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Reputable Online Casinos Home - Gambling News - July 7, 2006  

Betfair Is Making Headway In The Asian Market

The first online gambling company to officially gain recognition and permission to offer a poker tournament in Singapore is Betfair.
To be called the Betfair Asian Poker Tour, it is expected to include players from all over the world who will compete for a grand prize pot of $2 million in prize money. Anybody will be allowed to play including local residents. It is expected that many professionals will come along with the average poker aficionado. To qualify you need only enter your information by going online to Betfair Poker, or attend live tournaments being played all over.

This innovative event is scheduled to take place this November, and Betfair Poker has arranged with Capital Events, which is a local concern, to assist in hosting the event.

Ben Fried, BetFair’s poker head says that the city of Singapore is really idea for hostage such and event. And this is because Singapore is a real tourist draw and forms the hub of regional activity.

By working with the locals as partners, Betfair, is being given an opportunity to raise its Asian profile. These are people who comprehend regulatory restrictions that will apply and also the sensitivities of the local people.

Fried says that Betfair is very much involved with new and creative innovative approaches and being the first on the block. He notes that Singapore will give BetFair the opportunity to provide a outstanding poker event in addition to providing their players with the opportunity of experiencing the Orient and Singapore.

The Singapore Tourist Board (STB) is a control backer of the Betfair Asian Poker Tour. The Tour will be televised and then distributed to the media and to international broadcasters.

Back to Online Gambling News - July 2006
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