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POKERGO® UNVEILS GROUNDBREAKING PROFESSIONAL POKER TOUR AND RANKING SYSTEM WITH POKERGO TOUR™

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  • Trailblazing PokerGO Tour Will Determine the Most Elite Players Across the Globe Based on Performances at Over 150 Qualifying Events, 
  • With Tens of Millions of Dollars at Stake Throughout the Year
  • Top Performer in the PokerGO Tour Will Be Awarded $100,000 and Named the Player of the Year (POY), Incorporating Results From PokerGO®’s Esteemed Portfolio of High Stakes Events, Including the Poker Masters, U.S. Poker Open, Super High Roller Bowl and More

The first ever global professional poker ranking system, the PokerGO Tour will mark the first time an official tour and ranking system of this magnitude has been seen in the poker industry, which will separate and celebrate the most elite professional poker players in a similar fashion to the ranking systems of the world’s most renowned professional sports.

Throughout the year, players will earn points on every in-the-money finish at each PokerGO Tour Rankings showcase who holds the top spot in the world of high stakes poker players.

“The sport of poker is hundreds of years old and until now, there has not been a globally recognized tour and ranking system that establishes and celebrates the most elite players across the globe, so we started something we hope will evolve and grow,” said Mori Eskandani, President of PokerGO®. “The PokerGO Tour events will include the world’s most challenging high stakes events in the world, bringing poker front and center in the world of sports in a way that has never been done before.”

The PokerGO Tour will kick off with the 2021 U.S. Poker Open on June 3rd, 2021, at the PokerGO Studio in Las Vegas. The U.S. Poker Open will take place from June 3rd – June 14th and is one of PokerGO®’s elite tournament series with twelve unique events where poker’s best players battle it out to bring home the inaugural Eagle Trophy.

Other qualifying events in the PokerGO Tour originating from PokerGO®’s esteemed portfolio of events include:

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  • PokerGO® Cup – a brand new major featuring eight events of various formats including a $100,000 NLH Main Event, which will take place from July 1st – July 10th, taking July 4th off.
  • PokerGO® Heads-Up Championship – another new major slated for July 12th with a $3.2 million dollar prize pool. In the PokerGO® Heads-Up Championship, 32 poker professionals will battle in a bracket-style format.
  • Poker Masters – a twelve event tournament series from September 13th – September 24th that challenges the world’s best all-around players, giving them the opportunity to take home a coveted purple jacket.
  • Super High Roller Bowl (SHRB) – a 3-day tournament with a $300K buy-in staring on September 26th that will bring out the world’s best poker players competing for millions of dollars as well as the SHRB ring.

The point system for the PokerGO Tour is as follows:

 

Cash 10K+ 25K+ 100K+
5,000,000 1,500 1,000 700
4,000,000 1,400 900 600
3,000,000 1,300 800 500
2,000,000 1,200 700 400
1,000,000 1,000 600 300
900,000 900 540 270
800,000 800 480 240
700,000 700 420 210
600,000 600 360 180
500,000 500 300 150
400,000 400 240 120
300,000 300 180 90
200,000 200 120 60
100,000 100 60 30
50,000 50 30
25,000 25 15
10,000 10  

*The cash column is defaulted to the same major currency used for the buy-in (AUD, EUR, GBP, USD), HKD events will be divided by 10.

The PokerGO Tour will calculate all cashes $1M or less using three percentages based on buy-in amounts – .0010 for $10K to $24K events, .0006 for $25K to $99K events and .0003 for $100K+ events. Cashes over $1M default percentages to the higher cash, if a player cashes for $1.5M in a $10K event, points are determined using the $2M percentage.

 

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BetConstruct

BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity

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BetConstruct, a global pioneer in iGaming and sports betting solutions, has announced a significant milestone in the gaming industry. Through its affiliate entity, BetConstruct has become the first iGaming company authorized to facilitate the issuance of both Business-to-Business (B2B) and Business-to-Consumer (B2C) licenses. This remarkable achievement was made possible by obtaining a direct license authorization from the Tobique First Nation in Canada.

The Tobique First Nation, renowned for its innovative and forward-thinking regulatory approach, has entrusted BetConstruct’s affiliate entity with the authority to oversee applications and facilitate the issuance of licenses from its jurisdiction. This partnership underscores shared values of innovation, transparency, and a commitment to responsible gaming practices.

This historic development places BetConstruct at the forefront of the Canadian iGaming market, redefining the opportunities available to gaming operators. By leveraging its affiliate entity’s licensing capabilities, BetConstruct empowers businesses to navigate a streamlined and transparent regulatory environment, unlocking new opportunities for growth and innovation.

“At BetConstruct, we’ve always strived to push the boundaries of what’s possible in iGaming. This landmark achievement with the Tobique First Nation reflects our unwavering dedication to creating opportunities for our partners while upholding the highest standards of responsibility and integrity in gaming,” said Vigen Badalyan, Co-Founder of BetConstruct.

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The issuance of dual licenses under the watchful eye of BetConstruct’s affiliate not only highlights BetConstruct’s commitment to supporting its partners but also reinforces the company’s role as a trusted leader in the global iGaming landscape.

This milestone signals a new era for regulated iGaming, as BetConstruct takes bold steps to establish a robust ecosystem for operators and consumers alike. With its direct license authorization from the Tobique First Nation, BetConstruct is setting a new standard for innovation, consumer protection, and sustainable growth in Canada and beyond.

The post BetConstruct Becomes the First iGaming Company to Offer Both B2B and B2C Licenses in Canada through Affiliate Entity appeared first on Gaming and Gambling Industry in the Americas.

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Canada

Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria

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Great Canadian Entertainment and Petroglyph Development Group Ltd. announced that PDG has closed the previously announced acquisitions of Casino Nanaimo and Elements Casino Victoria from Great Canadian, in historic transactions for both parties. PDG is a wholly owned corporation of Snuneymuxw First Nation (the “Nation”) and is dedicated to realizing the economic potential of the Nation.

The transactions, originally announced on June 24, 2024, for Casino Nanaimo and September 10, 2024, for Elements Casino Victoria, have received all required approvals from the regulatory authorities.

“We are thrilled to have completed these transactions. An incredible amount of work has been undertaken by our corporate team, our on-site teams at both properties, and PDG to achieve this successful closing. I am grateful for their efforts, as well as everyone at the B.C. Lottery Corporation and the Gaming Policy Enforcement Branch, who were thoughtful, diligent, and thorough in facilitating these closings,” said Matt Anfinson, Chief Executive Officer of Great Canadian.

“We look forward to working closely with PDG during the transition period to support the continued successful operation of Casino Nanaimo and Elements Casino Victoria,” Anfinson added.

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“We celebrate the closing of our two casino acquisitions and our continued progress toward building a strong Snuneymuxw economy. For decades, Snuneymuxw leadership has worked tirelessly toward this moment, recognizing the connection between a strong economy, self-determination, and the foundation of nationhood. Today, we honour the achievements of those who came before us by securing businesses that will strengthen our Nation for generations to come. Thank you to the PDG and Great Canadian teams for your exceptional work. We look forward to a rewarding partnership with the B.C. Lottery Corporation, driving economic growth for the Nation and Province,” said Chief Mike Wyse.

Erralyn Joseph, President of PDG, said: “This measured acquisition marks an important milestone for PDG as we continue growing a corporate enterprise that reinvests directly into the prosperity of our Nation. With a strong operating plan focused on risk mitigation and yielding sizable returns, PDG continues to generate sustainable wealth for Snuneymuxw. With every step we are realizing our socio-economic potential and influence at a local, national, and global level. On behalf of the Board of Directors, we are pleased to share this news and remain committed to advancing economic growth in support of all residents connected to Snuneymuxw territory.”

“Acquiring these assets marks a pivotal shift for Snuneymuxw and Vancouver Island. This transition will fuel the Island’s economy, strengthening the Snuneymuxw Nation and ensuring the benefits stay local,” said Ian Simpson, Chief Executive Officer of PDG.

The post Great Canadian Entertainment and Petroglyph Development Group Announce Closing of the Acquisition of Casino Nanaimo and Elements Casino Victoria appeared first on Gaming and Gambling Industry in the Americas.

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Canada

Ottawa Black Bears Announce Partnership Deal with PowerPlay

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The Ottawa Black Bears announced an extensive partnership agreement with PowerPlay Online Sportsbook and Casino that will see the company’s logo featured on the club’s home and away jerseys.

In addition to the jersey partnership, PowerPlay will also have branding elements inside the goal crease, behind the bench, on the LED display ring, and along the rinkboards for Black Bears home games at Canadian Tire Centre. As part of the deal, PowerPlay also becomes the exclusive sportsbook and online casino partner for the Ottawa Black Bears.

“We are thrilled to have PowerPlay on board for our inaugural season with such a comprehensive partnership agreement. Their investment with the Black Bears represents a foundational agreement for our lacrosse club. And we’re proud to wear their logo alongside ours as we launch our franchise,” said Chelsea McDermott, Vice President of Business Operations for the Ottawa Black Bears.

“We are excited to bring PowerPlay’s bold, community-driven spirit to Ottawa-Gatineau, partnering with the Black Bears as they establish themselves as a force in lacrosse. This partnership celebrates a sport deeply tied to Canada’s heritage and competitive energy. Together, we’ll ignite passion, energize fans, and deliver excitement all season long,” said Thomas Vermeulen, Marketing Director for PowerPlay.

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The post Ottawa Black Bears Announce Partnership Deal with PowerPlay appeared first on Gaming and Gambling Industry in the Americas.

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