Federated Sports + Gaming, the company behind the failed Epic Poker League, has caused outrage over its handling of finances and executive payments. The case could mean the end of the Hearland Poker Tour, too.

Federated Sports + Gaming's bankruptcy comes after serious economical hardships for the company, court files show. At the time of the bankruptcy, FSG owed more than $7 million to more than 100 creditors.

Federated Sports + Gaming, the company behind the Epic Poker League has filed for Chapter 11 bankruptcy. The company now hopes to continue to offer its products with a new partner.

The Epic Poker League will be taking on European audiences in its second season after it has emerged that the controversial pro league has signed a deal with The Poker Channel. The broadcasting of altogether 70 hours of poker TV will begin this weekend.

The Epic Poker League is rumored to be in talks about a potential takeover deal with Pinnacle Entertainment. The takeover would take place within the next 60 days, although neither part have confirmed an agreement yet.

Chris Klodnicki has claimed the Epic Poker League's third main event title this year after winning the $20,000 Mix Max Event at the Palms Casino in Las Vegas. Klodnicki took home $801,680 for the win.

Erik Seidel is heading for his third consecutive Epic Poker League final table. Seidel holds the chip lead of the League's third tournament this year, looking to make a deep run with just 61 players left.

Doyle Brunson has become the first player in Epic League history to receive a lifetime membership card to play in all future main events. Brunson said to be honored but also hinted that he may not be playing in the league at all.

The Heartland Poker Tour is turning into a true success story, attracting still more players and reaching exceptional growth over the past five years. The tour is still far from finished expanding, co-founder Todd Anderson says.

Epic Poker League has announced a new partnership with USA Today. The new collaboration will see Epic's patent pending Global Poker Index published in USA Today's online and print editions every week.

Legend Doyle Brunson has announced that he will not be playing in the upcoming Epic Poker League or EPT Prague events. Brunson explains that a high stakes cash game will get his attention instead.

The Epic Poker League's Ethics Committee has announced the indefinite suspension of Howard Lederer and Chris Ferguson. Both players are suspended on grounds of their involvement with Full Tilt Poker.

Dusty Schmidt has issued a wakeup call for his fellow poker players, urging harsher punishment for scammers and cheaters. Schmidt also launches a harsh criticism of Annie Duke and the Epic Poker League.

Mike McDonald is the Epic Poker League's newest champion after the young American bested a strong final table to claim the championship ring. McDonald beat David Steicke heads-up for a $782k first prize.

The Epic Poker League's second event has played down to its final table, with David Steicke and Erik Seidel topping the counts. Event #1 winner David "Chino" Rheem busted in 19th place.

The Epic Poker League's second event is down to just 23 players, with WSOP bracelet holder Fabrice Soulier holding the chip lead. Several big names fell on a busy Day 2, including Phil Hellmuth and Mike Matusow.

The second Epic Poker League Main Event has begun at Palms Casino in Las Vegas. Jamie Kaplan is the current chip leader with 324,600 chips, while Event #1 winner David "Chino" Rheem is also in the top-ten.

The Epic Poker League continues to consolidate itself as an industry heavyweight. Federated Sports + Gaming has announced a new partnership with Getty Images.

The Heartland Poker Tour has crowned a new champion after Randy Pfeifer defeated a record field at the Turning Stone Casino in New York. Pfeifer will collect $157,819 for his win.

David "Chino" Rheem's win at the inaugural Epic Poker League event may have been good news for some of the players he owed money. Some have already reported to have been paid back.

A few hours ago, David "Chino" Rheem earned a seven figure score after defeating Erik Seidel heads-up for the first Epic Poker League Main Event title. Jason Mercier took bronze.

The Epic Poker League's first main event has reached its final table. The six-player finale will be played later tonight, and will spearheaded by Hasan Habib, who holds the lead ahead of Jason Mercier.

Daniel Negreanu is of the few top pros who is not playing in the inaugural Epic Poker League $20,000 Main Event. In a new blog post, the Canadian star reveals why he has chosen not to play.

The inaugural Epic Poker League Main Event is entering its decisive phases, with just 18 players left from 137 starters. Titan Poker pro Sam Trickett is the current chip leader with more than one million chips.