GPL Signs Five-Year Agreement with JuzhongJoy

Alex Dreyfus and Peng ZhangMediarex Sports & Entertainment, the company responsible for the GPL, recently entered into an agreement with JuzhongJoy in Beijing to run GPL China's operations, distribution and sponsorships.

GPL China, which was announced in December 2016, will have an initial roster of eight teams. Already, GPL China has a multi-year agreement with Sina Sports, a digital sports property in China.

"In recent years, the pace of development [for poker in China] has been very fast, with more and more domestic competition every year," said Peng Zhang, chief executive officer of JuzhongJoy in a release on their website.* "While domestic players to participate in world-class events are…