$60 million winner-take-all poker tournament set for next summer in Australia

AP reports that Six players will compete in a winner-take-all $60 million US televised poker tournament next summer.

Fox Sports Net and Mansionpoker.net reached agreement on a three-year deal Monday, with the pots growing to $75 million in 2007 and $100 million in 2008 for the one-day competitions at the Crown Casino in Melbourne, Australia.

The first tournament is scheduled July 12 and will last at least six hours and up to 10 hours, said FSN vice-president of programming and production George Greenberg.

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