August 31, at Macau, in Starworld Casino there will be a special tournament with a buy-in of HK $ 2 million, which is approximately $257’000 — High Stakes Challenge... The tournament is designed for 80 participants, most of whom will be local businessmen. There are already famous names in the list of participants - Gus Hansen, Phil Ivey, Sam Trickett, Tom Dwan, Erik Seidel, Johnny Chan, Andrew Robl, John Juanda and Joe Hachem.
The most interesting thing about this tournament is its format. The blinds will increase by 30 minutes, making it clear that this is turbo... Moreover, players can rebuy the first four levels for 100'000 chips for $257'000.
The tournament could set a new record for the prize money for the winner outside of Las Vegas, since, according to rough estimates, the winner will receive about $5 million.