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World Poker Tour (WPT) Announces Second Edition of WPT India

George Miller

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World Poker Tour (WPT) Announces Second Edition of WPT India
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KOLKATA, July 25, 2018  –In May 2017, World Poker Tour (WPT) – one of the biggest global brands in poker announced that the brand would be expanding its reach in the Asia-Pacific region. This led to the inaugural WPT India festival hosted from 7th to 13th November 2017 at Deltin Royale, Goa, in partnership with India’s largest poker site – Adda52.com, owned by Gaussian Networks Pvt Ltd. The first-ever WPT India went on to become a grand success, attracting over 1400 entries with 527 in the Main Event alone, which ran from 10th to 13th November 2017 and found a champion in Vikash Mantri.

Capitalizing on the roaring success of its inaugural series last year, World Poker Tour has now announced the second edition of WPT India festival, which is scheduled to take place from 13th to 19th November 2018. Once again, the much anticipated tournament series takes place at India’s luxurious casino – Deltin Royale, in partnership with Adda52.com.

WPT India 2018 schedule has something for almost everyone with a host of exciting events. Once again, the highlight of the series will be the INR 55,000 buy-in Main Event, which is scheduled for 16th to 19th November. Adding to the delight, there will be 7 exciting side events with 6 being the same as last year – Kickoff, Superstack, Bounty, SHIP IT, High Roller and Turbo event. For the players who love fast-paced action, this year’s schedule offers a brand new event called ‘Shootout/6 Max NLH’, which will be replacing last year’s Omaha.

Expressing his excitement for the 2nd edition of WPT India, Mohit Agarwal, Co-Founder and CEO of Adda52.com said, “We are excited to host the second season of WPT at India’s largest casino, Deltin Royale in Goa. With a population of 1.3 billion, India has a booming poker scene and the game is growing in popularity by the day. WPT India is a perfect fit for the Indian poker community and puts India firmly on the global poker tournament map.”

 

About Adda52.com 

Adda52.com is a gaming portal owned by Gaussian Networks Pvt Ltd. Gaussian Networks believes in the highest values of business conduct. Adda52 has been certified from iTech labs for fair play and random number generator (RNG). The company has also tied up with multiple banks and payments gateways to process payments of customers. The company also facilitates its users to reach out for any query on e-mail (info@adda52.com) or call at 1800-3000-0611 (9 AM to 12 PM)

All card games offered at Adda52.com are completely secure and legal to play in India and run 24×7 in Ring, Tournament, Sprint and Sit-n-Go formats. The site currently offers four poker variants – No Limit Texas Hold’em, Pot Limit Omaha, Omaha Hi/Lo and Crazy Pineapple at various stakes.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Asia

Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

Niji Narayan

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Nagasaki Governor Reaffirms His Support for Sasebo IR Bid
Photo Source: agoda.com
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Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.

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Asia

Chinese Police Arrests 9 Suspects for Illegal Online Gambling

Niji Narayan

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Chinese Police Arrests 9 Suspects for Illegal Online Gambling
Photo Source: digitaltrends.com
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Police in Anhui Province of China have arrested nine suspects for organising online gambling through QQ groups.

At the end of 2018, police received information that a victim had lost over 600,000 yuan (around 87,200 USD) through gambling on a website called “Jurassic.”

They then found multiple suspects through bank, Alipay and Tenpay accounts provided by the victim, but the investigation has been very difficult due to a large number of accounts and phone numbers involved.

After a thorough investigation, police finally targeted a gambling gang led by a suspect surnamed Chen. The gang of nine have convened almost 10,000 people participating in online gambling through QQ groups and made more than 50 million yuan (Around 7 million USD) in illegal profit.

The nine suspects were detained and more than 200 bank cards, 50 cellphones and eight computers were also seised.

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Asia

Marina Bay Sands Seeks SG$8 Billion Loan for Casino Expansion in Singapore

Niji Narayan

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Marina Bay Sands Seeks $8 Billion Loan for Casino Expansion in Singapore
Photo Source: mothership.sg
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Marina Bay Sands, a subsidiary of US-based Las Vegas Sands, is going to apply for a loan to raise $8 billion fund for its casino expansion in Singapore.

In April, the casino revealed plans for adding a new tower at the existing property in Singapore. However, the company officials later clarified that the new tower would not host gambling operations.

“Marina Bay Sands would have to woo both existing and new lenders to achieve success with this exercise. The borrower has not raised such a size before and it is also unprecedented for the market in Singapore,” A loan broker in Singapore said.

This could be the second biggest syndicated loan in the country. Though the casino’s financials are strong, the company may still find it difficult to raise the funds.

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