World´s richest poker game (update).

By RP, December 14, 2005

The Australian media are now reporting that Melbourne’s Crown Casino has confirmed it will host the world’s richest poker tournament next year – a winner-take-all battle for US$60 million.

Six of the world’s best card players will compete in a series of elimination matches on July 12, said the Crown Casino, controlled by the family of Australia’s richest man and big-time gambler Kerry Packer.

The players will have to ante-up $10 million to buy into the match, due to be televised around the world through the Fox Sports Network in the United States and other networks in Europe and Asia, Crown chief operating officer Richard Longhurst said.

Earlier and unconfirmed reports claim that top player Phil Ivey and this year’s WSOP winner Joe Hachem will be among the players.