Deepstacks Poker Tour which started organizing live tournaments in the US in 2012 is now 100% owned by the World Poker Tour (WPT). As such the WPT® will be in full control of WPTDeepStacks operations.
WPTDeepStacks which initially partnered with the WPT® in 2014, was created to replace the WPT Regional and DeepStacks Poker Tour brands in Europe and in the US. The partnership led to growth of the WPTDeepStacks tour, generating more than $10 million in total prize pools.
WPTDeepStacks Executive Director Chris Torina stated, “We are excited to take our relationship with the World Poker Tour to the next level.” He added, “Partnering with the World Poker Tour to form WPTDeepStacks cemented the brand as poker’s premier mid-major tour. We look forward to continuing to innovate, expand, and offer the most player-friendly tournaments at the world’s most beautiful properties.”
“The World Poker Tour is proud to acquire WPTDeepStacks,” said Adam Pliska, CEO of the World Poker Tour. “Over the years, Chris Torina has become a friend and a great steward of the WPT brand, and he and his team have built WPTDeepStacks into one of the most established brands in poker. WPT, bordered by the support of our parent company Ourgame, is currently looking for strategic, friendly acquisition opportunities of businesses and management teams that reflect our brand and company values. We feel WPTDeepStacks is a model of this initiative.”
Season 4 of WPT Deepstacks will start on January 19, 2017. 18 stops are scheduled mostly in North America with a last stop taking place in Thunder Valley Casino Resort in Lincoln, California featuring a $2,500 Main Event that will Gtds a $1M prizepool.
Article by Gabrielle Barredo