PROFESSIONAL POKER LEAGUE TOURNAMENT SCHEDULE

NOTE: Event dates have been updated as reflected in the March 31^st, 2011 press release.

Four Different Formats to Celebrate the Most Skilled Live Tournament Poker Players

FOR MORE INFORMATION OR INTERVIEWS CONTACT:
Heather Krug, Rogers & Cowan, 310.854.8156  hkrug@rogersandcowan.com

Los Angeles, CA (February 17, 2011) - Federated Sports and Gaming (FS+G) and the Palms Casino Resort announced today the dates and formats for the first season of their professional poker league tournaments.  

All league events will take place at the Palms Casino Resort. There will be four different events in the inaugural season, along with a championship event.   Each event week will include a Pro-Am event, a charity tournament, and a $20,000, rake-free Main Event.

The four Main Events will 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.

“We decided to vary the format of our events to showcase and challenge the skill of the best live tournament players in the world,” said Annie Duke, Commissioner of the new Federated League.  “Our Pro-Am events will create opportunities for break-out stars to shine.”

Each league Main Event is a $20,000 buy-in with no rake for league members.  FS+G will also provide generous prize pool overlays across the four Main Events, along with a $1 million free-roll Championship event for the top 27 players in the league standings.

“We are excited to host a series of amazing poker events,” said Palms owner George Maloof.  “No poker organization of its kind can compare to this professional league, and we look forward to celebrating its long term success.”

Players who do not qualify for a league card will have an avenue to play their way in to the regular season Main Events.  Each tournament week will begin with a $1,500 Pro-Am event in which the top nine finishers will be awarded a temporary league card for that week’s league Main Event.

The nine Main Event buy-ins will be withheld from the Pro-Am tournament prize pool and the remaining prize money will be awarded to the top 10% of the Pro-Am players, including the players who are awarded the temporary league cards. The Pro-Am tournament will be open to all players 21 years and older.

“Because the Main Events have four or more days to play down to a winner from a start of approximately 200 players, we believe it will offer the best, most friendly structures for the skilled player out there,” said Duke.  "Great structures, no rake and generous overlays are integral to our celebration of the best live tournament players in the world.”

About Federated Sports + Gaming
Federated Sports + Gaming (FS+G) was founded in 2010 to create proprietary world-class sports and gaming brands through the integration of traditional and digital media, including televised events, social media gaming and interactive digital programming. The company breaks new ground in the poker world through its launch of a revolutionary professional poker league in 2011. FS+G will celebrate the world's top poker players by providing them with the spotlight they have long deserved. FS+G is dedicated to creating new traditions in poker entertainment by providing fans and players with an unmatched poker tournament, poker TV and interactive poker experience.  FS+G offices are based out of Los Angeles and Washington D.C. For more information please visit www.federatedinc.com.

About The Palms
The 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. Amenities include the legendary Playboy Club; Ghostbar; Rain Nightclub; The Pearl Concert Theater; Moon Nightclub; N9NE Steakhouse; Nove Italiano; Little Buddha; Simon Restaurant & Lounge; The Palms Pool & Bungalows; 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. The 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. The Palms Casino Resort is located just west of the Las Vegas Strip and I-15 on Flamingo Road. For reservation information, 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.
       

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