The €1 Million Buy-in Monte-Carlo One Drop Extravaganza confirmed its first 35 players this week.
Kicking off on October 13, some of the world’s richest individuals will sit down to play the Big One for One Drop, the charity poker tournament, at the Casino de Monte-Carlo, according to pokernewsreport.com.
The One Drop Extravaganza will likely go down in history as the most expensive tournament series ever. It will certainly be the first to feature a poker tournament with a €1 million buy-in and, with seven other events scheduled (excluding satellites) with buy-ins from €10,000 to €100,000, players attending the Extravaganza are going to have to dig deep into their piggy banks.
Unlike in 2012 and 2014, when the Big One for One Drop formed part of the World Series of Poker (WSOP) schedule, entry to this year’s event is by invitation only. Guy Laliberté, the founder of One Drop, a non-profit organisation whose mission is to help improve access to safe water, said he initiated the change to bring “fun and innovation to charitable giving”. Even the live satellites on the day preceding the €1 million buy-in event are invitation-only – with Laliberté expecting a large number of businessmen, philanthropic, and celebrity recreational players to attend in order to “enjoy the game, the networking opportunities and the incredible VIP experiences”.
The One Drop tournament itself will be played over three days. Day 1 gets underway at 2:00pm (CET) on Friday October 14 with players each having a starting stack of 5 million chips and blinds starting at 6,000/12,000 (ante 1,000). Unlimited re-entries are allowed until the start of Day 2 (Saturday October 15 at noon), and the tournament will conclude on Sunday October 16 – with the winner likely to eclipse the prizes won in 2012 by Antonio Esfandiari ($18,346,673) and in 2014 by Dan Colman ($15,306,668).
In addition to the tournament action, high-stakes cash games will be running eighteen hours a day with limits ranging from €25/€25 up to €1,000/€2,000. The cash games on offer will include the standard fare of NL Hold´em and PL Omaha, with Open-Faced Chinese Poker available for those who like to gamble. Just in case the stakes are not high enough for some players, there will also be a €1 million buy-in cash game on the last day of the event.
Prince Albert has given his backing to the event. In a statement released to the media, His Serene Highness – who has his own charitable foundation to address environmental change – said: “I am pleased that Monaco has been chosen to host the 2016 edition of The Big One for One Drop, one of the most innovative charity events. After only two editions, The Big One for One Drop has raised more than $10 million for water, a cause that I hold particularly dear. I wish an even greater success to the third edition of The Big One,” Prince Albert said.
Month: September 2016
Run with Radcliffe for Peace & Sport Monday
On Monday, October 3, Peace and Sport organisation is giving sports enthusiasts an opportunity to take part in the first “I Move For Peace Run”.
The collective jog will be led by the world record holder for women’s marathon, Paula Radcliffe, who finished in 2:15:25 at the 2003 London Marathon.
Ms Radcliffe, who just took part in the first Disneyland Paris half-marathon last weekend, is a Monaco resident. “I like the lifestyle and Monaco is a good mix of French, Italian and the cosmopolitan English lifestyle. The schools are great, the kids are literally running around outside all year, and it’s safe.” She’s been involved for many years with Peace and Sport, a global initiative created in 2007 under the High Patronage of Prince Albert II, working toward global sustainable peace, which, according to the mission statement “is not merely a state of absence of war. Peace is taught, learned and transmitted.”
“I am passionate about the many benefits sport brings into your life,” said Ms Radcliffe, who commentated for the BBC at the Rio Olympics in August. “You work together as a team and learn about yourself, and it gives you confidence – so any chance I have to introduce people to this, I want to take advantage of it.”
As a “Champion for Peace”, Ms Radcliffe was the marraine (“godmother”) of the Nice-Cannes Marathon in November 2013 and is concerned over the cancellation of the Nice Triathlon in October and the recent suspension of inscriptions for the Nice-Cannes Marathon, with a final fate of the event to be decided September 30. “It’s sad for the community and the people training for these events,” she said.
As part of Monday’s “I Move for Peace Run”, the Monaco resident who has represented Britain in four consecutive Olympics will give tips for warming up, running and stretching throughout and participants will have a chance to talk to Ms Radcliffe during a friendly post-run drinks party.
The “I Move for Peace” initiative will also be presented, the aim of which, according to Peace for Sports, “is to enable active and would-be sportspeople to be part of what matters by participating in sports activities to raise funds for Peace and Sport’s field programs”.
Those wishing to take part can sign up for as little as a €1 donation on the Peace and Sport website. All donations will go towards organizing the 2016 Friendship Games in the Great Lakes region of Africa.
Nice officials in the dark but marathon to go ahead
A major row has broken out after top local officials issued a joint communiqué lamenting the fact that they learned from the press about planned terror attacks foiled by the police rather than from original sources.
Christian Estrosi, president of the Nice metropolitan area, and Philippe Pradal, mayor of Nice, praised law enforcement services but deplored the lack of communication. Referring to the recent arrest of two young women, aged 17 and 19, who are alleged to have been in the last stages of preparing an attack, they asked: “How is it possible that these arrests took place without us being informed?” before adding that the lack of direct information was ‘illegal.’
According to article L.2211-3 of the local government code, local officials should be informed of major crimes committed on their territories. New arrangements must be made, the two officials said, because at present “no information is shared.”
Meanwhile hoteliers on the Côte d’Azur are up in arms over the cancellation of many major events in the wake of the Bastille Day atrocity in Nice earlier this year. The Nice triathlon that should have taken place this coming weekend in Nice has been cancelled (it also suffered the same fate last year due to the heavy flooding the day before), as has a European cycling championship, in both cases because of security concerns.
While Nice-Cannes marathon, due to take place on November 13, seemed to be the next event to fall victim to the axe, after it suspended inscriptions last week, an official press release Thursday confirmed the popular event, that draws thousands of visitors to the Riviera, will go ahead? although the start will be moved from Jardin Albert 1er to Allianz Riviera Stadium.
Tourist numbers in the region are down considerably on last year following the July 14 terror attack that took the lives of 86 people, many of them visitors, on the Promenade des Anglais. A national tribute to the victims has been set for October 14.
University offers Masters in Yachting
Monday afternoon, the University of Monaco class of 2017 Master in Luxury & Management had its first day of school to launch its specialised program “An Introduction to the Yachting Industry”.
This coincides with the 26th Monaco Yacht Show, which starts this week, and where several IUM students will be organising or helping at stands with some big industry names.
The specialised yachting program is an initiative of Cluster Yachting Monaco, which welcomed students to the new premises of La Belle Classe Academy, the yacht training centre at the Yacht Club.
La Belle Classe Academy serves two purposes. First to offer training to IUM students, and also, over the last 18 months, to offer 2- to 5-day training programs for yachting professionals.
On hand for the afternoon to greet the 60 students of more than 20 nationalities were Jean-Philippe Muller, General Director at IUM, and Bernard d’Alessandri, President of Cluster Yachting Monaco.
“With 350 companies based in Monaco and 1,435 jobs, yachting, which is the fourth industry in the Principality, offers many prospects for the new generation,” said Mr d’Alessandri. “I welcome this collaboration with the IUM. It seems important that professionals in the sector come forward and share their experiences to build together the future. With this new training, Monaco asserts its status as a ‘world capital of yachting’.
IUM’s master program is based on a 15-hour module, from September to November. The aim is to introduce students to the world of yachting, its products and services with a particular focus on the players and owners. The second half of the program, from January to June, will be devoted to yachting specialisation, for students who decide to pursue this path. Others may chose tourism or fashion. The objective is to offer students an in-depth-view of “business models” of the industry’s key players before moving on to a “corporate project” in April, whereby students work on a concrete project submitted by a company specialising in yachting. Then in July, a 4-6 month job placement will start.
“It’s important for the IUM to offer this new specialisation, because yachting in Monaco is a huge potential sector and an international outlook. Our ambition is to contribute to this economic dynamic, together with Cluster Yachting Monaco, a future generation of managers in this industry,” says Mr Muller.
As IUM celebrates its 30th anniversary this year, Mr Muller noted that for the first time, Monegasque students make up ten percent of the 251 enrollment, coming in fourth after the French, Italians and Russians.
Lapland’s UArctic program supported by FPA2
The University of Lapland has received a substantial donation as part of its fundraising campaign from the Prince Albert II of Monaco Foundation. The donation is one of the largest single donations of the current campaign, and is targeted towards Arctic education and research.
Prince Albert has promoted environmental protection and climate change research for over a decade through the foundation that he established in 2006. The foundation places special emphasis on sustainable development and supports innovative and ethical solutions related to climate change, biodiversity and water resources.
For several years now the foundation has provided support to the environment and people of the North through education and research projects on reindeer husbandry and science communication on Arctic environmental change, just to give a few examples. The foundation also has a Memorandum of Understanding (MoU) with UArctic. The work related to the MoU is coordinated by the UArctic International Secretariat which is located at and hosted by the University of Lapland. HSH Prince Albert has also participated in several UArctic events.
“The donation to the University of Lapland is a clear sign of Prince Albert’s commitment to Arctic research and education. It also emphasises the important role of the University of Lapland in coordinating Arctic higher education cooperation,” said Lars Kullerud, President of UArctic.
“The aim of the University of Lapland is to raise funds especially for Arctic research and education. The donation from HSH Prince Albert II supports us in reaching this goal,” added Mauri Ylä-Kotola, Rector of the University of Lapland.
New TER + MONACO pass on sale
French rail operator SNCF and CAM, the Monaco Bus Company, are offering a 75 percent reduction on the cost of a monthly ticket on the Monaco bus network. Students, schoolchildren and apprentices will pay just €10 a month and the general public €15 for unlimited bus travel in Monaco. The monthly bus pass is available to all subscribers to a TER monthly subscription to and from the Monte-Carlo train station.
TER + MONACO is available where you buy tickets, and the regional card lets you charge your subscription TER + MONACO at SNCF distributors.