Guy Laliberté Announces €1-Million Big One for One Drop Invitational

This year, the Big One for One Drop poker tournament will not be held as part of the WSOP festival in Last Vegas for the very first time since its inception back in 2012. Instead, the event will take place within its own festival – the Monte-Carlo One Drop Extravaganza. Casino de Monte-Carlo in Monaco will play host to the exciting tournament, which is slated to run from October 13-17 with the aim of promoting and raising funds for the One Drop charity foundation.

The event will be the product of the joint work between gambling operator Caesars Interactive Entertainment and Monte Carlo Société des Bains de Mer.

The actual Big One for One Drop Invitational will start on July 14. The event will be a three-day one and will feature a buy-in fee of €1,000,000, thus becoming the highest buy-in tournament in history. The amount of €111,111 of each entry’s buy-in would go to the One Drop charity organization. The rest of the money will directly become part of the overall prize pool. Another important thing to take into account is the fact that there will be unlimited re-entry option until the end of Day 1.

As it could be seen, the tournament would be an invitational one. Its two previous editions saw some of the world’s best poker professionals as well as industry personalities and well-to-do recreational players enter it. This year, it will be dedicated to poker enthusiasts only. Businessmen, celebrities, and other well-known philanthropists would be invited to take part and to contribute to the promotion of the good cause. Apart from the lion’s share of the prize pool, the eventual winner will also receive a platinum ceremonial bracelet, hand-crafted exclusively for the event by famous jeweler Richard Mille.

Generally speaking, ONE DROP is a non-profit organization founded by none other but the founder of Cirque Du Soleil – Guy Laliberté. Since its establishment in 2007, the charity has been working on raising funds for the provision of water to developing countries and for offering communities from these countries the chance to take care for themselves and their families in a sustainable manner.

Commenting on the upcoming Big One for One Drop, Mr. Laliberté said that since it was first held in Las Vegas four years ago, they knew that it was a unique event. By holding a recreational tournament in Monaco, organizers have wanted to attract the attention of high net-worth people from around the world who would be more than glad to contribute to the good cause, while at the same time basking in the thrill poker offers and enjoying the other exclusive networking opportunities they will be provided with.

Caesars Interactive Entertainment CEO Mitch Garber commented that poker events have long ago proved to be among the most successful charitable initiatives and that the Big One for One Drop tournament will certainly reach new heights in that course.

Related News

CasinoNewsDaily is a media focused on providing daily news from the casino industry as well as in-depth gaming guides. Our guides cover roulette, blackjack, slots and video poker.
Tweet about this on Twitter
Twitter
Share on Facebook
Facebook
Share on LinkedIn
Linkedin
Share on Reddit
Reddit