(1) Party Set to Acquire Gamebookers; (2) PPT Makes TV Debut July 5

by Lou on July 4, 2006

Party Gaming Acquires Gamebookers
Rumor has it that Party Gaming is about to acquire online sports book Gamebookers for about $92 million. An announcement is expected within in the next two or three weeks.

Party Gaming recently raised $500 million to help it finance a series of acquisitions and Gamebookers is the first. This will allow Party to diversify its business away from America, which accounts for more than three-quarters of its turnover. Gamebookers does not take bets from American customers.

Gamebookers recently joined the Microgaming (Prima) Poker Network, but I’m assuming a change will be in the works there if the deal with Party goes through.

Professional Poker Tour Makes TV Debut Tomorrow
The 24-episode season of the Professional Poker Tour premieres on the Travel Channel at 9:00 PM EDT July 5, the spot formerly occupied by the World Poker Tour. New WPT episodes will air in the winter.

One major difference between the WPT is several that the PPT is not open to the public. Players earn their way in by succeeding on the tournament circuit. PPT players do not pay an entry fee; it’s a freeroll and the winner receives $200,000 along with a $25,000 seat to the WPT World Championship.

The PPT will be shown in five two-hour episodes, and will show each tournament from start to finish, with more than 200 players qualifying to compete in the PPT’s first season.

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