But it demonstrated that the GPL were having serious cash flow issues. Perhaps those were the real reasons for killing the Webley finale and the TwitchCon? That rampant speculation might have been confirmed with the latest news that PokerStars and GPL entered a sponsorship deal. Sounds like PokerStars just bailed out GPL to me.

So now what? There are plenty of GPL players who completely loathe the Red Spade. Sure, it's still the GPL and run by the GPL, but they can't bite the hand that feeds them, so who knows what kind of restrictions…if any…will be set forth for the rest of the season.

I just cut and paste the PR blast….

PokerStars Sponsors Global Poker League in Innovative Team Poker

GZIRA, Malta, September 30, 2016 - Mediarex Sports and Entertainment today announced that PokerStars have become lead sponsor for their Global Poker League (GPL)

PokerStars, the world's largest poker site, is the exclusive online poker sponsor of the Global Poker League, reinforcing Mediarex's aim, to help transition poker from just a player experience to a fan experience. One of the main ways the GPL is aiming to achieve this is through, their signature arena: “The Cube” which helps build excitement, suspense and enables on-site fans to see every angle of gameplay.

“The Global Poker League brings an innovative team-based twist to poker and we are happy to support Mediarex in their quest to bring poker to new audiences”, said Eric Hollreiser, PokerStars' Director of Corporate Communications.

PokerStars has previously supported GPL through the participation in the league of members of Team PokerStars Pros including Liv Boeree, Vanessa Selbst, Jason Mercier and ElkY.

The GPL kicks off again Tuesday, October 4 and the live stream can be viewed every Tuesday, Wednesday and Thursday on PokerStars TV: http://psta.rs/2d8vilP

GPL, CEO, Alex Dreyfus, said “We are optimistic about this partnership, having the support of PokerStars is a crucial step forward on the road to fully establishing the GPL as a real blueprint for poker entertainment in the future. PokerStars offers us a multitude of opportunities to grow our platform and continue developing our two-fold strategy of connecting the League to the poker community and genuinely connecting poker to the mainstream entertainment sector on a large scale.” Fans will also see the iconic PokerStars spade make its mark on The Cube.

PokerStars will be working with Mediarex Sports & Entertainment on a number of promotional initiatives designed to connect both existing and prospective poker fans to the GPL.

The GPL starts with 12 teams from across the globe consisting of a 72-strong roster of pros whose combined live tournament winnings exceed $400 million. The future is bright for team poker events with recent surveys indicated that 56% of poker fans would like to play in team tournaments and an additional 41% would be interested in being part of a GPL team.

Latest news
Thursday January 18, 2018 at 4:55 pm
LIVE
$1 million bad beat jackpot largest in U.S. history

Quad Queens vs. quad treys for $1 million. The largest bad beat jackpot in American casino history occurred Tuesday night at the Motor City Casino in Detroit, Michigan. The loser of the hand with quad treys and winner of the bad beat took home over $427K. The player with quad Queens earned nearly $213K. With only six playing at the time, the other four earned the table share worth nearly $107K each!

Wednesday January 17, 2018 at 3:41 pm
LIVE
Three Platinum Passes to PSPC up for grabs at the PokerStars London Festival

The PokerStars London Festival set a £500K Guarantee for the Main Event in their upcoming series, which starts next week on January 22 and runs thru January 28. Three Platinum Passes to the 2019 PokerStars Players No Limit Hold'em Championship (PSPC) will be awarded in London. The winners of the Main Event, London Cup, and High Roller will also walk away with a Platinum Pass prize package valued at $30K USD. In addition, PokerStars added four new dates to PokerStars Live events including the MEGASTACK London, MEGASTACK Sanremo, Manilla MEGASTACK, and the APPT Korea.

Sunday January 14, 2018 at 8:21 pm
LIVE
2018 PCA: Adrian Mateos final table chip leader; Watch live

Spanish pro Adrian Mateos and recent addition to Team Winamax started Day 5 of the PCA Main Event as the short stack with 16 players remaining. Mateos conjured up his short-stack-ninja skills and managed to advance to the unofficial final table. Late on Day 5, Mateos snagged the chip lead and he heads into the final table with the big stack. Also, still alive... Shawn 'buck21' Buchanan, Maria Lampropulos, Koray Aldemir, Daniel Coupal, and Christian Rudolph. Who is going to ship $1 million in the Bahamas?

Saturday January 13, 2018 at 5:32 pm
LIVE
2018 PCA: David Peters leads final 16

The PCA Main Event started with 582 entrants and after four days of action, they played down to the final 16 players. The Sweet 16! American pro David Peters leads the remaining field with a stack worth 3.1M. On Day 5, they will play down to an official final table. Can Peters stay on course en route to a million dollar payday? Maria Lampropulos bagged up the second-biggest stack with 2.3M. Also still left in the hunt... Adrian Mateos, Shawn Buchanan, and Koray Aldemir.

Friday January 12, 2018 at 4:57 pm
LIVE
2018 PCA: David Peters leads Main Event with 43 remaining

Sun. Sand. Cash. The poker action continued at the Atlantis Resort and Casino in the Bahamas. Only 43 players remain in the hunt for the 2018 PCA title and $1 million in cash. Karl Stark and David Peters both have big stacks in excess of 1.1M. Liv Boeree, Adrian Mateos, Jack Sinclair, Shawn Buchanan, and author Maria Konnikova are among those still alive. Meanwhile, Jason Koon binked the single-day $25K High Roller for a $420K score.

Thursday January 11, 2018 at 6:17 pm
LIVE
2018 PCA: Watch Day 3 of the Main Event with 101 players remaining

Day 2 of the 2018 PCA Main Event in the Bahamas ended with 101 players (out of 582). Those 101 are still in the hunt for the PCA title and $1 million in cash. Only the top 87 places paid out this year. The money bubble will burst early on Day 3. Oleg Titov from Russia bagged up nearly 500K in chips. Several notables still alive including former champ Harrison Gimbel and author Maria Konnikova.

Wednesday January 10, 2018 at 6:24 pm
Telex
Jason Mercier parts ways with PokerStars

American pro Jason Mercier will no longer be a sponsored pro for PokerStars. After 8.5 years as a Team Pro, Mercier decided to not renew his contract, which expired at the end of 2017. Mercier is a new father and he made the tough decision to stop traveling internationally to play tournaments, while focusing on his family instead. For more details, read Mercier's farewell post on PokerStars Blog. In addition to Vanessa Selbst's venture into hedge funds, Mercier is the second high-profile American pro who did not renew their sponsorships with PokerStars in 2018.

Monday January 8, 2018 at 4:48 pm
Breaking News
LIVE
2018 PCA: Ivan Luca and Daniel Negreanu lead Super High Roller final table

And then there were seven! The 2018 PCA Super High Roller had a $100K price tag and a total prize pool worth $4.7M. Only seven players are remaining at the final table. Ivan Luca from Argentina is the big stack with Justin Bonomo and Daniel Negreanu right behind in third overall. Also still alive: Bryn Kenney, Ike Haxton, Cary Katz, and Sam Greenwood. Lots of familiar faces, eh? First place pays out $1,492,340 and the runner up banks at least $1M.

Saturday January 6, 2018 at 7:37 pm
LIVE
The 2018 PCA Returns

Welcome back the PCA! The PokerStars Caribbean Adventure (PCA) returns to its old glory after one awkward year with that odd name change to PokerStars Championship Bahamas. See ya, PCB! And welcome back PCA! The PCA has become one of the most recognizable brands in poker and the 2018 PCA will be the biggest series ever assembled with 31 events including a 100K Super High Roller. Platinum Packages to the 2019 Players Championship are also up for grabs.

Saturday January 6, 2018 at 7:02 pm
FUN
Online Poker: 20 Years Later

January 1, 2018 marked the 20th anniversary of online poker when Planet Poker became the first virtual card room to host real money games. Planet Poker took their first steps into online poker approximately nine months before Rounders appeared in movie theaters. Talk about a blast from the past. Planet Poker is making me a feeling a little nostalgic for online poker via dial-up modems!

Wednesday January 3, 2018 at 5:58 pm
SCOOP
Vanessa Selbst retiring from professional poker

Another American pro is hanging it up in 2018. On New Year's Eve, Vanessa Selbst posted on Facebook her intentions to step away from the game on a professional level. Selbst took the poker world by storm when she was still a student at Yale law school. The 33-year old Selbst amassed $11.8 million in tournament winnings and won three WSOP bracelets. After 12 years in poker, Selbst will shift her focus to the financial world as a strategic analyst at a hedge fund.

Thursday December 28, 2017 at 12:05 am
FUN
Aaron Sorkin makes high-stakes directorial debut in Molly's Game

Award-winning writer Aaron Sorkin made his directorial debut with Molly's Game, which is the story of Molly Bloom (played by Jessica Chastain), the media-dubbed "poker princess" and poker host who ran high-stakes poker games in Hollywood and NYC. In real life, celebs like Tobey Maguire, Ben Affleck, and Leo DiCaprio were regulars in games that Molly ran in Los Angeles. Idris Elba played Bloom's lawyer tasked with keeping her out of prison. The buzz in the Hollywood press is that Jessica Chastain and Idris Elba are contenders for this upcoming Oscars race.

Monday December 25, 2017 at 3:42 pm
FUN
Merry Christmas, Happy New Year, and Happy Holidaze!

From all of us at Club Poker, here's to a happy and healthy holiday season. Merry Christmas, Happy belated Hanukkah, and Happy Kwanzaa. We hope you have a fantastic end to 2017. Best wishes to a healthy and flop-heavy 2018. And to our 420-friendly readers... blaze on and happy holidaze!

Monday December 25, 2017 at 3:20 pm
PokerStars Winter Series begins on Christmas

The Winter Series will run on PokerStars starting December 25 and running through January 7, 2018. The Winter Series offers four buy-in levels to fit everyone's bankroll needs with Micro levels up to $5.50 and High up to $5,200. There will be plenty of Hold'em, PLO, Turbos, Prog-KOs, and Zooms. Plus, much much more. Four Platinum Passes to the $25K PSPC will be awarded during the Winter Series, so here's your first online chance to win one! Also, PokerStars is hosting a year-end New Year's Eve Magic Freeroll, which starts on the morning of December 31st.

Thursday December 21, 2017 at 7:51 pm
PSPC: How to win the first 19 Platinum Passes

PokerStars announced two paths how you can win one of the first 19 Platinum Passes to the inaugural $25K buy-in PokerStars Players No Limit Hold'em Championship (PSPC) at the 2019 PCA in the Bahamas. Platinum Passes are valued at $30K. Players have 4 chances to win one online during the upcoming PokerStars Winter Series Main Event, which kicks off on Christmas. Players hunting for a free seat to the PSPC will also have a shot to win a Platinum Pass by playing in live events in Macau, Brazil, London, Ulster, Italy, and at the 2018 PCA.

Wednesday December 20, 2017 at 5:09 pm
Telex
Fedor Holz invests in eSports team

Will Fedor Holz conquer eSports next? The German wunderkind banked $26.7 million in tournament earnings in a small window of time (including over $16M in one year). Holz recently stepped away from full-time grinding to pursue other business ventures, but even playing part-time, Holz won over $6M in events this year. Word is out on the street that Holz invested an undisclosed amount into an eSports company that is the parent company of Team Envy and the Dallas Fuel. For more details, read the ESPN UK article.

Sunday December 17, 2017 at 11:30 pm
HOT !
PokerStars Championship Prague: France's Kalidou Sow leads Main Event final table

The PokerStars Championship Prague Main Event final table is down to six players at the Casino Atrium Prague at the Hilton. Kalidou Sow from France is the chip leader heading into the final day, but American Jason Wheeler is right behind him. Michal Mrakes, Gabriele Lepore, Colin Robinson, Harry Lodge rounded out the final table. First place pays out €775,000. Who will win the last major tournament in 2017? Final table resumes Monday afternoon.

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