Poker Remains a "Hot Commodity" as California Company Prepares for Private Placement
Poker is all the rage and one California company is prepared to capitalize on the idea. Southern California Poker Tour, Inc creates televised poker tournaments for amateur poker players and is actively seeking investors to take the show to the national level.
(PRWEB) June 24, 2005 -- It's not just lyrics from a song, "you've got to know when to hold 'em," but a national craze that has poker firmly in the lime light. While various adaptations of the poker program continually emerge, The Southern California Poker Tour is keeping it simple. "Everyday poker players want the opportunity to play in televised events," says Matthew Dodd, Vice President and Executive Producer of the one-hour, weekly television series. Players flock from all over Southern California and beyond to play in these events, with tournament prize pools ranging from $60,000 to near $200,000. Small potatoes in the world of high-stakes poker, but a welcome opportunity to the average poker player. "Some of these other tournaments have entry fees anywhere from $10,000 to $25,000, but our tournaments cater to regular players," Dodd says. With tournament entry fees ranging from $200 to $500, The Southern California Poker Tour events sell out nearly every event, pushing the poker rooms that host the events to capacity seating.
The program will be syndicated nationally next season and is already seen abroad in all of The United Kingdom on Sky Satellite. In order to "ramp-up" production, the company is seeking private investors to help with the costs of continuing improvements to the program. The company has been in existence for one year, and breaking the start-up mold, it was a profitable first year.
Southern California Poker Tour, Inc is a wholly-owned subsidiary of Big Slick Productions, Inc. The company is involved in the production of televised poker tournaments and commercials.
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