Isn't this a MR major with a full MR production and full international broadcast? Not a Diamond table advertisement tournament? Maybe I'm mistaken that its not a major? If that is all the money available, at a minimum the difference between 1st and second doesn't seem right to me.
The top prize for the Euro Open in 2023 and 2024 was $30,000, with the runner up getting $15,000. This year the top prize is $40,000, with $16,000 for the runner up.
Frazer did say the players wanted the prize money to be more top heavy. So the semi-and quarter-finalists get a bit more, too.
Hanoi had the same split last year as the Euro Open. So did the UK Open.