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GGPoker Announce Biggest Online Poker Tournament Series Of All Time – $200M-Guaranteed GGPoker World Festival

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GGPoker today announces the inaugural edition of its GGPoker World Festival, which will offer players the biggest-ever online poker tournament series guarantee, with at least $200,000,000 in prizes up for grabs.

GGPoker World Festival events will run from May 1 through June 6 and include hundreds of tournaments across four buy-in tiers: Low, Medium, High and Super. Tournament buy-ins range from $2.50 through $25,500, allowing all players to find suitable GGPoker World Festival events to participate in.

The championship is headlined by multiple flagship events:

 

  • $5 Global MILLION$ Mystery Bounty Grand Opening – the very first $5 tournament with $1M Guaranteed and a $100K Top Bounty

  • $500 Global MILLION$ 5 Million – $5M Guaranteed

  • $1,500 GG World Festival 2023 Main Event – $8M Guaranteed

  • $10,300 Super MILLION$ World Festival 10 Million – $10M Guaranteed

 

Players can win their way into many GGPoker World Festival events via satellite tournaments, which will run throughout the series.

Every new GGPoker player that signs up and fully verifies their account from April 27 through May 8 will receive a free $5 Global MILLION$ Mystery Bounty Grand Opening event ticket, subject to licensing restrictions.

Participants will also earn leaderboard points for each series event played, with $100,000 in prizes on offer for each of the four buy-in tiers: Low, Medium, High, and Super.

Various series events will be broadcast at GGPoker.tv, with details to be confirmed shortly.

“The GGPoker World Festival rewrites history – with at least $200 million to play for, it’s the biggest series ever seen in online poker,” said Daniel Negreanu, GGPoker Global Ambassador. “With four tiers of buy-ins starting from $2.50, it’s for every poker player out there, whether you play once a month with your buddies or sit down in the biggest high rollers each week!”

New GGPoker players can also claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

To learn more about this year’s GGPoker World Festival, please visit: https://en. ggpoker .com/tournaments/ggwf-2023/

Gaming

JUICY BUTTON GAMES LAUNCHES WITH $3M SEED ROUND LED BY THE GAMES FUND

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Juicy Button Games, a new independent games studio co-founded by the creators of Total Battle, Pixel Gun 3D and Mighty Party, today emerges from stealth with the announcement of a USD $3M seed round led by The Games Fund, a specialist early-stage VC fund that invests in outstanding video game developers and GameTech companies.

The investment will fuel Juicy Button Games’ development of an innovative mobile-first 4x strategy game from its headquarters in Limassol, Cyprus. The 4x genre is typically dominated by studios from China and, in its quest to create a worthy European challenger, Juicy Button Games has assembled a founding superteam which has been responsible for mobile titles grossing over $700M. Each co-founder brings a unique skillset to Juicy Button Games to create the perfect blend of top-tier 4x mechanics, slick user experience, and data-backed creative marketing. They are:

  • Alexander Kravchuk. A mobile gaming veteran with over 20 years of experience, Alexander is the creator of Total Battle, a leading MMO strategy title with $222M in lifetime revenue and 43M lifetime unique players.

  • Anton Sinelnikov. Anton is the co-founder and game design director of Cubic Games, which was acquired by Nexters in 2022 in a $100M deal. Cubic Games is best known for its legendary mobile FPS, Pixel Gun 3D, which has grossed over $220M on mobile and achieved 190M downloads. Anton is participating in Juicy Button Games’ seed round alongside The Games Fund as an angel investor.

  • Aleksandr Zaytsev. Aleksandr is the co-founder of Panoramik Games, a studio specializing in mobile midcore fantasy games including Mighty Party. Panoramik Games’ titles have achieved more than 70M downloads, with lifetime revenue of almost $180M across its portfolio.

Alexander Kravchuk, co-founder at Juicy Button Games, said:

“To launch Juicy Button Games, we brought together all four key elements: leading marketing expertise, cutting-edge tech, massive game design knowledge, and smart capital. Each of us has been in the games industry for decades and built successful companies, best in class. We united to alloy our collective expertise and resources and pour it into building the best 4x strategy game on the market. We’re set to launch and scale top-quality, deep, and juicy games that players will enjoy for years. We have known The Games Fund team for years and are excited to join forces with them as our first investor for this journey from Cyprus to global top charts!”

Ilya Karpinskiy, co-founder and General Partner at The Games Fund, said:

“At The Games Fund we are big believers in the mobile games market. But if you want to survive in the red ocean you better be a shark. Alexander, Anton, and Aleksandr are AAA founders and gurus in their domains with proven track records and top-grossing games under their belts. We can not imagine a better founding team for such an ambitious goal! Europe’s game development scene is an untapped pool of opportunities, and we are on a mission to connect outstanding gaming founders from overlooked regions with the global industry from the United States to South Korea! We are proud and humbled that both young and seasoned founders trust TGF to be their founding investor and can’t wait to see them building global companies!”

The Games Fund has raised $50 million to invest in gaming companies and founders from emerging markets in Central and Eastern Europe, such as ROAR Games, Obelisk Studio, Made on Earth Games, KEK Entertainment and Jarvi Games.

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Eastern Europe

Amazon Games Expands Global Footprint with New Development Studio in Europe

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Amazon Games Expands Global Footprint with New Development Studio in Europe
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Amazon Games announced it has opened a new game development studio in Europe, based in Bucharest, Romania. The studio expands Amazon’s commitment to developing and publishing games as it joins the ranks of the existing development teams in Orange County, Montreal, San Diego, and Seattle. The new studio will focus on supporting Amazon Games’ diverse portfolio of games now and in the future. Amazon Games is actively hiring to build out the talented team, with many active roles open now.

“Amazon Games is focused on developing and publishing great games, and we have an ambitious long-term roadmap in front of us,” said Christoph Hartmann, VP of Amazon Games. “Expanding our internal development teams into Europe was a natural next step for us as we tackle our broad portfolio. Bucharest is known as one of the top emerging European cities for game development and we look forward to tapping into the rich talent pool.”

Amazon Games has hired industry veteran Cristian Pana to lead the studio. Cristian brings more than 20 years of experience building video games, most recently serving as the Managing Director at Ubisoft Bucharest. Cristian’s experience spans some of video games’ biggest games and franchises, including Tom Clancy’s The Division, The Crew, Far Cry, and Avatar and diverse genres, from driving games, action adventure open world games to shooter RPGs.

“I’m thrilled to join Amazon Games at a time when the team is actively building across an exciting roadmap,” said Cristian Pana, Studio Head for Amazon Games Bucharest. “I’ve built and led outstanding teams in the past and I know this area of Europe is a hot spot for some of the very best talent in gaming.”

The new studio supports Amazon Games’ vision of developing and publishing games that foster community in and around its games. The expanding portfolio from Amazon Games includes two launched live-service games, New World and Lost Ark, announced projects including Tomb Raider, The Lord of the Rings, and Throne and Liberty, as well as unannounced projects from our San Diego and Montreal studios, and the independent studio Glowmade in the UK.

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Gaming

KuCoin Ventures Announces Strategic Investment in FantaGoal

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KuCoin Ventures, the investment arm of the global cryptocurrency exchange KuCoin, has announced a strategic investment in FantaGoal, an eagerly anticipated Web3 game for this summer. This collaboration marks a significant milestone in the evolution of the Web3 gaming market, emphasising the strategic partnership between KuCoin Ventures and FantaGoal.

FantaGoal is poised to capture the attention of football fans worldwide by integrating elements of the Euro Cup, Copa America, Fantasy sports and AI, delivering the most exhilarating football gaming experience. With the aim of building the world’s largest football ecosystem, FantaGoal has secured partnerships with many football stars as well as numerous football clubs and large football communities. Leveraging its innovative one-stop custody wallet solution, FantaGoal enables Web2 football fans to seamlessly transition into Web3 gaming.

The strategic partnership between KuCoin Ventures and FantaGoal is expected to unlock new opportunities for both parties. By leveraging KuCoin Ventures’ industry insights, FantaGoal is set to achieve substantial growth. Conversely, FantaGoal’s innovative gaming solutions will diversify the services offered by KuCoin Ventures. Key highlights of the partnership include enhanced user engagement for FantaGoal, advancements in seamless user integration from Web2 to Web3, and innovations in game economics and ecosystem design.

“KuCoin Ventures is thrilled to partner with FantaGoal, a platform that shares our vision for an open and accessible financial future. This investment is not just financial; it’s a strategic move to integrate FantaGoal’s innovative gaming solutions into our ecosystem,” Johnny Lyu, CEO of KuCoin, said.

KuCoin Ventures has been actively seeking out and investing in promising blockchain and cryptocurrency projects that align with its vision of a decentralised and inclusive financial ecosystem. The investment in FantaGoal is a testament to KuCoin Venture’s commitment to supporting projects that bring transformative solutions to the market.

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