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AsianLogic
takes over Key Eastren Tours
Asian Logic which
has been recently included in London AIM and
Playtech as an associate, they have together
made a major Asian tournament coup with an
acquisition of growing Korean Professional Poker
Tour and Asian Poker Tour. This online gaming
company is Asian based which is seeking to be
included in London listing. The land based
company and online company of Asia-Pacific
stated that it has done a contract with Capital
Events which is a Singapore based company and
will be taking over APT.
Capital Events is the main investor with APT and
mainly responsible for holding major events in
Singapore. With Korean Professional Poker Tour
which is a shareholder joining hands APT had
made its position stronger in Asia. The online
and the land-based tournaments of APT will be
managed by AsianLogic and will be having full
control on the brand and URLs of APT. This will
allow to have an access to widespread database
of the players of APT and in return will be
diverting the online traffic to the AsianLogic
poker websites. APT making use of Playtech
software will be launching online play for fun
and play for real poker.
Mr. Parker who is the Chief Executive Officer of
AsianLogic said that this IPO is proof of the
effective planning for enhancing the reach of
the users and the improving the market position
of AsianLogic in Asia-Pacific. The talk was
going for so long with APT as they are having a
strong presence in the Asian countries. The year
of 2008 will witness four tournaments from the
land and online players. Efforts were being made
with Korean Professional Poker Tour and
improving the team. It also provides with some
advantage at Korea and it is also one of the
major poker communities in Asia.
APT tournament will be one of its kind
tournaments taking place in Asia and every
single event is offering one million American
dollars. As for other features of the tournament
those will be offered to the players with the
sponsors. It will be a part of APT and it will
be very attractive and the success of the tour
is also assured.
Gaming Consultants and Global Betting made a
prediction that the market for Asian Poker will
grow by more than twenty percent in the next
four years. Macau Government in a recent
statement said that casino holders will be
issued allowance of personal games and poker
tournaments of Texas Hold’em in China’s Special
Administrative Region.
Mr. Kim who is the Chief Executive Officer of
Korean Professional Poker said that AsianLogic
is the market leader in Asia and was quite
pleased with APT plan and their approach towards
the game in Asia for both online and land-based.
Miss Wee who is Director of Capital Events also
said that after the success of Asian Poker Tour
in Singapore she is quite happy with the
partnership with Capital Events, AsialLogic, and
Korean Professional Poker Tour for bringing more
online poker in the Asian areas. This
corporation will take the poker to newer heights
in the Asian countries.
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