In partnership with the Multi-Venue Series (MVS), the World Poker Tour (WPT) announced its return to the Iberian Peninsula with a series of WPT National Tour main events hosted simultaneously at three different venues.
Each set of events features a €750 buy-in and allow players to compete at three different venues in Spain and Portugal before roughly seven percent of the field will compete at a single location.
The first WPT National Tour Iberia in Season XIV begins May 12-15 at Gran Casino Madrid, Casino Espinho, and Casino Barcelona. Surviving players, who will already be in the money, will then compete in Madrid to play on May 21-22 until a winner is declared.
Casino Gran Madrid Deputy Director Paula Arriaga expressed the casino's excitement about hosting the first Grand Final of the WPT National Tour Iberia.
"We are delighted that Casino Gran Madrid has been selected to host the first Grand Final of the MVS Presents: WPT National Iberia Main Event," Arriaga shared when WPT announced the poker festival. "We are proud to work closely with three strong partners in the WPT, Multi-Venue Series, and BRAVO on this exciting project."
The multi-venue poker festival will be returning a few months later with a similar structure with players once again competing at the same three casinos from Oct. 13-16 before grouping together to complete the tournament in Espinho from Oct. 22-23.
A third-edition of the WPT National Tour Iberia is planned to take place in January with this time the final destination taking place in Barcelona.
Hemance Blum, Head of WPT Europe, expressed the high hopes the poker tour has with its partnership with MVS and its return to Spain and Portugal.
"The introduction of the MVS Presents: WPT National Iberia Main Event is a testament to the World Poker Tour's constant evolution, and the innovative partnerships the WPT has secured worldwide," Blum explained. "We have already experienced great success in Spain with both the WPT Main and National Tours, and we look forward to our first-ever event in Portugal as we bond together these two emerging markets to generate a massive prize pool for our players."
Understandably MVS is also thrilled about partnering with WPT with Neil Barrett, Managing Director at LivingItLovingIt, the inventor of the MVS, explaining why an event at multiple locations is more optimal for players when compared to taking place at a single venue.
"We have listened to the needs of poker players for live events and the constant feedback received was that players have to choose their events carefully to manage their bankrolls," Barrett commented in the WPT announcement of the three events. "This format allows the players to select the nearest casino to them for the early stages of the tournament, reducing travel costs, and then move to the final host casino only when they are well into the money, which will cover the cost. It’s a tricky tournament to manage operationally, but the combination of BRAVO’s technical capabilities and WPT’s expert tournament direction makes this historic, groundbreaking event possible."