sanghoki Announces PKR Live

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Following the lead of giants like Full Tilt Poker and sanghoki , PKR announced that they will host their own live poker event. PKR Live will be held at the Loose Cannon Club (is that really their name?) in London from November 14-16th. What makes the PKR event unique is that they’re not nosebleed buy-ins. Instead PKR is offering a much lower cost of admission to these events starting with a $60 Freezeout on day one, a two day $500 Main Event, followed by a $10,000 Freeroll on the 16th.

PKR Marketing Director Simon Prodger offered: “This marks another important moment for PKR. We always strive to give our players the best experience in online poker but we also know that many of our players enjoy playing live. So now we are crossing the bridge to bring some of our fantastic PKR community together for a truly one-of-a-kind festival.”

PKR online players will have a shot at winning 150 seats to this event that will consist of a $1,000 package to play all events plus lodging and travel expenses. You can also win your way in via Satellite for as little as $2.38 or via a series of Freerolls. Those living under rocks with no Internet access can also play in the live $25.00 Satellites that will be hosted at the live event.

For more info, check out PKR.com

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Online Poker – Cereus Business

Some silly rumor was floated around over the last 48 hours about the demise of the Cereus Poker merger of Absolute and Ultimate Bet. It wound up being pretty much blown out of the water but it does make for an interesting conversation – Is consolidation the best thing for the online poker business?

Rough math figures that a few million dollars in rake is generated every DAY in the online poker world. Big bucks for sure. And just like in the brick and mortar world, some players enjoy playing rooms that are off the beaten path and some prefer playing the larger rooms. With the economy rocking in the US and Europe and the tricky legal landscape that US facing poker room operators face, some are taking the Cereus route and merging. Others are likely to stand on their own for some time.

Here’s something to chew on. If the US ever paved the way for legal online gambling and Google decided to jump into the fray, would everyone play there? What if Microsoft decided to play ball? You already know the known gambling brands such as MGM, Wynn, Boyd Gaming, etc would certainly be players as well. How would the little guys compete? It’s all speculation right now but with the amount of potential revenue on the line it could be a real scenario one day.

So where do you stand? Would you stick with Full Tilt Poker or would it even be considered “cool” to play “Google Poker”?

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