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CPPT V - The Bicycle Casino

$1,100 No-Limit Hold'em Quantum CPPT ME $400K GTD

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Andrew Wisdom Wins CPPT Bicycle Casino Main Event

After five days of poker action the field of 550 players in the Card Player Poker Tour Bicycle Hotel & Casino main event was eventually whittled down to 23-year-old Andrew Wisdom, who earned the largest ...


Sale of Ongame Poker Network Completed

bwin.party Sells Poker Network For €15 Million to Amaya

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bwin.party has completed the sale of its Ongame poker network to Amaya Gaming Group from Canada.

The company will receive €15 million for the network on a cash-free and debt-free basis and could earn up to an additional €10 if online poker becomes regulated in the U.S. within the next five years.

bwin.party said, “The exact amount of the contingent consideration will depend upon the extent of the regulation and, if not federal, is based upon the number of states that regulate and the total population covered.”

The deal sets in motion the move of bwin’s poker liquidity to the Party Poker network which is the primary network owned by the company. No time frame has been announced yet for the move.

One of Ongame’s largest poker rooms, Betfair, recently did a deal with the iPoker network which will see it move some of its liquidity away from Ongame.