The Asian Poker Tour (APT) has announced plans for “regional and international expansion” after it was this week acquired by a newly formed entity called APT Events Private Limited.
Founded in 2008, the APT has become the most prolific poker organization in Asia having staged over 100 events in destinations such as the Philippines, Hong Kong, Macau, South Korea, Cambodia, Vietnam, Taiwan, India, Singapore, China, Japan, New Caledonia and Cambodia.
It also held an event at The Star Sydney in 2013.
The sale of the APT means long-time CEO Jeff Mann will step down from the role after 12 years to remain with the group’s former owner, Asianlogic. However fellow APT veteran Lloyd Fontillas will continue in his capacity as General Manager & Executive Tournament Director, with added responsibilities, as will his APT staff.
“For some time now, we have been looking to pass APT to a dedicated and focused poker organization that is capable of taking the tour to the next level,” said Mann.
“With such a long and rich tradition, it was of the utmost importance that any partnership or sale would only go to an organization with the same passion and dedication to continue developing the Asian Poker Tour as we always envisioned.
“Frankly, I’m pumped up by what the future holds for APT.”
Among those associated with the new owners is renowned Malaysian poker player Michael Soyza, who said, “Jeff and Lloyd have done a tremendous job of building the APT to where it is today. All the stakeholders, including myself, have been active participants on the APT for over a decade. We are beyond excited to work with the team and hope to reach new heights as we usher in a new era for the Asian Poker Tour.”
The APT recently wrapped up its 12-day APT Philippines festival and will next head to Vietnam for the APT Vietnam Hanoi Loyal 2022, scheduled to run from 7 to 19 June at Grand Loyal Poker Club.