(Click Here for the Latest Online Poker News Stories)
Copyright 2005 eMediaWire
October 26, 2005
HEADLINE:
Poker’s Biggest Prize - $100 Million Could Be Won
In A Single Hand Of Poker. Prize is Reinsured by National Indemnity
Company, a Subsidiary of Berkshire Hathaway Inc.
BODY:
Cinda Ltd. is producing the world's most exciting poker tournament,
in which someone could walk away with a $100,000,000 Jackpot Prize.
In a move that will send shockwaves throughout the poker world,
poker tournament producer Cinda Ltd. today unveiled its latest
poker innovation - a poker tournament that will include huge jackpot
prizes. This unique tournament will likely produce some of the
most thrilling poker action ever seen. Entrants to the tournament
– in addition to winning an impressive purse – could
walk away with a monstrous $100 Million Jackpot Prize.
The “Noble
Poker $100 Million Mega-Tournament” will begin similar
to other tournaments until players reach the final table. Should
any player during the final table hit a Royal
Flush of Spades, they will be awarded the $100 million jackpot.
Other hands occurring at the final table will receive significant
jackpots as well. For example a player drawing a Straight
Flush will win $750,000 and if someone holds a “Four-of-a-kind
Kings” they will walk away with an extra $500,000 prize.
These jackpot prizes are in addition to any winnings that players
have in the tournament. The ‘Jackpot Hands’ are sure
to add a lot of excitement to the already thrilling Final Table
action.
In order to guarantee the payment of such exciting jackpot prizes,
Cinda entered into insurance agreements with ASU International,
a subsidiary of HCC Insurance Holdings (NYSE: HCC), and National
Indemnity Company, a subsidiary of Berkshire Hathaway Inc. (NYSE:
BRKa). The $100 Million Jackpot Prize is reinsured by National
Indemnity Company - one of the few insurers in the world that
could guarantee such a large prize.
In order to make sure this event will be a world class event,
Cinda has recruited former WSOP tournament director Matt Savage
as tournament director. “It is difficult to come up with
innovations that add excitement to the game of poker, but the
unique “jackpot hands” concept is just such an innovation”,
said Tournament Director Matt Savage. “It’s difficult
to beat the WSOP in terms of excitement, but I think we’ve
succeeded in this capacity”
Cinda has also recruited a world class online sponsor to back
this exciting event. Noble Poker - www.noblepoker.com
- is the tournament’s exclusive online sponsor. Noble Poker
is owned and operated by Empire Online (EOL.L), one of the leading
online poker operators
in the world. Noble Poker also acquired the tournament’s
naming rights and has aptly named it “The Noble
Poker $100 Million Mega Tournament”.
“The concept behind the $100 Million Extravaganza is an
innovative way to draw players from across the world,” said
Noam Lanir of Empire Online. “We’re wondering how
someone could maintain a poker
face if they’re holding a Royal Flush at the final table.”
More information about the “Noble Poker $100 Million Extravaganza”
can be found at www.noblepoker.com.
Downloaded from
the World Wide Web on October 26, 2005:
http://www.emediawire.com/releases/2005/10/emw301863.htm |
(Click Here for the Latest Online Poker News Stories)
|