No Crypto For Asian Poker Tour

CoinPoker was all set to make a big splash in the poker world by announcing another poker partnership, with the Japanese Poker Association (JPA). As per the agreement, they would sponsor the JPA and launch a series of qualifiers for entry into Day 1 of the tournament.

CoinPoker’s aims of becoming a front-runner in the Asian poker community have now taken a hit with APT pulling out of the agreement just a week before the APT Macau Championships, citing regulatory concerns.

“Clearly, each APT event is different, and we are mindful of local operating guidelines. I can confirm that the APT Macau Championships will not be associated with cryptocurrency in any way and I apologize for any confusion in the market,” said APT CEO Jeff Mann, in a statement to Inside Asian Gaming.

The APT earlier believed that cryptocurrency would be the ideal marketing tool to take their brand more global and attract players from Europe and even from the Americas. However, it is confirmed that there will be no association between APT and CoinPoker. For now, at least.

Keep reading GutshotMagazine.com for more updates on this partnership and complete updates on APT Macau, which will kick off on 25th April.