The e-commerce giant, Alibaba, is strategizing to introduce the challenge of competitive poker to the Chinese populace, carefully maneuvering within the nation’s stringent gaming regulations. They have joined forces with Aokai Sports Entertainment to present this non-wagering variant of the game to the Chinese consumer base.
Although specifics of the agreement remain undisclosed, both entities have established a bold objective: to cultivate an astounding two million Chinese poker enthusiasts over the subsequent five years.
It is crucial to recognize that wagering is largely forbidden in mainland China, with allowances solely for Hong Kong, Macau, and the state-run lottery. This is where the concept of competitive poker enters the picture. Unlike conventional poker variations such as Texas Hold’em or Omaha, competitive poker eliminates many components linked to betting.
Crafted by the International Federation of Poker (IFP), this iteration of the game stresses collaborative play. Participants vie for points rather than currency, and the game unfolds on mobile devices, removing the in-person element of traditional poker.
The IFP contends that the critical difference lies in the game’s emphasis on ability over chance. The software guarantees that each group has an equivalent opportunity to succeed, a characteristic not present in standard poker.
IFP President, Patrick Nally, conveyed his excitement about the collaboration, remarking: “The fusion of Aokai Sports and Alisports establishes one of the most influential sports marketing entities globally. I am thrilled that they are investing their vigor, concentration, and assets into the advancement of Match Poker and that they echo my conviction in its immense worldwide possibilities.”
