Ho Deal
- Thread starter av84fun
- Start date
av84fun said:
I have never seen anything from the HO Camp stating their involvement with KT or The IPT.
As far as I can tell, the IPT is the only one making noise about the Ho deal. If I were a player that was owed money, by now I would have contacted Ho to get the truth. The players can't pay their bills with promises!
av84fun said:
I've done several searches on Ho & Co., and found a real article on Ho's IPO, it only referred to some of his casinos and a theme park he owns. There was NO mention of the IPT, KY (oops KY), or on-line gambling in this, or any other article .
I posted the article yesterday under the title "Information on Ho"s IPO"
More smoke and mirrors from KY.
jimmy
This was posted on Wikipedia...
International Pool Tour
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The International Pool Tour is a professional sports tour created in 2005 by Kevin Trudeau. It aims to elevate pocket billiards, specifically 8-ball, to the level of other modern sports. Closely modeled on the PGA tour, the IPT is offering the largest prize funds in pool history, including over $8 million in its first full year, 2006. Shortly after being founded in 2005, Deno Andrews was brought on as Tour Director.
The league currently consists of 150 players. At the end of the 2006 season, the bottom 50 players are eliminated from the tour and replaced with the top 50 of the 2007 Tour Card Qualifier. Everyone who makes the cut for the 2007 season is guaranteed $100,000 prize-money — but much more can be earned through tournament wins and bonuses. The IPT has already been credited with revitalizing the sport and bringing the game to a higher standard.
In 2006, the IPT secured major television contracts with OLN and Eurosport. OLN is currently running a television show produced by the IPT. The show premiered on June 4th, 2006 on the OLN network. Eurosport will broadcast live from each IPT event to millions of potential viewers across Europe. This coverage is unprecedented in the sport of billiards.
In September 2006, just prior to the World Open 8-Ball Championship in Reno, Nevada, Kevin Trudeau announced that the IPT had entered into an agreement to be acquired by Ho Interactive, a new company started by casino owner billionaire Stanley Ho. Two new sponsors were also announced offsetting the bad news that the IPT Players 8-Ball Championship scheduled for October 2006 in London, England, had been cancelled.
International Pool Tour
From Wikipedia, the free encyclopedia
Jump to: navigation, search
The International Pool Tour is a professional sports tour created in 2005 by Kevin Trudeau. It aims to elevate pocket billiards, specifically 8-ball, to the level of other modern sports. Closely modeled on the PGA tour, the IPT is offering the largest prize funds in pool history, including over $8 million in its first full year, 2006. Shortly after being founded in 2005, Deno Andrews was brought on as Tour Director.
The league currently consists of 150 players. At the end of the 2006 season, the bottom 50 players are eliminated from the tour and replaced with the top 50 of the 2007 Tour Card Qualifier. Everyone who makes the cut for the 2007 season is guaranteed $100,000 prize-money — but much more can be earned through tournament wins and bonuses. The IPT has already been credited with revitalizing the sport and bringing the game to a higher standard.
In 2006, the IPT secured major television contracts with OLN and Eurosport. OLN is currently running a television show produced by the IPT. The show premiered on June 4th, 2006 on the OLN network. Eurosport will broadcast live from each IPT event to millions of potential viewers across Europe. This coverage is unprecedented in the sport of billiards.
In September 2006, just prior to the World Open 8-Ball Championship in Reno, Nevada, Kevin Trudeau announced that the IPT had entered into an agreement to be acquired by Ho Interactive, a new company started by casino owner billionaire Stanley Ho. Two new sponsors were also announced offsetting the bad news that the IPT Players 8-Ball Championship scheduled for October 2006 in London, England, had been cancelled.
As always, you need to triangulate any information obtained from Wikipedia. It can contain great starting points for information gathering, but it is not a definitive source in many cases. The open format of Wikipedia is its strength and Achilles heel -- it can allow great information to get disseminated, and it can also be a channel for spin and outright disinformation.
Grain of salt, anyone?
Grain of salt, anyone?
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jimmyg said:
Now, that's funny stuff!
I was just trying to point out that Ho Interactive was a NEW company....probablly founded soley for the IPT. That is prob why nothing comes up on Google for HO Interactive. With all of these "new" companies forming... IPT and HO Interactive.... all I can think of is tax shelter for the founders.jimmyg said:
here's all the contact info I could find
support@hocasino.net
fax:
001-831-303 2988
Stanly Ho is married with 17 childrens runnin around... and is a college dropout
support@hocasino.net
fax:
001-831-303 2988
Stanly Ho is married with 17 childrens runnin around... and is a college dropout
jimmyg said:
The HO Deal is a big NO Deal!
jay helfert said:
HO HO HO Jay! It is close to Christmas, isn't it?
The only HO Deal that I know of happens during the negotiating period right after she gets to your hotel room.
jay helfert said:
Not according to the story about Efren on the Home page of AZ Billiards.
http://azbilliards.com/2000storyb.cfm?storynum=3853
Doug
( don't read it while eating or drinking anything )
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Hierovision said:
I decided to snoop around a little online.........
HoCasino.net is one of MANY MANY companies owned by Dr. Stanley Ho.
His primary contact information can be found at his Subsidary company Shun Tak Holdings Ltd. http://www.shuntakgroup.com
The contact information is here: http://www.shuntakgroup.com/contact/index.htm
Shun Tak Holdings Ltd
Penthouse 39/F, West Tower,
Shun Tak Centre,
200 Connaught Road Central, Hong Kong.
Tel: (852) 2859 3111
Fax: (852) 2857 7181
email: enquiry@shuntakgroup.com
Shun Tak Holdings is the company that would own Ho Interactive which according to press release number 44 on the IPT site....
http://www.internationalpooltour.com/ipt_content/news/press_release44.asp
.... "the IPT has entered into an agreement to be acquired by Ho Interactive, a new company started by casino owner billionaire Stanley Ho, who also owns online gambling site www.hocasino.com. Trudeau said that Ho Interactive will be taken public on the London exchange at some point in the near future" ....
So based on that, if anyone chooses to contact Shun Tak Holdings, I would guess that they would positively confirm or deny the above statement that is on the IPT website for all the world to see.
If this HO deal is still a possibility, I'm pretty sure it would still be a lose-lose situation concerning IPT's future.
I'm pretty confident that KT would include a clause, as part of the deal, that he would remain a "supervisor" of the IPT and Deno stay as tournament director for X number of years.
Obviously, the best case scenario for the IPT's future is if Ho buys the IPT AND immediately fires both KT and Deno as employees. Unfortunately, I highly doubt that will be the case though. In all reality, this clause might even be the deal breaker that would prevent Ho from buying the IPT.
I'm pretty confident that KT would include a clause, as part of the deal, that he would remain a "supervisor" of the IPT and Deno stay as tournament director for X number of years.
Obviously, the best case scenario for the IPT's future is if Ho buys the IPT AND immediately fires both KT and Deno as employees. Unfortunately, I highly doubt that will be the case though. In all reality, this clause might even be the deal breaker that would prevent Ho from buying the IPT.