Scientific Game

World Poker Tour cancels Chengdu event amid licensing concerns

Sunday, 16 July 2017 23:02
Visit us

By Ben Blaschke

The World Poker Tour (WPT) has been forced to cancel its first ever tournament series in the Chinese city of Chengdu after failing to gain the necessary authorization from officials.

Due to run from 15 to 21 July, WPT owner Ourgame released a statement late Friday announcing that the event had been “urgently called off” due to them not registering and filing with all relevant departments before the event was scheduled to begin.

The WPT’s decision comes two years after an Asia Pacific Poker Tour (APPT) event in Nanjing was raided by police and local organizers arrested for "opening a gambling house and submitting false application materials" to Jiangsu Provincial Chess Sports Association. Staff of international sponsor PokerStars were also detained briefly before later being released.

The APPT, which holds events in Macau, the Philippines, Korea and Australia each year, hasn’t returned to mainland China since.

The WPT has held an event in Sanya each year since 2013 and had only started expanding its presence across the mainland this year, with a Beijing event held in April.

Chengdu, which was to be the second stop on the expanded Chinese tour, was called off so suddenly on Friday that dealers and staff at the venue were seen anxiously asking senior staff what was happening, according to IAG sources.

WPT Chengdu was to be part of the Ourgame Chess and Poker Carnival Chengdu. In its statement, Ourgame said that it would reschedule its “World Mahjong Sports Games Straight Match” and “CCG World Card Game League Match” to 19 July and “WPT China Team Summer League Finals” to 22 July, all in Beijing.

WPT Chengdu 2017 was the only event on the schedule to be cancelled completely.

What's new

IGT forms joint venture to provide lottery products in China Global gaming giant IGT has formed a Chinese-foreign equity joint venture with Shenzhen Tian Lian Cai Investment Co Ltd – a subsidiary of Chinese conglomerate Telling Telecommunication Holding Co Ltd – to provide innovative lottery products to regulated Lottery Centers in the People’s Republic... Thursday, 27 July 2017 22:53

Genting Singapore tipped to outperform MBS in mass

Genting Singapore tipped to outperform MBS in mass Genting Singapore is tipped to outperform its Singapore rival Marina Bay Sands (MBS) in the mass market segment, according to Morgan Stanley analysts, with property EBITDA estimated to come in at SG$270 million when the former releases its 2Q revenue results in the coming weeks. The prediction foll... Thursday, 27 July 2017 22:43

Pachinko leader Dynam sees revenue decline as high limit players stay away

Pachinko leader Dynam sees revenue decline as high limit players stay away Japan’s pachinko market leader, Dynam Japan Holdings, saw its revenues decline in the three months to 30 June 2017 due to “a harsh environment” that has seen a fall in the number of customers playing in its high playing cost halls. In its 2Q earnings release, filed with the Hong Kong Stock Ex... Thursday, 27 July 2017 22:14

City of Dreams Manila, Studio City growth behind Melco Resorts revenue surge

City of Dreams Manila, Studio City growth behind Melco Resorts revenue surge A massive 80.6% increase in revenue at Studio City in Macau and 46.6% growth at City of Dreams Manila has propelled Melco Resorts & Entertainment Ltd’s strong 2Q results, with revenue for the company up 21% year-on-year to US$1.3 billion. On a US GAAP basis, operating income for the second qu... Thursday, 27 July 2017 21:56

Current Issue

Shining Star- Matt Bekier

Shining Star- Matt Bekier When Matt Bekier was appointed CEO of Star growth expected when 2017 results are released later this year and entertainment Group – then known as echo entertainment – in 2014, the company was reeling from a 30.5% fall in profits, plunging share prices and ongoing public relations nightmares incl... Wednesday, 26 July 2017 08:08

Beating the odds, changing the game

Beating the odds, changing the game By Muhammad CohenWith customers literally breaking down the doors at its May 2004 opening, Sands Macao demonstrated Macau’s untapped mass market potential. Thirty-eight months later, the Venetian Macao tapped that potential – and it was a gusher. The success of the Venetian, which instantly beca... Wednesday, 26 July 2017 07:54

View from the top

View from the top Inside Asian Gaming speaks to Aristocrat’s recently promoted CEO Trevor Croker about his first few months in the top job and his plans for maintaining the slots giant’s winning momentum.   Inside Asian Gaming: You’ve been CEO for a little over four months now. How have you found the role so... Wednesday, 26 July 2017 07:37

From Uber to Amazon

From Uber to Amazon By: Dr Peter T Treadway In his latest column for Inside Asian Gaming, Dr Peter T Treadway explains why regions like Macau and Hong Kong must support tech business as the way of the future.   Since issuing the last Dismal Optimist in May, tech stocks roared upward. That is until the afternoon of... Wednesday, 26 July 2017 07:19