China’s Ourgame acquires World Poker Tour for $35 million

You might think of Texas hold ’em as a pretty American pastime, but a Chinese company just acquired one of the biggest companies associated with the card game.

Chinese social gaming and technology company Ourgame has bought World Poker Tour for $35 million. World Poker Tour is best known for its televised, real-world tournaments. Ourgame says that World Poker Tour will keep its offices in Southern California and continue to operate as is.

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Mike Minotti

Mike Minotti has been with GamesBeat since 2012, starting as an intern. Based near Youngstown, Ohio, he now manages GamesBeat's editorial team. He's also a prolific podcaster, appearing on multiple shows covering the gaming industry.