World's first $100 Million Poker Tournament

Las Vegas, NV (PRWEB) October 19, 2005 -- In a move that could make a World Series of Poker bracelet seem worthless, online poker room Noble Poker (www.noblepoker.com) today announced what could be the decade’s most sensational poker tournament. Entrants to the tournament – in addition to winning an impressive purse– could walk away with a monstrous $100 Million Jackpot Prize.

Adding to the excitement, Noble Poker enlisted former WSOP director Matt Savage as tournament director. Noble Poker is owned and operated by Empire Online (EOL.L), one of the leading online poker operators in the world.

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 – the best hand possible in poker, they will be awarded the $100 million jackpot. Other special hands occurring at the final table will receive significant jackpots as well:
Any other Royal Flush - $1,000,000
Any Straight Flush - $750,000
4 of a kind Aces - $500,000
4 of a kind Kings - $500,000
4 of a kind Queens - $250,000
4 of a kind Jacks - $250,000
4 of a kind 10’s - $250,000

Noble Poker is the exclusive online sponsor of this unique tournament, which is being produced by Cinda Ltd., a company engaged in the development of novel poker and gaming products.

In order to guarantee payment of the Jackpot prizes, Cinda Ltd. has entered into agreements with ASU International, a subsidiary of HCC Insurance Holdings (NYSE: HCC) and National Indemnity Company, a subsidiary of Berkshire Hathaway Inc.

The $100,000,000 Grand Prize is reinsured by National Indemnity Company, a subsidiary of Berkshire Hathaway Inc.

“It became time to do something extraordinary,” 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.”

“The concept behind the $100 Million Mega Tournament 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 Mega Tournament” can be found at www.noblepoker.com.

Press Release - 2005-10-20 04:28:21