Epic Poker League parent company files for Chapter 11

1 March 2012

LAS VEGAS, Nevada -- The company that owns and manages the upstart Epic Poker League has filed for Chapter 11 bankruptcy reorganization.

Federated Sports + Gaming, a company started by former World Series of Poker Commissioner Jeffrey Pollack, filed the bankruptcy in Maryland late Tuesday.

In a statement posted on the Epic Poker League's website, Pollack said the company would seek a partner, a pursuit that was under way before the bankruptcy filing.

Besides the Epic Poker League, which held three events last year at The Palms Casino Resort, Federated owns the Global Poker Index, epicpoker.com, the Epic Poker game on Facebook, and the Heartland Poker Tour.

"Our company needs a new start," Pollack said. "This reorganization filing is an important first step in that direction and our goal is to keep the Epic Poker League ... moving forward with a continued spirit of innovation."

In January, the Wicked Chops Poker website reported Epic Poker was in negotiations to be bought by casino operator Pinnacle Entertainment.

Pollack started the league with professional poker player Annie Duke as commissioner. The idea was attract professionals who would earn their player cards to compete, similar to players on golf's PGA Tour.

The first Epic Poker event had just 137 players and smaller fields in the next two events.

In a letter sent to Epic Poker League members, Duke said the intention was to finish the first season with its fourth event and the Season One Championship. Both had been scheduled for the Palms, but Pollack said it was unclear when the events would take place.

Federated bought the midsized Heartland Poker Tour last year. The tour was expected to continue operating while the reorganization takes place.

Related Links
Heartland Poker Tour Gaming Vendor Information
Palms Casino Resort Details
Nevada Gambling
Ranked Online Poker Rooms


Copyright GamingWire. All rights reserved.
Featured Vendors
Casino Network
Oklahoma Indian Gaming Association (OIGA) Conference
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 14-16, 2023 in Tulsa!
Indian Gaming Tradeshow & Convention
AmericanChecked
Indian Gaming Tradeshow & Convention
The largest gathering of tribal leaders and casino executives in the United States
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Broadband Hospitality
Casino Schedule Ease
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Sunkist Graphics, Inc.
Slot Machines Unlimited
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Betson Imperial Parts & Service
TOP ONE TECH LIMITED
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Casino City Press
Rymax Marketing Services, Inc.
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Acres Manufacturing
.Dot-iGaming.com
Acres Manufacturing
Cashless Loyalty & Bonusing in a Single Mobile App
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
TribalHub
Talisman Group Creators of EZ Baccarat
TribalHub
24th Annual TribalNet Conference Sept 18-21, 2023 Town & Country Resort, San Diego, CA
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
New Level Radio
Patriot Gaming & Electronics, Inc.
New Level Radio
Your Casino. Your Music. Your Message.
Patriot Gaming & Electronics, Inc.
Patriot Gaming…Parts is what we do. Visit us: www.patriotgaming.com


Your Guide to 15,269 Gaming Industry Suppliers