The World Poker Enterprise announced that it will run Professional Poker Tour (PPT) on the 9th of November at the Foxwoods Resort Casino. Champions from tournaments including the World Poker Tour, the World Series of Poker and European Poker competition are expected to take part in the event. But the full list of around 200 eligible players has not been disclosed yet, reported Onlinecasinonews.com.
The shortcoming professional poker tour is similar to the popular World Poker Tour (WPT) but has slight differences. The current WPT is open to anyone who wishes to buy-in or who has won a seat in a satellite tournament, regardless of past performance or skill level. Unlike the WPT, participation in the PPT is limited to professional players who meet eligibility requirements based on success in previous tournament play. The criteria for eligibility includes: having won or reaching a final table at APT event or championship; by ranking in the top ten point leader table in the WPT Player-of-the-Year rankings; by becoming a member of the Poker hall of Fame; securing a spot on either CardPlayer Magazine’s Card Player of the Year Top 10 list, or Poker Europa’s Top 10; or by winning or placing highly in the US$10,000 buy in event at the World Series of Poker.
“This qualifying process ensures that the television audience will have a chance to consistently see the most exciting, skilled poker played by the sport’s All-Stars. The PPT will be a league of poker Titans”, commented on the rules President of WPT Enterprises, Steve Lipscomb. This year’s event will feature five US$500,000 free-roll tournaments. After Foxwoods, the tour will move to Bellagio in Las Vegas, the Goldstrike Casino in Tunica, and Commerce Casino in California and will reach its final destination at The Mirage in Las Vegas. Some TV companies have already announced that they will broadcast the tour. The Travel Channel said that it would cover the competition for US viewers on Wednesdays at 9pm.
Online betting company Paddy Power, based in the United Kingdom, announced a plan to launch a new gambling service – online poker. The company’s decision fits in with its overall strategy of tapping into other internet gambling activities.
According to the Irish newspaper Sunday Business Post, quoting Casinocitytimes.com, such an expansion has proved to be increasingly profitable for Paddy Power.
An online poker facility, which would match up players with other users online in a real live game, is expected to be available by the end of the year or early in 2005. The new poker option is aimed at generating revenues in Paddy Power’s online division, which is already exceeding targets.
Paddy Power, Ireland’s biggest bookmaker, has recently announced a 36% increase in turnover for 2003 with rapid growth across all its product lines. A particularly distinctive feature of betting with Paddy Power is special wagering opportunities or novelties, where punters may bet on new baby Beckhams’ names or whether it will be a white Christmas or not this year, etc.