COVID-19 Charity Event on GGPoker Raises More Than $350,000
The second part of the World Series of Poker (WSOP) Online Bracelet Series on GGPoker includes a charity event which successfully concluded on July 26.
Event $33: $1,111 buy-in Every 1 for COVID Relief attracted a massive field of 2,323 entrants from all over the world, raising a total of $257,853 for the Caesars Cares assistance fund.
Each participant donated $111 of their entry fee to the fundraising drive which will benefit Caesars Entertainment employees who are severely affected by the COVID-19 crisis. GGPoker pledged another $96,903, bringing the total donation to $354,756.
Previous efforts by GGPoker also resulted in more than $250,000 raised for various causes over the past six months. The said amount was reached by also hosting multiple charity tournaments, participated in by the global poker community.
The $1,111 Every 1 for Covid Relief (Caesars Cares) was taken down by Canada’s Alek Stasiak after defeating Argentina’s Martin “colinchow” Ilobera heads-up to secure his first-ever gold bracelet, along with the top prize of $343,203.53. Ilobera settled for second for $246,765.50.
The rest of the final table was made up of Norihiro “orzorz” Otani (9th), Stewart “Stew_233” Kilpatrick (8th), Andreas “Addichip” Phouli (7th), Evan “NEONPILS99” Parkes (6th) and David “BatSoup789” Montoya (5th). Abhinav “OBellaCiao” Iyer and Harry “Vulvasore” Lodge finished 4th and 3rd respectively.
GGPoker To Continue Fundraising Efforts
Ty Stewart, Executive Director for the WSOP, thanked GGPoker for its tremendous contribution towards raising much-needed fund for Caesars Cares, which will help big time in supporting Caesars Entertainment team members who are currently struggling to cope with the financial challenges brought about by the COVID-19 pandemic. He welcomed GGPoker’s decision to boost the donation by adding almost $100,000 from its own pockets.
Daniel Negreanu couldn’t be prouder of the brand he’s currently representing, citing its efforts of bringing tournaments that allow the worldwide poker community to work together and help those bearing the brunt of the ongoing global health emergency. The Poker Hall of Famer said the team at GGPoker will continue to organize fundraising events for worthy causes in the future
In March, Caesars Entertainment announced a temporary shutdown of its network of properties in North America, in compliance with government directives to prevent the spread of the coronavirus, affecting thousands of workers. The company gave an assurance that its liquidity position is strong enough to meet obligations in the middle of the crisis, though it needed to cut its operating and capital expenses to better deal with the situation.