The World Poker Tour (WPT) has officially partnered with PokerBaazi, marking a significant development in the Indian online poker scene. This collaboration offers Indian poker players unprecedented opportunities to join the global poker community, including the chance to participate in renowned international WPT events.
Strategic Expansion in India:
Adam Pliska, CEO of WPT, is enthusiastic about this partnership, stating: "We are honored to partner with PokerBaazi to expand our operations in India and grow the WPT Global player base. India is a rapidly growing poker market, and through this collaboration, we look forward to nurturing new talent and providing Indian players with a pathway to becoming poker stars."
This partnership means that PokerBaazi will host real-money WPT tournaments online, allowing local players to participate in high-stakes games from home. Additionally, online satellite tournaments will be held, giving players the chance to win exclusive packages to participate in global WPT live events.
According to Inside Asian Gaming, Navkiran Singh, founder and CEO of Baazi Games, expressed his excitement about the collaboration: "We are thrilled to partner with the World Poker Tour to further bring elite poker experiences to Indian players. This partnership further solidifies our commitment to providing Indian players with the best opportunities and platforms to excel on both national and global stages."
PokerBaazi is a leader in the Indian online poker industry, hosting some of the biggest national poker tournaments, such as GOAT, the Indian National Poker Series, and the Indian Poker Masters, which have significantly contributed to its strong player base and industry standing.
Growth and Investment:
Recent industry movements highlight the strategic significance of this partnership, including substantial investments from Nazara Technologies, which acquired 47.7% of PokerBaazi's parent company, Moonshine Technology. This investment, exceeding 9.81 billion rupees, including an initial capital of 1.5 billion rupees, is expected to further propel PokerBaazi's development.
According to The Economic Times, Nitish Mittersain, CEO of Nazara Technologies, commented on the investment: "This investment in Moonshine Technology represents a significant step in strengthening Nazara's position as a leading diversified gaming platform in India. PokerBaazi has not only become the undisputed leader in the Indian online poker gaming sector but has also set new standards in user engagement, innovation, and overall experience."
The collaboration between WPT and PokerBaazi is more than just a business transaction; it is a gateway for Indian players to emerge on the global stage. This partnership is expected to bring world-class poker games to India and completely transform the structure of the Indian poker community, providing players with a platform to gain international recognition.
