Malta seems to be constantly looking for new spheres for development and for improving its existing gambling offerings which is confirmed by the most recent information which emerged in relation to the poker sector in the country. The last months of this year will see the official start of the first ever Malta Poker Festival which is expected to draw many big poker names to the Mediterranean island with the help of generous prize pools and affordable buy-ins.
At the very beginning of the month of November, poker action is going to surge within the borders of Malta, as St. Julians will witness the new poker tournament in its first edition. According to the people responsible for the organization of the event, it will be hosted by Portomaso Casino which is able to provide the needed level of poker offerings for the well-known poker players expected to take part in the new festival. It should also be pointed out that among the people who power the future congregation is the former organizers of Battle of Malta poker tournament which has been an annual poker festival since its first edition back in 2012.
Rich Schedule of the Festival
The new project was founded by Ivonne Montealegre who is ready for a fresh start with the help of the new poker festival which commences on 1st November this year. Just like in every poker gathering, the Main Event is in the spotlight and on the radar of every participant.
The first edition of Malta Poker Festival is going to feature a Main Event with €550 buy-in, which is one of the lowest culminating event buy-ins in the industry. On the other hand, the guaranteed prize pool of the tournament amounts to €500,000 which will ensure hefty payouts at the end of the final table. The cap for this tournament is at 700 players.
All participants in the poker festival will also have the chance to play at the rest of the poker events, one of which is a second chance tournament boasting a guaranteed prize pool of €10,000. The final day of poker action is scheduled for the 6th November, giving all poker players enough time to experience the new festival to the fullest.
There will be Main Event satellites which feature a cap of 300 players, as well as High Roller satellites which could welcome up to 250 players. The 3rd November will see the official start of €1,320 No-Limit Hold’em Grandmaster High-Roller which also promises quite the payouts for its top positions on the leader board.
For the past seven years, the Battle of Malta poker festival has been the go-to poker congregation and famous poker pros from all four corners of the world have been seen there. In 2017, the €550 buy-in event attracted as many as 2,074 entries, while Nadav Lipszyc from Israel came out victorious, banking €200,000 ($232,585). As of last week the trademark, concept and domain name ‘Battle of Malta’ are owned by Casino Malta Limited for €300,000.