Thu, Jan 24, 3:40pm by Staff Writer
The Stars Group has revealed the success of its annual PokerStars Caribbean Adventure (PCA), which immediately followed the first ever PokerStars Players No-limit Hold’em Championship (PSPC).
Combined, the PCA and PSPC awarded a total of US$63 million over 11 days of competition at the Atlantis Resort & Casino in the Bahamas.
Commencing on January 6 and going all the way through to January 10, poker players had the chance to make their way to the first edition of the PokerStars Players no-limit Hold’em Championship.
The tournament featured a record-breaking US$25,000 buy-in that drew more than 1,000 individuals willing to battle for cash prizes.
The overall prize pool reached US$26.5 million.
Spanish player Ramon Colillas was crowned the inaugural winner of the tournament and was eligible for the first-place prize of US$5.1 million.
Until that point in his poker career, his largest cash price as $4,881 achieved during another No-limit Hold’em event.
Colillas got his ticket to the Bahamas as the recipient of one of 320 PSPC Platinum Passes.
The Platinum Pass enabled him to enter the tournament and provided him with premium accommodation and covered travel expenses. In return, he has become a multi millionaire in a matter of hours.
At the conclusion of the PSPC, the PokerStars Caribbean Adventure commenced.
From 1,039 entrants to 1 winner, congratulations @Mr__Boxes on winning the largest $25K buy-in tournament in poker history. So happy to assist our client @PokerStars with another successful #PCA and help share their #WinningMoments. #ClientWorkhttps://t.co/bzoA7xH5OI
— Brian Communications (@BrianComms) January 21, 2019
The Main Event drew 865 players featuring a buy-in of US$10,300, according to Casino Reports.
The PCA ended on January 16 and awarded a total prize pool of US$36.3 million.
The event attracted more than 1,600 players representing 79 countries with 11,000 entries.
The next live poker tournament on the PokerStars 2019 calendar is the PokerStars European Poker Tour in Sochi, Russia from March 20 through 29. It is the first stop of the 2019 European Poker Tour.
The Stars Group provide technology-based product offerings in the global gaming and entertainment industries.
They are headquartered in Toronto, Canada and in 2014 acquired PokerStars and Full Tilt Poker for $4.9 billion.
They have become global leaders in online and mobile betting, poker, casino and other gaming-related offerings.
The Stars Group owns or licenses gaming and consumer businesses and brands including PokerStars, PokerStars Casino, BetStars, Full Tilt, BetEasy, Sky Bet, Sky Begas, Sky Casino, Sky Bingo and Sky Poker.
It also owners live poker tour and event brands including the European Poker Tour and the Asia Pacific Poker Tour.
The Stars Group acquired a 62 per cent share in Crownbet in December 2017 for $150 million from Crown Resorts and subsequently increased their share to 80 per cent.
Crownbet is one of Australia’s most popular online bookmakers behind Tabcorp and Sportsbet.
Crownbet merged with UK bookie William Hill in order to increase its market share, with Crownbet’s market share greater in Victoria and William Hill’s in New South Wales and Queensland.
Following stricter Australian government regulations that included increased taxes and a ban on extending lines of credit to customers, William Hill’s parent company in the UK decided to sell.
The BetEasy brand returned to prominence after it originally launched in September 2014 as BetEzy, with Crownbet replacing it in March 2015.
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