Just to be clear on what really happened. The organizers of the APC, Boom events of Singapore agreed to have free seats to be given away provided that they put in the money for the seats. A few days before the event was to take place, they reneged on their commitment and instead of putting in the cash they tried putting in seats to their event in Korea equivalent to the money the pot was short.
PAGCOR and Metro Asia did their part in the agreements to help Boom with their event and were in good faith going into the understanding for the event. In the interest of the players that we're not being given the tournament they signed up for, we canceled the event. Boom's decision not to honor its commitment was in bad faith and is disheartening.
Where we are now is that we (the players, PAGCOR and Metro Asia) has given Boom until this Friday to do right by the players and offer a fair settlement for the players, outside that happening, we are exploring legal avenues.
Will keep you posted on the latest.
Monday, March 10, 2008
Wednesday, January 30, 2008
Asian Poker Championships final final details
After some rescheduling, Asian Poker Championships will be on March 8-9, 2008 and will be hosted by Metro Asia Hyatt. Buy-in is US$ 2,500 and includes a three night stay at the Hyatt, but only US$ 1,800 for local players (sans the Hyatt room). This will be the 1st leg of the tour and the Champions of each leg will meet for the champions' game for bigger prizes.
Cash will be the main prize for the winners. Final table participants will be awarded seats for the APC Korea which will be on April 18th. APC Manila runner up will also win a seat in Asia Gem's massive tournament the Chairman's Cup. The event winner will receive all of this plus air-fare to Korea for APC Korea and a seat at the APC Champions table where all the leg winners play for the title and more cash.
Metro Asia Hyatt will be having satellite tournaments on February 23, 26, 27, 28, March 1, 3, 4, 5, 6. All satellites will start registration at 6pm with the exception of the Feb. 23 satellite which will start at 5pm. Buy-in for the satellite is US$ 200 (Php 8,400 so please bring dollars instead) with an optional re-buy OR add-on at US$ 100 (Php 4,100, read above). There will be three seats (of the US$1,800 variety) added onto the prize pool regardless of how many seats will be made, so if there are two seats made by the prize pool, five seats will be given.
Cash will be the main prize for the winners. Final table participants will be awarded seats for the APC Korea which will be on April 18th. APC Manila runner up will also win a seat in Asia Gem's massive tournament the Chairman's Cup. The event winner will receive all of this plus air-fare to Korea for APC Korea and a seat at the APC Champions table where all the leg winners play for the title and more cash.
Metro Asia Hyatt will be having satellite tournaments on February 23, 26, 27, 28, March 1, 3, 4, 5, 6. All satellites will start registration at 6pm with the exception of the Feb. 23 satellite which will start at 5pm. Buy-in for the satellite is US$ 200 (Php 8,400 so please bring dollars instead) with an optional re-buy OR add-on at US$ 100 (Php 4,100, read above). There will be three seats (of the US$1,800 variety) added onto the prize pool regardless of how many seats will be made, so if there are two seats made by the prize pool, five seats will be given.
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