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The World Series of Poker (WSOP) will team up with GGPoker to launch WSOP Paradise, a new live tournament poker series.
The event will take place at Atlantis Paradise Island in the Bahamas from 3 December to 14 December.
The $50m in guaranteed prize pools at WSOP Paradise, which will feature 15 bracelet events, will be the main attraction. These events include a $5,000 Main Event with a $15m total prize pool guarantee and a $1,500 Mystery Bounty with a $5m guarantee.
In addition, WSOP Paradise will offer High Rollers a $100k event with $5m in guaranteed prize money, a $50k event with $2m in guaranteed prize money, two Pot Limit Omaha events with seven-p guarantees, and the renowned $25,000 GGMillion$ event with a $10m total prize pool guarantee.
Ty Stewart, SVP & Executive Director of the WSOP, said: “The summer was an unprecedented success, but the vision is equally as ambitious for WSOP Paradise.
“Atlantis also has a great legacy in poker and we believe this combination of partners can deliver poker’s most powerful new franchise for years to come.”
GGPoker, which sent 774 players to the Main Event at this summer’s WSOP, has pledged to send at least 1,000 players to WSOP Paradise.
Daniel Negreanu, GGPoker Global Ambassador, said: “GGPoker is delighted to launch WSOP Paradise and welcome hundreds of players from all over the world to Atlantis Paradise Island this December.”
Meanwhile, Daniel Weinman was formally recognised as the 2023 WSOP Main Event Champion during the 54th annual WSOP at the Horseshoe Las Vegas.
After 10 days of play, Weinman overcame a global record 10,043 competitors to walk away with $12.1m in prize money.