The poker world’s initial foray into running a PGA-style tournament organization seems to be on the ropes at the moment after Epic Poker League founder, Federated Sports + Gaming, filed for Chapter 11 bankruptcy. The move to file for Chapter 11 bankruptcy means that Federated Sports + Gaming will retain control over the Epic Poker League and other assets, but they’re in trouble as far as owing creditors.
This being the case, the Epic Poker League will need to find a new partner to continue operating at their current rate. Federated Sports + Gaming Executive Chairman Jeffrey Pollack talked about this by saying, “This reorganization filing is an important first step in that direction and our goal is to keep the Epic Poker League and all of our key initiatives, including the Global Poker Index, EpicPoker.com, the Epic Poker game on Facebook, and the Heartland Poker Tour, moving forward with a continued spirit of innovation.”
Pollack also mentioned, “We will most likely accomplish this by entering into an agreement with another firm that shares our passion and vision…a process we had been working toward prior to the filing.”
Those who follow the Epic Poker League have been wondering about whether or not the Season 1 schedule will finish out as planned. The schedule is supposed to include a Tournament Series Four event ($20k Heads Up No Limit Hold’em), and a $1,000,000 Championship Freeroll.
The $1 million freeroll is especially noteworthy here because the Epic Poker League touted it heavily to gain publicity. But at the current moment, it’s hard to see the EPL putting another $1 million into a tournament for 27 players. So far, only three EPL tournaments have run with David “Chino” Rheem (Event One), Mike McDonald (Event Two) and Chris Klodnicki (Event Three) all winning an event.



















