Epic Poker League Could Be Sold Within 60 Days
Last year, the Epic Poker League began play as the “PGA of professional poker.” The series of events, each capped with $20,000 rake-free Main Event, have been heralded by many and disdained by others. Now, it appears that the fledgling poker league may be in sale talks.
Epic Poker League could be sold within 60 days.
In a story broken by Wicked Chops Poker, it was reported that Pinnacle Entertainment is currently in talks with the Epic Poker League about a potential sale. According to details, it appears that if talks prove successful, the EPL could be owned by Pinnacle within the next 60 days.
According to reports, the acquisition could have come about partially in part due to a business relationship in the past between EPL co-founder Jeffrey Pollack and Pinnacle’s Director of Marketing Ginny Shanks. The two worked together when Pollack joined Harrah’s back in 2005 and took over the WSOP. Reports also credit Shanks with coming up with the Tournament of Champions freeroll that Annie Duke won in 2004 for $2 Million.
Should this sale go down, it would be a major acquisition for Pinnacle and could spell financial security for the Epic Poker League. There have been concerns about the EPL’s solvency from the beginning with former WSOP bracelet winner Daniel Negreanu being among the strongest critics of the league.
The fourth and final event prior to Season 1 championship was delayed until a still to be determine date somewhere around April or May. This move was said to be due to player requests, but now some wonder if the sale talks were the real reason behind the move.
No further details have been reported about what, if any, significant changes would happen in the league as a result of the sale. Annie Duke is the current commissioner of the EPL with Matt Savage at the Tournament Director. We will bring you more on this story as details develop.
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