Latest news with #EPT
Wales Online
16-05-2025
- Entertainment
- Wales Online
The high stakes poker event that has been making millionaires for 20 years
The high stakes poker event that has been making millionaires for 20 years The PokerStars European Poker Tour has just celebrated its 20th anniversary, and the EPT Monte Carlo festival is still one of the most prestigious events on the calendar The view from Monte Carlo Bay Hotel & Resort during EPT Monte Carlo (Image: Tom Victor ) The European Poker Tour is celebrating its 20th anniversary, and the Monte Carlo tournament is a standout event in the poker calendar. During the recent PokerStars European Poker Tour event at Sporting Monte Carlo, commentator Joe Stapleton named it a quintessential experience for those looking to try their hand against top players. "I think that as far as the way that poker is regarded, there's different ways of looking at it," Stapleton told the Mirror. "Some people look at it as the World Series of Poker and a Vegas thing, some people look at it as a home game thing. "Some people look at it as a smoky room kind of thing. But some people look at it like the James Bond, tuxedos, Ferraris type of thing, and you get a little bit of that here. "And I think that's the sort of thing that is always going to be appealing - especially to people who haven't ever experienced it for themselves. I think Monte Carlo specifically is a great first experience for an EPT event." Even seasoned players like Noah Boeken, who attended the inaugural tournament in 2005, remain captivated by the event's atmosphere at the age of 44. Boeken, clearly still enamoured with the setting, shared his appreciation: "I love this room. I just sent my girlfriend a video of when the roof goes open at the start of the day and the end of the day when the curtains come up. It's beautiful. I love big spaces and this room is amazing." Article continues below Noah Boeken during EPT Monte Carl (Image: Danny Maxwell/Rational Intellectual Holdings Ltd 2025 ) Having clinched a title in Copenhagen during the tour's first season and pocketing €147,679 twenty years ago, Boeken is among the few from that time still participating. Reflecting on the early days, he said, "You'll always remember season one. "Rob Hollink won the first one here, a Dutch guy, a friend of mine. I won season one Copenhagen and that was on TV. "I remember they built a stage the same as they do now but there were 200 people watching. You can't imagine it now but back then it was like 'oh my god, the final's going on'." Boeken expressed his amazement at the longevity of the tour and his own journey within it, adding: "It's just amazing that this tour is still going on for 20 years and I'm happy to still be there. I used to be the youngest and now... I'm not the oldest but I'm not the youngest any more. As the tournament progresses, the stakes rise on day two, with players having invested €5,300 to compete, though some qualify for less through satellite events. The top 175 out of 1,195 will secure at least €8,500, while the champion stands to win a staggering million euros. Boeken managed to navigate a tense hour of gameplay, as the player count dwindled from 178 to 175. He clinched 129th place, pocketing just under $10,000 - marking his largest live cash win in 2025 so far, but a modest sum compared to larger earnings from earlier in his career. Joe Stapleton speaking at EPT Monte Carlo 2025 (Image: Danny Maxwell/Rational Intellectual Holdings Ltd 2025 ) Stapleton is set to join the live broadcast team alongside seasoned host James Hartigan. Hartigan started covering EPT Monte Carlo for PokerStars back in 2008 and describes his commentary role as akin to that of a commentator on Test Match Special, with the aim of enhancing the natural excitement of the players and gameplay while keeping viewers engaged. The poker tables often attract celebrated figures from various realms. Chris Eubank Jr has arrived for an exclusively organised cash game, and celebrities from sports and film circles have made appearances in previous years. "I remember Kevin Hart being here in 2017," Hartigan recounts. "Obviously we've had a lot of sports stars here over the years, Boris Becker, Rafa Nadal... we've had charity events here which people have come in specifically for, Neymar of course has played here for a few years. That's a huge part of poker, the fact that you never know who you're going to be sat down with, it's the only game in the world where you can be playing with elite professionals and celebrities and some bloke who lives three streets from you." A handful of poker professionals from the early days are still returning to the game. "I would say very few, but ironically what happened... you see people come and go, you see a few consistent faces, but post-pandemic you suddenly saw a lot of the faces you hadn't seen for maybe 10 or 15 years came back," Hartigan explained. "Because they had rediscovered poker online and then wanted to get back on the live circuit," he explains. "But there's one name who I'd always say is a consistent thread is Patrik Antonius. He lives here and jokes about the fact that he can literally walk to the venue, but he's also one of those few players who has just consistently remained competitive and relevant for all of those years, playing the highest stakes, still playing the super high rollers here. He is probably the person I associate with Monaco more than any other, partly because it's his home town but also because he still comes here and still plays the events here." Patrik Antonius has been a fixture on the European Poker Tour for 20 years (Image: Danny Maxwell/Rational Intellectual Holdings Ltd 2025 ) Antonius, the Finnish pro who clinched his first EPT main event in Baden in 2005, is among the contenders aiming to join the exclusive club of two-time winners. Victoria Coren Mitchell was the pioneer, securing her first win in 2006 and her second eight years later, with only two others achieving the same feat, yet no one has managed to win twice at the same location. Despite the high stakes, there's no shortage of eager participants, with the first events split into two sessions across Sunday and Monday. There were several past Monte Carlo champions in attendance, including Nicolas Chouity (who pocketed €1.7m for his victory in 2010), Steve O'Dwyer (€1.2m in 2013) and Adrian Mateos (€1.1m in 2015 and an additional €1.4m in the Super High Roller in 2022). The 2025 iteration of the Super High Roller is taking place just a stone's throw away in The Americas Room at the Monte Carlo Bay Hotel and Resort, where the atmosphere is decidedly more laid-back. Entry alone costs a cool €100,000, with over €2m up for grabs for the winner and €1.3m for the runner-up. Yet one of the newly minted millionaires - sporting merchandise from three different poker companies - blends in so well that you could easily mistake him for any ordinary European chap in his twenties if you bumped into him on the street. Of course, not all those vying for the big bucks are quite so inconspicuous. "There was one guy - I don't remember his name - he showed up to play the €100k Super High Roller one year and I heard that his boat had docked, he had no plans to play, he heard about it, he drove his Ferrari off the boat up to the front door and entered the event," Stapleton recounts. "I think he was out in seven or eight minutes, back in his Ferrari, back on the boat an hour later. That's the kind of story you don't really hear that often, especially in places other than this." Action from the €100k Super High Roller at the 2025 EPT Monte Carlo (Image: Danny Maxwell/Rational Intellectual Holdings Ltd 2025 ) Hartigan and Stapleton jest that, armed with their current knowledge as keen amateurs, they could have held their own in the 2005 Monte Carlo poker scene. At that time, even the top players only knew a fraction of what is known about the game today. "If you look at how it was then, it was cowboys, it was crazy people, it was people with money but people that didn't know much about poker - including the pros," Boeken recalls. "We were pros, we were better than the rest, but if you put us [in games] now with our skill levels from back then, we would stand no chance." However, one constant remains: the enduring appeal that keeps many returning. The European Poker Tour used to operate like a football season, running from September to May, culminating in a grand final in Monte Carlo. Now, it's just another stop on the tour, but being there makes it feel more than 'just another stop'. "I think, having won or final-tabled this event, any time you go back in that room the memories would come flooding back," Hartigan reflects. "Even if you bust day 1, even if it doesn't work out for you this time, it's still going to have a very positive memory to play in that space. "I think if you look at all of the stops on the EPT they all have their strengths, they all have their plus points, and that's why i can't give an answer to 'which is your favourite EPT, but I say it and i mean it when i say this is the best poker room we play in. James Hartigan at the poker table (Image: Danny Maxwell/Rational Intellectual Holdings Ltd 2024 ) "I call it the most beautiful poker room in the world, and it is. The fact that you have, and I know that for reasons of tv we often have to have the curtains closed and the roof closed, but the fact that you can have that view over Monte Carlo Bay, the fact that you can have that roof open like Blofeld's volcano, it's just amazing, it's an incredible experience." The final table took place on Saturday, guaranteeing each of the top eight players a six-figure prize. The game was won by Aleksandr Shevliakov, who home the seven-figure grand prize. Following this events, some participants will compete in other European tournaments, while others may take a break before heading to Vegas in the summer. One certainty was that a new champion would be crowned, as all previous winners were eliminated before the final day. Article continues below Those seeking a second victory will get their next opportunity in Barcelona in August, with additional EPT events lined up in Malta and Prague later in the year. The desire to win remains strong for some, as Boeken states: "I'm still chasing that second win but I'm going to get there one day." If you think you've got what it takes to sit down with the pros at the virtual tables, check out the PokerStars Spring Championship of Online Poker from May 11:
Daily Mirror
10-05-2025
- Entertainment
- Daily Mirror
Inside the multimillion-Euro poker tournament that sparks James Bond comparisons
The European Poker Tour has held events in Monte Carlo for 20 years and there are reasons why the billionaires' playground continues to attract big crowds year on year It's Tuesday morning in Monaco and a small crowd has gathered at the entrance to the Salle des Etoiles. The 'etoiles' in question, the stars embedded into the roof of the main poker room at Sporting Monte Carlo, are slowly fading out of view as the roof slides open, unveiling a beautiful view of Monte Carlo bay. It's the second day of the PokerStars European Poker Tour Monte Carlo, one of poker's most prestigious events, and one which poker commentator Joe Stapleton considers one of the best experiences for any poker player with a few thousand Euros to spare and a dream of playing the game with the world 's best. I'm due to interview him on the other side of the tournament venue at 10.45am, but we agree to wander down to reap the benefits of something that only happens once per day. 'I think that as far as the way that poker is regarded, there's different ways of looking at it,' Stapleton says. 'Some people look at it as the World Series of Poker and a Vegas thing, some people look at it as a home game thing. "Some people look at it as a smoky room kind of thing. But some people look at it like the James Bond, tuxedos, Ferraris type of thing, and you get a little bit of that here. 'And I think that's the sort of thing that is always going to be appealing - especially to people who haven't ever experienced it for themselves. I think Monte Carlo specifically is a great first experience for an EPT event.' It's not just the first-timers who find themselves standing and watching in awe. Noah Boeken was here for the first edition of the tournament back in 2005, and even now - aged 44 - he's excited to soak in the atmosphere. 'I love this room,' he says. 'I just sent my girlfriend a video of when the roof goes open at the start of the day and the end of the day when the curtains come up. It's beautiful. I love big spaces and this room is amazing.' Boeken was one of the young bucks who won a title during the first season of the tour, He earned €147,679 for a victory in Copenhagen a full 20 years ago, and he's one of only a handful still standing from that era. 'You'll always remember season one,' he says. 'Rob Hollink won the first one here, a Dutch guy, a friend of mine. I won season one Copenhagen and that was on TV. 'I remember they built a stage the same as they do now but there were 200 people watching. You can't imagine it now but back then it was like 'oh my god, the final's going on'. 'It's just amazing that this tour is still going on for 20 years and I'm happy to still be there. I used to be the youngest and now... I'm not the oldest but I'm not the youngest any more.' Day two is when players get into the money. It has cost them €5,300 to take part, though some have qualified for less than that via satellite events, and the top 175 finishers - from a field of 1,195 - will lock up a minimum of €8,500. The winner? They'll leave with a cool million. Boeken is one of those to survive a tense hour or so of play as we slowly get down from 178 to 175. He makes sure not to go home empty-handed, eventually finishing 129th and winning a shade under $10,000 - his biggest live cash of 2025 so far but a drop in the ocean compared to some of the six-figure scores from earlier in his career. Stapleton, meanwhile, will be part of the live coverage, along with long-time host James Hartigan. It was back in 2008 that Hartigan reported on EPT Monte Carlo for PokerStars for the first time, and he has likened his task to a Test Match Special commentator, complementing the entertainment provided naturally by the players and the action while keeping the viewers interested. Sometimes that can be easy, too, with some big names from other worlds often taking to the felt. Chris Eubank Jr is in town for a specially-arranged cash game, while athletes and film stars have stopped by in years past. "I remember kevin hart being here in 2017," Hartigan recalls. "Obviously we've had a lot of sports stars here over the years, Boris Becker, Rafa Nadal... we've had charity events here which people have come in specifically for, Neymar of course has played here for a few years. That's a huge part of poker, the fact that you never know who you're going to be sat down with, it's the only game in the world where you can be playing with elite professionals and celebrities and some bloke who lives three streets from you." There are still a few poker pros from those early years who keep coming back, too. 'I would say very few, but ironically what happened... you see people come and go, you see a few consistent faces, but post-pandemic you suddenly saw a lot of the faces you hadn't seen for maybe 10 or 15 years came back. Because they had rediscovered poker online and then wanted to get back on the live circuit,' Hartigan adds. 'But there's one name who I'd always say is a consistent thread is Patrik Antonius. He lives here and jokes about the fact that he can literally walk to the venue, but he's also one of those few players who has just consistently remained competitive and relevant for all of those years, playing the highest stakes, still playing the super high rollers here. He is probably the person I associate with Monaco more than any other, partly because it's his home town but also because he still comes here and still plays the events here.' Antonius, a Finnish pro who won his first EPT main event in Baden, Austria in 2005, is among a bevy of players looking to join an elite group of two-time winners. Victoria Coren Mitchell was the first to do the double, winning her first in 2006 and her second some eight years later, with just two more players following suit, but no one has won twice at the same venue. That's not for lack of trying. Walking around the Salle des Etoiles during the opening days (there are so many entrants that day 1 is split over two flights on Sunday and Monday) I spot several former Monte Carlo champions including Nicolas Chouity (who won €1.7m for his first-place finish in 2010), Steve O'Dwyer (€1.2m in 2013) and Adrian Mateos (€1.1m in 2015 and another €1.4m in the Super High Roller in 2022). The 2025 edition of that Super High Roller is being played a short walk away in The Americas Room at Monte Carlo Bay Hotel & Resort, where the vibe feels a lot more relaxed. It costs €100,000 just to sit down, and there's more than €2m for the winner and €1.3m for second, but one of the new millionaires - clad in merch from three separate poker companies - is nondescript enough that you could comfortably dismiss him as just a random twentysomething European if you passed him in the street. Not that this is true of everyone playing for big money, of course. 'There was one guy - I don't remember his name - he showed up to play the €100k Super High Roller one year and I heard that his boat had docked, he had no plans to play, he heard about it, he drove his Ferrari off the boat up to the front door and entered the event,' Stapleton says. 'I think he was out in seven or eight minutes, back in his Ferrari, back on the boat an hour later. That's the kind of story you don't really hear that often, especially in places other than this.' Hartigan and Stapleton both joke that, with the knowledge they have now as enthusiastic amateurs, they could be more than competitive in a 2005 Monte Carlo field. Back then, even the best poker players knew just a fraction of what they do now 'If you look at how it was then, it was cowboys, it was crazy people, it was people with money but people that didn't know much about poker - including the pros,' Boeken says. 'We were pros, we were better than the rest, but if you put us [in games] now with our skill levels from back then, we would stand no chance.' One thing that's consistent, though, is the willingness of so many to keep coming back. The European Poker Tour used to run like a football season, from September to May, with Monte Carlo branded as the grand final. These days it's just another stop on the tour, except it isn't really 'just another stop' when you're there. 'I think, having won or final-tabled this event, any time you go back in that room the memories would come flooding back,' Hartigan says. 'Even if you bust day 1, even if it doesn't work out for you this time, it's still going to have a very positive memory to play in that space. 'I think if you look at all of the stops on the EPT they all have their strengths, they all have their plus points, and that's why i can't give an answer to 'which is your favourite EPT, but I say it and i mean it when i say this is the best poker room we play in. 'I call it the most beautiful poker room in the world, and it is. The fact that you have, and I know that for reasons of tv we often have to have the curtains closed and the roof closed, but the fact that you can have that view over Monte Carlo Bay, the fact that you can have that roof open like Blofeld's volcano, it's just amazing, it's an incredible experience.' When I land back in London, the tournament is still going. The final table is scheduled to take place on Saturday, with each of the top eight finishers locking up a six-figure payday. After that, some of the players will take part in other European tournaments, while others might take some time off before going to Vegas over the summer. One thing's already guaranteed, though - there will be a new name on the trophy, with all the previous winners falling by the wayside before the penultimate day. Those going after a second win will have their next chance in Barcelona in August, with further EPT events scheduled for Malta and Prague before the end of the year, and the appetite will always be there for some. As Boeken puts it: "I'm still chasing that second win but i'm going to get there one day."
New Straits Times
01-05-2025
- Business
- New Straits Times
Economist backs SST expansion delay, suggests exploring digital tax alternative
KUALA LUMPUR: Postponing the expansion of the Sales and Service Tax (SST) is a prudent move with no evident drawbacks, according to economist Dr Geoffrey Williams. He cautioned that proceeding with the broader SST as planned would increase the cost of living for consumers and drive up operational expenses for businesses—costs likely to be passed on through price hikes. "There are no downsides to delaying the expansion of SST. The 2025 Budget estimates of revenue were strong, hence higher SST is not necessary. "For consumers wider SST coverage will raise the cost of living. For businesses it will increase costs. It would also raise prices and cost passed on to consumers. So delaying is better," he told Business Times. Williams also recommended that the government use this time to evaluate alternative taxation models, particularly the potential of an e-payments tax (EPT). He added that such a tax could offer a more efficient and future-ready solution than SST or the previously implemented Goods and Services Tax (GST). Williams said the government should undertake a thorough evaluation of the e-payments tax (EPT), noting that it could offer a far more efficient and effective alternative—particularly as Malaysia's digital economy continues to expand. Originally scheduled to take effect on May 1, 2025, the SST expansion has now been pushed to a later date. A Finance Ministry spokesperson confirmed the deferral, stating that the ministry had completed consultations with stakeholders and is now refining the scope and guidelines to ensure smooth execution. "The ministry has completed its nationwide engagements with multiple industries in finalising the scope of the expansion and the applicable tax rates. "The guidelines and scope are now being refined to ensure a smooth implementation," the spokesperson told Business Times. Meanwhile, Royal Malaysian Customs Department (JKDM) director-general Datuk Anis Rizana Mohd Zainudin reportedly said that the gazettement of the new SST provisions has been postponed to June 1, 2025. She noted that JKDM has received instructions from the Ministry of Finance to prepare draft legislation for the SST expansion, with enforcement only possible after it is officially gazetted. The SST changes, as outlined in Prime Minister Datuk Seri Anwar Ibrahim's 2025 Budget, include extending the tax to non-essential and premium imported goods such as salmon and avocados. Basic food items will remain tax-exempt. The revised framework also involves increasing the service tax rate from 6 per cent to 8 per cent and extending it to previously exempted business-to-business (B2B) commercial transactions—particularly fee-based services. While the delay offers temporary relief to both consumers and businesses, it also presents a valuable opportunity for policymakers to rethink Malaysia's broader tax framework, said a market insider. "This is a timely opening to explore more inclusive, transparent, and digitally aligned tax models that better reflect the nation's economic direction," the insider said. Meanwhile, Doris Liew, an economist specialising in Southeast Asia, said that in the short term, the delay is likely to offer temporary cost relief to businesses, which will ease immediate inflationary pressures. However, given that the government had previously signalled the intended hike, Liew said many businesses should have already factored this into their cost structures and pricing strategies, mitigating the extent of any immediate economic disruption during the policy rollout. She, however, said that postponing the SST expansion will naturally delay revenue collection, potentially affecting budgetary projections and the government's ongoing fiscal consolidation effort. Nonetheless, she said the decision may reflect a more cautious approach in light of heightened geopolitical risks and ongoing global trade uncertainties. "At a time when domestic resilience is critical, policymakers are likely treading carefully to avoid compounding economic shocks," she added. As for tax policy consistency, Liew noted that the delay is unlikely to undermine investor sentiment. She said most investors and businesses understand that policy recalibration is necessary in response to the rapidly evolving geoeconomic dynamics. Rather than seeing this as backtracking, she stated that many will likely interpret it as a sign of responsive governance. "The government also often engages with businesses before rolling out such policies, which helps maintain trust and ensure that future fiscal changes remain aligned with the realities on the ground," she explained.
Yahoo
21-04-2025
- Business
- Yahoo
Binance Announces Availability of Balance (EPT) on Alpha and Future
Binance has announced the upcoming availability of Balance (EPT) for trading on its Alpha platform, set to begin on April 21, 2025, at noon UTC. Concurrently, Binance Futures will introduce the EPTUSDT Perpetual Contract, which allows for leverage of up to 20x, starting at 1 p.m. UTC on the same day. Binance is the first platform to announce the listing of EPT for both Futures and Alpha trading. To celebrate this launch, Binance will distribute an airdrop of 3,500 EPT tokens to eligible users who have a purchasing history on Binance Alpha. These tokens will be credited to accounts before 12:10 p.m. UTC on April 21, 2025. Eligibility for the airdrop is limited to users who made purchases on Binance Alpha using Spot or Funding accounts between April 11, 2025, and April 17, 2025. The EPTUSDT Perpetual Contract will be settled in USDT, with a funding rate capped at +2.00%/-2.00%. Funding fees will be settled every four hours, and the contract will be available for trading 24/7. Binance has stated that Multi-Assets Mode will be supported, allowing users to trade using various margin assets, including BTC, subject to applicable haircuts. Market conditions may prompt Binance to adjust several parameters of the perpetual contract, including funding fees and leverage. Additionally, the contract will be available for Futures Copy Trading within 24 hours of its launch. It is important to note that the listing of EPT on Binance Futures does not guarantee its availability on Binance Spot. Users are advised to refer to the original English announcement for the most accurate information, as discrepancies may exist between translated versions.
Yahoo
18-03-2025
- Business
- Yahoo
EaglePicher secures $20 million Air Force contract for missile batteries
JOPLIN, Mo. — It is another multi-year, multi-million dollar contract for EaglePicher Technologies in Joplin. Close to a 20-million dollar contract from the United States Air Force to produce guidance systems batteries for ballistic missiles. Specifically, Minuteman-3 intercontinental ballistic missiles, which is part of a fleet critical to America's defense strategy, and has been since 1970. The silver-zinc batteries will be produced solely in Joplin for the next 5 years. EaglePicher batteries back home after spaceflight 'So it – and it is an older design, which makes it very, very, very, very unique. And that's why there is limited people that can do this. EaglePicher is one of only two in the entire country that can build this type of battery, and so we are in a unique position. There's a lot of engineering that's gone in this system. We're only delivering roughly a hundred, 120 batteries in the end, but there's a lot of engineering behind that to get that to that point, because this battery hasn't been made in over 20 years,' said Camie Platner, EPT defense & space systems program mgr. Of course, the company's role in this kind of work is nothing new. It has a long history of supplying specialized power solutions for military and aerospace applications. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
