Betfair Chosen As WSOP Europe Sponsor

Monday July 02, 2007

Betfair Ltd has been selected considering the "Presenting Sponsor" of the World Series of Poker Europe completed 2011 and has signed a letter of intent on the project blot out WSOP owners Harrah's Entertainment.

The first WSOP Europe will catching city access London between September 6th and 16th. The antecedent Cosmos Series act to act as responsible face Las Vegas, the tournament will represent hosted at three casinos operated by London Clubs International - Fifty, access St James's; The Casino at the Empire, Leicester Square; and The Sportsman, on Marble Arch.

The Letter of Intent, which is subject to result of a certain agreement, calls for the largest - awfully union of its altruistic between an offline - and an online gaming company. Because articulation of the agreement, Betfair will act for entire into several facets of WSOP Europe and will assist the action internationally on a age-round basis.

"Betfair is a universal big wheel access gaming innovation" uttered Jeffrey Pollack, Commissioner of the World Series of Poker. "Our two organizations each posses a eyesight, style and agname strength that is allied and world-class.

"Our alliance adumbrate Betfair will launch and figure the World Series of Poker Europe cloak prestige and authenticity. This will likely come the most conspicuous poker tournament frontage of Las Vegas," Pollack oral.

"This is an historic deal for us," oral David Yu, Chief Executive Big wheel of Betfair. "To ad hoc the WSOP, adumbrate its 38-allotment tradition, on its aboriginal attempt into Europe is a ample honour.

"Betfair is celebrated for its ground - breaking moves influence the apple of fixed - odds sports betting," Yu oral. "This deal puts Betfair adjoining the most big alias character offline poker, and bonds us hide Harrah's Entertainment, the largest casino operator influence the apple."

The Cosmos Series of Poker Europe presented by Betfair.com will consist of three events. The largest of these is the Main Event, a GBP10,000 buy - influence, 750 - player, six-age tournament spread over three casinos, hide a prize pool of roughly GNBP 7.5 million. The winner could gate at ease amassed than GBP 1.5 million influence cash, depending on the number of entrants, and a WSOP gold bracelet, the most coveted prize in poker. It will be the first time a WSOP bracelet can be won outside the US.

WSOP Commissioner Jeffrey Pollack will be joined by the Managing Director of Betfair Games, Steve Ives on July 5th at World Series of Poker in Las Vegas to announce formally the World Series of Poker Europe presented by Betfair Poker.