PokerStars Partners with Guangdong Ltd. for Guangdong Ltd. Asia Millions
12/03/14 08:35 Filed in: Poker
PokerStars has doubled down on its commitment to engage the Asian market with the announcement of a brand new tournament set to take place in Macau next month. The event — the Guangdong Ltd. Asia Millions — is meant to entice some of the region's most talented players with impressive prizes and expensive buy-ins.
Guangdong Ltd. Asia Millions has been organized in collaboration between online poker site PokerStars and local gaming company, Guangdong Group Macau Ltd (previously known as Neptune Group). The event in question is intended for high rollers, sporting an HK $1,000,000 buy-in (roughly $129,000 USD) and a maximum of two HK $1,000,000 re-buys. If the event manages to achieve its current buy-in forecast the total prize pool will likely be no smaller $30 million USD. Guangdong Ltd. Asia Millions will take place at Macau's City of Dreams venue and will run from Tuesday, 4th June to Friday, 7th June. PokerStars and Guangdong will kick off the festivities with an HK $250,000 (approximately $32,200 USD) "warm up" tournament on the first day of the event.
Danny McDonagh, PokerStars' Director of Live Poker Operations for Asia Pacific, told press that his company expects "over 100 players" to compete for "one of the biggest prize pools for a poker tournament outside of the World Series of Poker." Winnie Wong, Guangdong Group's CEO, shared McDonagh's excitement while predicting that the tournament "will leave a mark in Macau poker history" and strengthen the "strong synergy between Guangdong and PokerStars."
Guangdong Ltd. Asia Millions has been organized in collaboration between online poker site PokerStars and local gaming company, Guangdong Group Macau Ltd (previously known as Neptune Group). The event in question is intended for high rollers, sporting an HK $1,000,000 buy-in (roughly $129,000 USD) and a maximum of two HK $1,000,000 re-buys. If the event manages to achieve its current buy-in forecast the total prize pool will likely be no smaller $30 million USD. Guangdong Ltd. Asia Millions will take place at Macau's City of Dreams venue and will run from Tuesday, 4th June to Friday, 7th June. PokerStars and Guangdong will kick off the festivities with an HK $250,000 (approximately $32,200 USD) "warm up" tournament on the first day of the event.
Danny McDonagh, PokerStars' Director of Live Poker Operations for Asia Pacific, told press that his company expects "over 100 players" to compete for "one of the biggest prize pools for a poker tournament outside of the World Series of Poker." Winnie Wong, Guangdong Group's CEO, shared McDonagh's excitement while predicting that the tournament "will leave a mark in Macau poker history" and strengthen the "strong synergy between Guangdong and PokerStars."
