David “Chino” Rheem Wins Inaugural Epic Poker League Main Event at Palms Casino Resort

Rheem Takes Home $1 Million First Place Money and Champion’s Ring

LAS VEGAS--()--After four action packed days of competitive poker play among many of the world’s best live tournament professionals at Palms Casino Resort in Las Vegas, David “Chino” Rheem is the first Epic Poker League Main Event Champion. Rheem resides in Los Angeles, Calif. and adds his winnings tonight to his world lifetime earnings of $4,710,297.

On the final hand of this 6-Max tournament, which features six players to a table, Erik Seidel pushed all-in with A-Q. Rheem holding A-K, called and secured the win when Seidel failed to improve. CBS Television Network and Discovery Communications’ Velocity will broadcast the action from the Inaugural Main Event this Fall.

"I'm proud to be the first Epic Poker League Main Event Champion,” said Rheem. “This league is setting a new standard for poker players and I'm committed to using this win as an opportunity for a fresh start."

The elite final table included poker professionals Erik Seidel, Hasan Habib, Jason Mercier, Gavin Smith and Huck Seed.

"It was a real thrill to participate in the final table of the first ever Epic Poker League Main Event,” said Seidel. “It was one of the more exciting final tables I have ever played. What's special about this league is that the best players in the world compete against each other and ensure that fans will see high-level play across the board. I can say with certainty that the Epic Poker League is good for poker and puts players first. I think it deserves the complete support of the entire poker community."

Rheem and Seidel have both secured their spots in the season-ending $1,000,000 Epic Poker League Championship Freeroll, which is open to the 27 players with the highest earnings in the four regular season Epic Poker League Main Events. With their respective earnings of $1,000,000 and $604,330, Rheem and Seidel are each guaranteed one of those 27 seats. The Epic Poker League Season One Leaderboard can be viewed on www.epicpoker.com.

“Crowning our first Main Event champion was so exciting,” said Annie Duke, commissioner of the Epic Poker League. “The final table of this event featured some of the most skilled and most recognizable live tournament players in the world. It has been a pioneering week for the Epic Poker League at Palms Casino Resort and we thank every player that participated.”

"We are pleased with the first event of Epic Poker League's inaugural season and look forward to continued success on our property during the second event in September," said George Maloof, owner of Palms Casino Resort. "We congratulate David, and know poker fans and aspiring enthusiasts around the world will be impressed with the Epic Poker League broadcasts later this Fall."

Fifteen of the top twenty ranked players in the world, according to the Global Poker Index, played the first Epic Poker League Main Event. As play neared the money, it became clear that a new GPI #1 would emerge as GPI #2 Erik Seidel, GPI #3 Jason Mercier, and GPI #4 Eugene Katchalov, were all poised to cash.

With Katchalov finishing 8th, Seidel and Mercier began a battle for the top spot with the player who finished higher capturing GPI #1 and the other settling for GPI #2. Seidel’s second place finish ahead of Mercier’s third secured Seidel the top spot of the GPI rankings.

The Epic Poker League Inaugural Season at Palms Casino Resort includes three remaining rake-free $20,000 Main Events, each with $400,000 in added money, and a $1,000,000 freeroll Championship Event for the top 27 players in the League. To be eligible to compete, Main Event players must earn membership determined by a rigorous set of objective criteria (http://www.federatedinc.com/poker-league/qualification-criteria). A complete roster for players that have qualified for Season 1 of the league can be found on the FS+G website at: http://www.federatedinc.com/poker-league/season-one-roster.

The four Season One Main Events feature different formats of No-Limit Texas Hold’em, including six-handed play, a heads-up tournament with an innovative seeding structure and a special multi-format tournament to round out the season. Each event week will include a Pro-Am event, a charity tournament, and a $20,000 buy-in rake-free main event (http://www.federatedinc.com/our-companies/poker-league/event-schedules).

2011-12 Federated Sports + Gaming Season I Tournament Schedule at Palms Casino Resort

    Pro-Am       Charity Tournament       League Main Event    
 
Event #2 September 2 - 5, 2011 September 4, 2011 September 6 - 9, 2011
 
Event #3 December 9 - 12, 2011 December 11, 2011 December 14 - 18, 2011
 
Event #4 January 27 - 30, 2012 January 29, 2012 February 9 - 12, 2012
 
Championship ---- ---- February 13 - 14, 2012
 

About Federated Sports + Gaming (FS+G)

FS+G is a leading poker entertainment company that serves players and fans through nationally televised events, interactive digital programming and social media gaming.

The company is breaking new ground in poker with the launch of the Epic Poker League (www.epicpoker.com) – an exclusive tournament series at the Palms Casino Resort designed to serve more than 200 of the world’s top live tournament players, as determined by a set of objective, analytically rigorous qualifying criteria. In its first year, the Epic Poker League is staging four $20,000 rake-free Main Events for its members and awarding to its champion a $1 million cash prize.

Through its ownership of Heartland Poker Tour (HPT), FS+G also serves poker players and fans across the United States. Built on a grass-root strategy of “Real People, Unreal Money,” HPT provides poker enthusiasts across the country with a televised tournament experience that prides itself on affordable buy-ins. HPT has hosted more than 81,500 entrants, awarded more than $28.6 million in prize money, produced more than 170 hours of television content, and staged nearly 90 events since 2005.

FS+G has developed and made available for poker players and fans everywhere the Global Poker Index™ (GPI™), a patent pending system to rank and track the weekly performance of the world’s top 300 live tournament poker players. The GPI is distributed weekly through www.globalpokerindex.com, and through www.epicpoker.com.

FS+G has offices in Los Angeles, Fargo, N.D., and Washington D.C. For tournament schedules and information please visit www.federatedinc.com, www.epicpoker.com, www.HPTpoker.com and www.globalpokerindex.com.

About Palms Casino Resort

Palms Casino Resort, heralded as one of Las Vegas' hippest resorts, is an all-encompassing, one-stop destination. Owned by the Maloof family, the boutique property boasts three distinct towers and a diverse mix of bars and restaurants across a 95,000-square-foot casino. Premier amenities and world-renowned venues include 9 Group operated hotspots, such as Playboy Club; ghostbar; Rain Nightclub; Moon Nightclub; N9NE Steakhouse; Nove Italiano and Palms Pool & Bungalows; as well as The Pearl concert venue; Little Buddha; Simon Restaurant & Lounge; Palms Spa and AMP Salon; Drift Spa & Hammam; LA Sunset Tan; Brenden Theatres, a 14-theatre Cineplex; Huntington Ink Tattoo Lounge; the Fantasy Suites, including the Hardwood Suite, the only hotel room in the world with its own basketball court; and over 60,000 square-feet of meeting space. Palms has played host to MTV’s Video Music Awards, Real World: Las Vegas and Bravo’s Celebrity Poker Showdown, and E!’s Girls Next Door and Sunset Tan feature the resort on a regular basis. Palms Casino Resort is located just west of the Las Vegas Strip and I-15 on Flamingo Road. For room reservations, call toll free at (866) PALMS-RES, (866) 725-6773, or visit www.palms.com. For groups of 15 rooms or more, contact the Sales Department at (866) PALMS-MTG or (866) 725-6768.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6829683&lang=en

Contacts

Rogers & Cowan
Heather Krug, 310-854-8156
hkrug@rogersandcowan.com
or
Rogers & Cowan
Tara Moore, 310-854-8166
tmoore@rogersandcowan.com
or
Palms Resort Casino,
Larry Fink, 702-942-6843
larry.fink@palms.com

After four tournament days, 35 hours of playing and 212 hands at the final table, David "Chino" Rheem has won the inaugural Epic Poker League Main Event. He was awarded the first Champion's Ring along with $1,000,000. (Photo: Business Wire)

After four tournament days, 35 hours of playing and 212 hands at the final table, David "Chino" Rheem has won the inaugural Epic Poker League Main Event. He was awarded the first Champion's Ring along with $1,000,000. (Photo: Business Wire)

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Release Summary

David “Chino” Rheem is the first Epic Poker League Main Event Champion.

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Contacts

Rogers & Cowan
Heather Krug, 310-854-8156
hkrug@rogersandcowan.com
or
Rogers & Cowan
Tara Moore, 310-854-8166
tmoore@rogersandcowan.com
or
Palms Resort Casino,
Larry Fink, 702-942-6843
larry.fink@palms.com