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Poker News in Brief: Aug 24-30, 2009
With champions crowned at APT Macau, EPT Kyiv and the WPT Legends of Poker, it was a busy week in the poker world.
As always the PokerListings news team has brought you all the headlines from across the globe, but there were a few stories that didn't quite make the front page.
As part of PokerListings' ongoing News in Brief feature, we've compiled a list of those stories below.
Hellmuth antes up for the cops
Phil Hellmuth is set to host the 5th annual Hold'em For Heroes Celebrity Poker Tournament Nov. 19-21 at the Fort McDowell Casino in Scottsdale, Arizona.
Last year, the event collected over $500,000 for the TASER foundation, which raises money to benefit families of police officers that have lost their lives in the line of duty.
"Over the last several years, and especially since 9/11, my respect for policemen, firemen and the people who protect us has risen higher and higher," Hellmuth said.
There will be three tournaments running during the three-day event including a $115 buy-in with unlimited $50 re-buys and a $50 add-on Nov. 19, a $265 buy-in with unlimited $125 re-buys and a $125 add-on Nov. 20, and a high-roller $1,000 buy-in with unlimited $500 re-buys and a $500 add-on Nov. 21.
Half of all the buy-ins, re-buys and add-ons will be donated to the TASER Foundation.
First prize in the high roller event is a seat at the 2010 WSOP Main Event.
The Cash Machine is open
PartyPoker has a new promotion starting Sept. 1.
The "Cash Machine" runs until Sept. 28 giving players the chance to convert PartyPoints into cash.
Players need to earn 10 or more PartyPoints on at least 10 days prior to the 28th.
At the end of the promotion, PartyPoker will look at the PartyPoints collected on a player's 10 highest-earning days and pay the player $1 per point on the lowest of those days.
PKR Live returns
PKR Live will be back in London Nov. 20-22 with $180,000 up for grabs.
This third incarnation of PKR Live is a three-day festival at London's Loose Cannon Club featuring a massive welcome party, a $1,000 buy-in main event and a $200 PKR bounty tournament.
Satellites are already up and running on PKR for as little as $5.25. Direct buy-ins will be available for PKR players.
Titan launches $1 million tournament
Starting in September, Titan Poker is giving players a chance to win their share of one million dollars every month.
The inaugural $1,000,000 Guaranteed Prize Tournament will be held Sept. 13 at 18:00 GMT with a $500+$35 buy-in.
Satellites are also available with buy-ins as low as $1+$0.10.
PokerStars corrects inaccuracies
PokerStars claims a number of recent news reports have included estimates about its market share in the U.S. which are significantly wrong.
While PokerStars continues to serve customers in the U.S. based on the legal advice it has received, the PokerStars public relations department says, in terms of both player liquidity and revenue, the U.S. market represents substantially less than 50% of its business.
PokerStars also claims that even after discounting the U.S. market, its liquidity and revenues are still more than twice that of any other online poker site.