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Copyright 2004 Business Wire, Inc.
Business Wire
December 22, 2004 Wednesday 1:00 PM GMT
HEADLINE: Pros & Online Players Alike Enjoy
Big Action at WagerLogic Licensees' First Caribbean Poker Classic
BODY:
3 WSOP Champs, 3 European Champs & 3 Internet
Hopefuls Also Face off During a Special Pro-Am Tournament
WagerLogic Limited, a global leading provider
of online gaming
software announced today that its licensees' first ever Caribbean
Poker Classic(TM) has proven to be a major success with pros and
online poker
players alike. This cross-licensee land-based poker championship
event was held on the beautiful Caribbean island of St Maarten
and concluded on December 11th. 157 entrants from around the world
- 110 online qualifiers and 47 $5,100 buy-ins - descended on the
island to bask in the sun and battle for an exciting prize pool
in excess of $750,000.
The Caribbean Poker Classic(TM) title went
to John Earle, a Betfair qualifier from Essex who won a cash prize
of $213,205 and sports the event's first championship gold bracelet.
He defeated Aleksander Vathne, a William Hill qualifier from Norway,
in heads up play to take the prestigious title.
Aleksander walked away with $137,061 for second place. Sharbel
Koumi, representing Littlewoods, placed third and took home $83,760.
The Caribbean Poker Classic(TM) also featured
a pro-am tournament held on December 9th where three World Series
of Poker champions and three European champions faced off against
three Internet hopefuls. This specially televised event included
world-renown poker players, Chris Moneymaker, Robert Varkonyi,
Russ Hamilton, Steve Vlader, Xuyen Pham and Simon Trumper. Steve
Vladar took first place and won the $50,000 prize in that competition.
"WagerLogic licensees' Caribbean Poker
Classic(TM) was a huge hit, attracting some of the biggest names
and most skillful unknowns in land-based and online
poker play," said A.J. Slivinski, WagerLogic's
Managing Director. "The CPC was a great inaugural event for
WagerLogic licensees, which combined the best of Internet and
land-based poker
action, and further strengthened their market position in online
poker. The CPC has marked its place as a major stop on the poker
tournament circuit and promises to offer even bigger cash prizes
and excitement next year."
The Caribbean Poker Classic(TM) was an excellent
opportunity for WagerLogic licensees - williamhillpoker.com, betfairpoker.com,
interpoker.com, littlewoodspoker.com, classicpoker.com, ukbettingpoker.co.uk,
theritzclublondon.com, caribbeansunpoker.com, totalbetpoker.co.uk
and pokerplex.com - to bring the same high quality to land-based
poker that they have brought to the online game, and that their
players are truly world class competitors. The entire event was
televised and is scheduled for broadcast in January 2005.
More than 4,400 players can be found simultaneously
online at WagerLogic licensees' central poker room. WagerLogic
software is used by some of the world 's top online gaming brands,
and powers one of the fifth highest revenue-generating poker rooms
on the Internet according to PokerPulse.com, an independent research
site.
About WagerLogic(TM) (www.wagerlogic.com)
WagerLogic Limited, a wholly-owned subsidiary
of CryptoLogic Inc. (a publicly listed company on the Toronto
Stock Exchange, Nasdaq National Market and the Main Market of
the London Stock Exchange), licenses its gaming software and services
to an internationally recognized blue chip client base. In addition
to a broad product portfolio of more than 100 casino games, bingo
and multi-player
poker, the company offers integrated e-cash management
and customer care services in multi-currencies and multi-languages
for a total online gaming solution.
CONTACT: WagerLogic Limited A.J. Slivinski, +357-22552401 aj.slivinski@wagerlogic.com.cy
or Lyceum Media Jodie Thind, +44 (0) 7092 333 310 jodie@lyceummedia.com
URL: http://www.businesswire.com
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