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
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.

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