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New poker league announces dates and formats

17 February 2011

LOS ANGELES, California -- (PRESS RELEASE) -- Federated Sports and Gaming (FS+G) and the Palms Casino Resort announced today the dates and formats for the first season of their professional poker league tournaments.

All league events will take place at the Palms Casino Resort. There will be four different events in the inaugural season, along with a championship event. Each event week will include a Pro-Am event, a charity tournament, and a $20,000, rake-free Main Event.

2011-12 Federated Sports and Gaming Season I Tournament Schedule

Event #1 ---- August 12-16, 2011

Event #2 ---- Sept 30 – Oct 7, 2011

Event #3 ---- December 1-10, 2011

Event #4 ---- January 20-27, 2012

Championship ---- January 29-30, 2012

The four Main Events will feature different formats of No-Limit Texas Hold'em, including six-handed play, a heads-up tournament with an innovative seeding structure, and a special multi-format tournament to round out the season.

"We decided to vary the format of our events to showcase and challenge the skill of the best live tournament players in the world," said Annie Duke, Commissioner of the new Federated League. "Our Pro-Am events will create opportunities for break-out stars to shine."

Each league Main Event is a $20,000 buy-in with no rake for league members. FS+G will also provide generous prize pool overlays across the four Main Events, along with a $1 million free-roll Championship event for the top 27 players in the league standings.

"We are excited to host a series of amazing poker events," said Palms owner George Maloof. "No poker organization of its kind can compare to this professional league, and we look forward to celebrating its long term success."

Players who do not qualify for a league card will have an avenue to play their way in to the regular season Main Events. Each tournament week will begin with a $1,500 Pro-Am event in which the top nine finishers will be awarded a temporary league card for that week's league Main Event.

The nine Main Event buy-ins will be withheld from the Pro-Am tournament prize pool and the remaining prize money will be awarded to the top 10% of the Pro-Am players, including the players who are awarded the temporary league cards. The Pro-Am tournament will be open to all players 21 years and older.

"Because the Main Events have four or more days to play down to a winner from a start of approximately 200 players, we believe it will offer the best, most friendly structures for the skilled player out there," said Duke. "Great structures, no rake and generous overlays are integral to our celebration of the best live tournament players in the world."

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