There may soon be a new poker tour coming to the international scene, according to reports from Chinese poker outlet DZPK.com.
Officials from Alibaba Sports Group (AliSports) held a press conference Tuesday in Shanghai to announce the fledgling International Poker Tour (IPT), a new tour with events to take place in Asia, North America and Europe.
More than $7 million in prize money will be up for grabs, tournament organizers said. Other figures released were for an upcoming event in Shanghai, though no date was announced. More than $870,000 in prize money was announced for that event, with about $200,000 going to the winner.