Monday November 14, 2016 at 7:44 pm
Breaking News
SCOOP

Baazzov back in play? After the William Hill/PokerStars buy-out talks fell apart, David Baazov threw his hat back in the ring once again. On Monday, the ex-CEO of Amaya offered to buy PokerStars for $6.7 billion or roughly $17.71 USD per share (or $24 Canadian Dollars). The ball is currently in Amaya's court.

Baazov Bid 2
Ex-CEO of Amaya David Baazov offers to buy PokerStars

If you look up the word persistent in the dictionary, you might see a photo of David Baazov. The big news in the online gaming world on Monday was the big story that David Baazov made an offer to buy PokerStars for $6.7 billion. This offer comes a couple of weeks after a potential deal with British bookmaker William Hill fell apart. There were rumors that another online gaming company was interested in acquiring PokerStars, but a legit offer never came to fruition.

According to an article in Forbes, "Baazov made a bid to buy Amaya that values the company at $6.7 billion, saying the offer was fully financed, and not subject to financial conditions or due diligence. Baazov offered to pay $24 Canadian dollars per common share (around $17.71 U.S.) and put up $200 million that Amaya needs in February to make a $400 million scheduled payment to the previous owners of PokerStars, mostly billionaire Mark Scheinberg."

Reuters reported, "Baazov, who already owns about 17.2 percent of Amaya, including options, said he made the offer on behalf of a to-be-formed entity led by him. The offer including debt and transaction costs is valued at $6.7 billion, Amaya said in a regulatory filing. The equity portion of the deal would be $4.1 billion and will be mostly financed by four funds, which have committed $3.65 billion and Baazov's shares."

Baazov made a name for himself early in his career for his ability to cull together funding for massive deals. His under-the-radar company based out of Montreal sort of came out of nowhere in 2014 when he ponied up the money to buy PokerStars (and FullTilt) for nearly $5 billion. To pull off the sale, Baazov put together some fat financing backed by numerous Wall Street banks and hedge funds including the prestigious Blackstone Group.

The transaction went through without any problems, but Montreal's version of the Securities and Exchange (SEC) called the Autorité de Marchés Financiers flagged some investors in Amaya stock. The regulators in Quebec charged Baazov with insider trading. Baazov denied any wrong doing but was forced out, although the official story said he was on an "indefinite paid leave of absence." Amid the insider-trading scandal, Amaya's stock tanked and dropped almost 40%.

On the other side of the virtual felt, the players were feeling the corporate crunch. A small group of pros who had earned Supernova Elite status launched a boycott after PokerStars amended their player loyalty programs. Amaya instituted a series of unpopular changes that was supposed to maintain the health of the overall poker ecosystem. The suits had no qualms about alienating some of their top players because they saw the financial benefit over the long haul. The family-run vibe of PokerStars went out the front door as corporate overlords took over and tried to squeeze every cent out of PokerStars and its verticals. Online poker numbers have been steady, but nothing compared to the increases in casino gaming, which is why the casino and sportsbetting side of their operations have been getting extra special attention.

In the second half of 2016, Amaya felt like a despertae father trying to marry off his eldest daughter. Amaya had been welcoming suitors and ironically Baazov was one of the first in line to buy back the company with his own money. William Hill showed some moderate interest, but in October one of the main investors in the British bookmaker balked at acquiring PokerStars. GVC Holdings, the owner of bwin, also showed some buyout interest but the discussions never evolved into anything of substance.

Enter Baazov on stage left. Take two! Baazov was aware that Amaya has a looming $400 million payment to Mark Scheinberg, one of the original owners of PokerStars in early 2017. To sweeten the deal, Baazov offered to pay $200 million of that obligation. Baazov said he'd put up the stake he already owns and has the financing in place to complete the transaction. So now it comes down to this... does Amaya have anyone else they can sell the company to? And if not, will they hold off for a suitor down the road, or will they finally give in and sell PokerStars to Baazov? Stay tuned.

Latest news
Tuesday April 24, 2018 at 3:14 pm
HOT !
Daenarys T wins Sunday Million Take 2 for $1 million

An online player from the Netherlands and Game of Thrones fan outlasted 56,310 players to win the Sunday Million 12th Anniversary: Take 2. Yes, ship it to the Mother of Dragons. Daenarys T earned a first-place payday worth $1 million for two days of work. Daenarys T defeated the U.K.'s ThEcLaiMEer heads-up for the victory. ThEcLaiMEer banked $715K for second-place. No overlay this time around. The Take 2 had a $10 million guarantee, which did not kick in because the total prize pool topped $11.2 million.

Monday April 23, 2018 at 4:31 pm
Johnny Chan documentary film

PokerCentral produced a mini-documentary on the legendary Johnny Chan. Hear the 10-time WSOP bracelet winner give the Cliff Notes behind his storied life from working in his family's restaurant in Houston to his entry into the world of high-stakes poker. Chan won the WSOP Main Event twice and was the last person to win it in consecutive years (1987-88).

Sunday April 22, 2018 at 5:08 pm
Telex
Sunday Million pays $1 million to first place tonight

Reminder and potential overlay alert! Cards go in the air at 14:00 ET for the Sunday Million 12th Anniversary: Take 2. First place pays $1 million with a total guaranteed prize pool worth $10 million. Platinum Passes are up for grabs too! When PokerStars ran this original 12th birthday promotion in February, the guarantee kicked in with a $1.2M overlay. Will there be another seven-figure overlay for the Take 2? The buy-in for the Sunday Milly is $215. You can re-entry up to three times and late registration lasts 4.5 hours.

Friday April 20, 2018 at 6:59 pm
Breaking News
HOT !
partypoker POWERFEST schedule released

The second edition of partypoker's POWERFEST kicks off on May 6 and runs for two weeks through May 20. The schedule has been released. POWERFEST features 366 events with $40,000,000 in guaranteed prize pools. At least 13 events will have a guarantee worth $1 million, while the $25,500 Super High Roller boasts a $5M guarantee. POWERFEST events have four different buy-in levels: MICRO, LOW, MEDIUM, and HIGH. Satellites are running now at partypoker for as little as $1.10.

Friday April 20, 2018 at 6:14 pm
HOT !
Reminder! Sunday Million 12th Anniversary: Take 2

In February, the Sunday Million 12th Anniversary on PokerStars missed its $10 million guarantee. The overlay was a juicy $1.2 million, with first-place banking a cool million. PokerStars will run a similar promotion for the Sunday Million on Sunday, April 22 at 14:00. The Sunday Million 12th Anniversary: Take 2 will have a $10M guaranteed prize pool, including a first-place price worth $1 million. To sweeten the reprise of the 12th anniversary, PokerStars added Platinum Passes to the mix. Participants will have multiple shots at winning a package to the $25K PSPC at the 2019 PCA.

Thursday April 19, 2018 at 3:05 am
Brandon Adams ships SHR $25K HR

Chalk up another win for Brandon Adams. The Seminole Hard Rock Casino hosted their Poker Showdown series. Brandon Adams won the $25K High Roller event for a $370,000 score. Adams finished in third place in the same $25K event last year and he got his revenge by winning it all this year. Adams banked approximately $1.2M since he won an event at the Poker Masters last autumn.

Tuesday April 17, 2018 at 10:42 pm
Shared player pool starting May 1 at WSOP.com

Big day for online poker players in the USA. A shared player pool between Nevada, New Jersey, and Delaware arrives on May 1, 2018. Caesars Interactive Entertainment, which owns the WSOP.com, will be the first site to open doors to the three-state pool. The three states only represent 13 million people, but it's the first step in a long road to get online poker back to its heyday in the pre-Black Friday era.

Monday April 16, 2018 at 4:47 pm
Breaking News
HOT !
ElkY signs with partypoker

Bertrand Grospellier, otherwise known as "ElkY", signed with partypoker last week. The addition of Triple Crown winner ElkY as an ambassador is another bold marketing move by partypoker, who have been bolstering their roster of sponsored players over the last 18 months. ElkY will be an ambassador for partypoker.eu, which will launch later this month and become the virtual poker home for players in France and Spain.

Monday April 16, 2018 at 1:04 am
LIVE
Pascal Lefrancois wins partypoker LIVE Millions Barcelona for €1.7 million

It wasn't an ordinary Sunday in Barcelona with millions in Euros on the line for eight hopefuls. The 2018 partypoker LIVE Millions Barcelona Main Event was awarding at least three payouts worth seven-figures. The 10,300 buy-in affair attracted 1,175 players. The total prize pool nearly passed €11.4 million. Canadian pro Pascal Lefrancois defeated Adam Owen heads-up to win the title and €1.7 million. Owen banked €1.3 million as the consolation prize.

Sunday April 15, 2018 at 8:51 pm
Telex
Watch live stream - partypoker LIVE Millions Barcelona final table

The partypoker LIVE Millions Main Event in Barcelona, Spain attracted 1,175 runners and the action is down to its final table. The final eight included Dominik Nitsche, Stevie Chidwick, Adam Owen, Pascal Lefrancois, Davidi Kitai, Diogo Veiga, Thomas Boivin and Jan-Eric Schwippert. Canada's Pascal Lefrancois is the chip leader. Who is going to win the first-place prize worth €1.7 million? Watch the final table stream here.

Thursday April 12, 2018 at 4:41 pm
Jake Schindler, Davidi Kitai, and Sam Greenwood win high rollers in Barcelona

Barcelona has been the hotspot of poker for the last week or so. partypoker LIVE hosted three high roller events at their MILLIONS Grand Final Barcelona. Over the weekend, Belgian pro Davidi Kitai shipped the €25K High Roller for €700,000. Canada's Sam Greenwood won the €50K for a cool million. And yesterday, American pro Jake Schindler sniffed out Stevie Chidwick's bluff to win the €100K Super High Roller for a score worth €1,750,000. Schindler is now closing in on $18 million in career tournament earnings.

Wednesday April 11, 2018 at 4:02 pm
Telex
Watch final table for partypoker LIVE €100K Super High Roller in Barcelona

The €100,000 buy-in SHR in Barcelona attracted 48 runners and a pool in excess of €4.6 million. Going into today ten remained and Jake Schindler held the lead. Also advancing to day two Erik Seidel, Brynn Kenney, Keith Tilston, Jason Koon, Stevie Chidwick, Koray Aldemir, Steffen Sontheimer, Dominik Nitsche, Jean-Noel Thorel, Mikita Badziakouski. Only top six get paid. First pays out €1,750,000. Watch the live stream here.

Tuesday April 10, 2018 at 5:11 pm
LIVE
partypoker LIVE announces MILLIONS World $25K SHR for Caribbean Poker Party

The Caribbean is always a festive atmosphere, but there's $10 million more reasons to take a holiday down to the Islands. partypoker LIVE announced a special MILLIONS World super high roller event to take place in November 2018 at this year's Caribbean Poker Party (CPP) at Baha Mar in the Bahamas. The $25K SHR will have a $10 million guarantee. partypoker will be giving away at least 100 seats online. Prize packages will be worth $32,500 and satellites will cost as little as $22.

Monday April 9, 2018 at 4:50 pm
Gus Hansen ships $270K pot with a Royal Flush

Gus Hansen appeared on Joey Ingram's Poker Life podcast last week. The Great Dane gave a frank and candid interview about being Gus Hansen and playing in the high-stakes world. The next day, Ingram railed Hansen playing high-stakes PLO on partypoker with Sam Trickett and Leon Tsoukernik. Hansen shipped a pot worth $270K with a Royal Flush against Leon.

Thursday April 5, 2018 at 4:24 pm
SCOOP
Women Poker Hall of Fame nominations announced

Eleven women were nominated this year for induction into the Women Poker Hall of Fame. The nominees include Shirley Rosario, Jennifer Tilly, Kara Scott, Maria Ho, Haley Hintze, Angelica Hael, Terry King, Karina Jett, Lupe Soto, Hermance Blum, and Mandy Glogow. The current Women Poker Hall of Fame has 19 members.

Monday April 2, 2018 at 7:15 pm
Telex
Jamie Staples weighs in on the weigh in

Jamie Staples posted a video discussing his Ultimate Sweat victory. Jamie and his brother Matt won $150,000 from Bill Perkins for weighing in within a pound of each other during an epic weight loss/gain prop bet. After dedicating a year of his life to getting into shape, Jamie is moving on and focusing on poker. Watch his updated video here.

Thursday March 29, 2018 at 4:06 pm
Fedor Holz and Dominik Nitsche interviews

Here come the Germans! Joe Ingram interviewed two of the top tournament players in the world for his Poker Life Podcast. Dominik Nitsche appeared on Tuesday, while Fedor Holz joined Ingram yesterday. The two German shared their thoughts on all things poker including delusional tournament players, lazy strategy, and playing big cash games in Macau.

Free tournaments and added prizes

The Club Poker organizes freerolls and special tournaments with added prizes.
To qualify for free, register on our poker partners websites:

Tournaments Club Poker
$2.20
Height of the 8's
Tuesday May 1, 2018 at 8:00 pm
$100 guaranteed
$2.20
Height of the 8's
Tuesday May 8, 2018 at 8:00 pm
$100 guaranteed
$2.20
Height of the 8's
Tuesday May 15, 2018 at 8:00 pm
$100 guaranteed
$2.20
Height of the 8's
Tuesday May 22, 2018 at 8:00 pm
$100 guaranteed
$2.20
Height of the 8's
Tuesday May 29, 2018 at 8:00 pm
$100 guaranteed