PokerStars adds $100 Spin & Go tournaments
Spin & Go tournaments with a buy-in of $100 have now been officially launched on PokerStars. Until now, this tournaments have been available on PokerStars with buy-ins from $1 to $60 (and a maximum prize pool of $216,000 and first-place prize of $180,000).
The new $100 buy-in tournaments will have a maximum prize pool of $360,000, and a maximum first-place prize of $300,000. This is a direct move of PokerStars after a huge popularity of $60 Spin & Go tournaments both amongst recreational and professional players.
Further details and raking available online here:
https://www.pokerstars.com/poker/spin-and-go/
Amaya makes last bid for bwin.Party
It was almost certain that 888.com is going to buy bwin.Party for ~$1,400,000,000 and Amaya (owner of FullTilt and PokerStars) lost the bidding war. However, it turns out not to be true, as Amaya made a last chance bid that has a chance of taking over.
It all started when Amaya offered to purchase bwin.party for 110p per share. A week later 888 Holdings, which had previously pursued bwin.party, offered 104.09 per share, and even the offer was lower then Amayas bwin.party recommended that its shareholders accept it, as 888 Holdings wasn't going to divide the company as opposed to Amaya.
It turns out the last bid to buy bwin.party, would be at 122.5p per share. 25p of that will be in cash and the remainder would be in new GVC stock.
That means the new sum of purchase would amount to $1.57 billion.
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