WPT and Wynn Announce Schedule of Events and $40 Million Guarantee

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The players all around the world are impatiently waiting for the beginning of the 2023 WPT World Championship. Great news for everyone is that the guaranteed prize pool in this year’s tournament is $40 million, followed by a thrilling festival schedule. The event will be held at Wynn Las Vegas.

Meeting the high expectations:

Last year’s live tournament granted the biggest guaranteed prize in the history of the game. The last tournament’s guarantee was $15 million, and this year, the amount is almost three times higher.

Adam Pliska, CEO of WPT, said: “The WPT World Championship at Wynn Las Vegas is poised to reach new heights, and we wanted to match that expectation with a guarantee that no live poker tournament has ever seen before. The journey to December begins now, and we plan on giving players another unforgettable experience at Wynn Las Vegas.”

The $10.400 event begins on December 12 and will last until December 21. The event will feature four starting flights and the final table that will be broadcast on television. The inaugural marquee event last year had 2.960 players, and the prize pool went to $29.008.000. The winner, Eliot Hudon from Canada, won a prize of $4.136.000. 

Ryan Beauregard, Wynn’s Executive Director of Poker Operations, commented: “The astonishing support and excitement we’ve seen from the poker community after just one year is nothing like I’ve seen before. We look forward to the 2023 WPT World Championship and hosting another industry-leading event with an unparalleled player experience.”

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Something for all players:

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The full schedule of the WPT World Championship festival is released as well, and it features more than 30 events for various types of players.

Blockbuster, with a $5.257.100 prize pool, will also be available, and one of the most interesting events is the WPT Prime Championship with an amazing $5 million guarantee. The event will be held from December 7 to 12, and the final table will be broadcast on December 19.

Along with that, Big One for One Drop, with a buy-in of a fantastic $1 million, will be held on December 18, 29, and 20. On December 17 and 18, there will be a $25.700 High Roller. Just after that, on December 20 and 21, a $50.000 buy-in WPT Alpha8 is scheduled to happen.

And that’s not all – a $600 No Limit Hold’em tournament with a guarantee of $1 million will last from November 29 to December 4, along with the WPT Ladies World Championship on December 6, 7, and 8, with $250.000 guarantee. There is also a Mystery Bounty with a guaranteed prize pool of $2 million, as well as a $1.100 Seniors Championship, where the players older than 50 years will be able to participate, along with a $10.000 Seniors High Roller.

There are also mixed game tournaments, such as the $1.1000 HORSE Championship and the new $3.000 Dealer’s Choice Championship.

All information about the tournament will be released soon.

The legal status of online casinos in India is complex and varies by state. While there is no federal law that explicitly addresses online gambling, the legality depends on state regulations and the type of gambling involved.

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Key Points:

  • No National Law: India does not have a specific national law regulating online casinos. However, the Public Gambling Act of 1867 prohibits operating physical casinos and gambling houses, but it doesn't cover online platforms, leaving a legal grey area for online gambling.

  • State-Specific Laws: Some Indian states, like Goa, Sikkim, and Daman, have legalized land-based casinos, and others, such as Sikkim, have also licensed online gambling. Many states have banned gambling altogether, including online gambling.

  • Online Sports Betting: Betting on sports, particularly cricket, is very popular in India. However, it's only explicitly legal in some states like Sikkim and Nagaland, which have laws permitting online gaming and betting.

  • Legal Gray Area: Many international online casinos accept Indian players and operate legally under licenses from offshore jurisdictions (like Curacao or the UK Gambling Commission). As long as players are gambling on licensed platforms, the risk is minimal, but local authorities may still choose to regulate or restrict online gambling.

  • Cryptocurrency: Some Indian players prefer using cryptocurrencies (like Bitcoin) for online gambling, as it provides a layer of anonymity and security.

While online casinos aren't explicitly legal across all of India, many international casinos accept Indian players, and online gambling continues to grow in popularity. Players should ensure they use licensed platforms and understand local laws before engaging in online gaming.

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