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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:

  • 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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Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives

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Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.

The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.

Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.

The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.

Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.

The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.

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Alex Malchenko

Evoplay Strengthens Canadian Presence with BetMGM Partnership

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Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.

The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:

• Hot Triple Sevens

• Hot Volcano

• Gold of Sirens Bonus Buy

• Inner Fire Bonus Buy.

These are games that have already demonstrated strong results across multiple regulated markets.

This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.

Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.

Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”

The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.

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Bet Rite

Spintec Expands into Canada with Bet Rite

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Spintec is expanding its footprint in North America by partnering with Bet Rite in the Canadian gambling sector. As a prominent developer of electronic table games, Spintec invested significant effort into locating a partner who comprehends the distinctiveness of the Canadian casino industry. Bet Rite is taking on the position of Spintec’s distributor in Canada, leveraging its established reputation and substantial industry knowledge. This collaboration combines global innovation with local expertise in a partnership that is helping Spintec advance its expansion objectives in North America.

Bet Rite’s establishment is rooted in years of industry expertise. The firm focuses on providing top-notch gaming solutions designed specifically for Canadian operators. They aim to provide a sole vendor connection that grants access to numerous top-tier product lines, establishing them as a reliable partner nationwide.

For Spintec, collaborating with a company that prioritizes service, product excellence, and enduring relationships is vital, and Bet Rite is dedicated to prioritizing customer needs. With a solid sales network and a reputation for dependability, their market stance is highly strong.

Through this collaboration, Spintec is guaranteeing that their creative products receive backing from an attentive, community-focused service. The initial product line to be launched in the Canadian market will be Spintec’s premier Charisma line. Charisma’s design, flexibility, innovation, and wide range of product customizations will undoubtedly make it a top seller in Canada as well.

Billy Maclellan, Bet Rite President, says: “Our company has grown by offering best-in-class suppliers the local support that they need. Spintec fits the mold perfectly and together we are well placed to make this partnership a glowing success”

Goran Sovilj, Spintec’s Chief Commercial Officer, agrees: “Bet Rite’s deep understanding of the Canadian market makes this alliance very promising. We are always excited to introduce innovative and exciting products to new markets, especially when our distributors are as experienced and knowledgeable as Bet Rite.”

The post Spintec Expands into Canada with Bet Rite appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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