WSOP to raise money, interest in One Drop charity

30 June 2012

If you missed out on paying $1 million to enter a tournament of no-limit hold'em poker and gaining a shot at an $18 million payday, you may get another chance.

The World Series of Poker plans to make "The Big One for One Drop" an annual or semi-annual event, based on the worldwide interest drummed by this year's inaugural three-day tournament, which begins Sunday.

The game, limited to 48 entries, benefits the One Drop charity, an organization that promotes water awareness around the world. Out of each $1 million buy-in, 11.1 percent - $111,111.11 - will go to One Drop.

Mitch Garber, chief executive officer of Caesars Interactive Entertainment, which owns the World Series of Poker, credited Guy Laliberte, the founder of the entertainment conglomerate Cirque du Soleil and a founder of One Drop, with spending the past year promoting the event throughout North America, Europe and Asia.

Among the players paying the $1 million entry are international businessmen, hedge fund managers, casino owners and CEOs. Players who committed a year ago when the event was announced included Treasure Island Casino owner Phil Ruffin, and Bobby Baldwin, an MGM Resorts International executive and CEO of CityCenter. Baldwin is the 1978 World Series of Poker Main Event champion.

Some of poker's top names are in the field, which was at 46 players as of Friday afternoon, including 2010 World Series of Poker Main Event champion Jonathan Duhamel; Daniel Negreanu; Brian Rast; Michael Mizrachi; Mike Sexton; Gus Hanson; Bertrand Grospellier; and Phil Ivey.

If all 48 spots are filled, the top prize will be $18,346,673, easily eclipsing the World Series of Poker first-place payout record held by Jamie Gold, who won $12 million at the 2006 Main Event.

The winner will also receive a special platinum World Series of Poker championship bracelet.

Garber, is precluded from playing because of his role in Caesars Entertainment, but he donated $111,111 to One Drop. He said he's confident the tournament would reach 48 players.

Laliberte is putting his $1 million into the pot.

In an interview with Card Player Magazine, Laliberte said his connection with high stakes poker players and wealthy businessmen has made the event a success.

"I brought up the idea for a $1 million buy-in tournament," said Laliberte, who approached Garber about the idea at a hockey game in Montreal last year.

"I thought it could happen if we included a charitable element."

ESPN plans to televise the final table of nine players live on Tuesday. From 1 p.m. to 5 p.m., Pacific Time, the event will be shown on ESPN2. After 5 p.m., the action will be shown on ESPN until a winner is declared.

Related Links
Ranked Online Poker Rooms
World Series of Poker Gaming Vendor Information


Copyright GamingWire. All rights reserved.
Featured Vendors
Global Gaming Expo (G2E)
Top One Tech Limited
Global Gaming Expo (G2E)
The largest gathering of global, commercial and tribal gaming professionals in North America.
Top One Tech Limited
Global Touch solution partner of choice, 10+ years OEM manufacturing, 100,000+ units application
Rymax Marketing Services, Inc.
Slot Machines Unlimited
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
Dable Advisory & Consulting Services
Regulatory Management Counselors, PC
Dable Advisory & Consulting Services
Advisory & consulting services services for Indigenous entrepreneurs, businesses & organizations
Regulatory Management Counselors, PC
Over 45 years of experience serving the legal and regulatory needs of casino industry clients
TribalHub
Talisman Group Creators of EZ Baccarat
TribalHub
25th Annual TribalNet Conference Sept 16-19, 2024 Westgate Las Vegas
Talisman Group Creators of EZ Baccarat
With over 800 tables in 150+ casinos, EZ Baccarat is the number one brand in baccarat.
Indian Gaming Association's Mid-Year Conference & Expo
Sunkist Graphics, Inc.
Indian Gaming Association's Mid-Year Conference & Expo
The perfect combination of learning, networking & sharing ideas on today's hottest topics in gaming
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
AmericanChecked
Casino City Press
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Players Pal
Oklahoma Indian Gaming Association (OIGA) Conference
Players Pal
Revolutionize the way you connect with your casino players with the Players Pal mobile app
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: August 12-14, 2024 Oklahoma City
Shenzhen ZhengYuanTai Technology Co., Ltd.
Imagine This
Shenzhen ZhengYuanTai Technology Co., Ltd.
14 years experienced gaming display manufacturer: open frame, curved, and halo monitors
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
Betson Imperial Parts & Service
Casino Schedule Ease
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
Casino Schedule Ease
Full Featured & customizable for the complex scheduling needs of table games & other casino depts
Texas Slots & Gaming
Texas Slots & Gaming
Wholesale gaming reimagined. Texas Slots & Gaming is your sustainable gaming partner.


Your Guide to 14,958 Gaming Industry Suppliers