YES Prep Raises $1.1M with Oil and Gas Industry Faded Spade Charity Virtual Poker Tournament

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On Thursday, March 4, over 200 players joined together to participate in The 16th Annual YES Prep Public Schools Texas Hold’em Oil & Gas Tournament. The tournament was hosted by Faded Spade Virtual Poker and included interactive Zoom breakout rooms for each individual table, allowing players to chat, interact, and show off their best poker face to their fellow players.

“Moving to a virtual poker setting was so different from our typical event and Faded Spade truly made it fun with stellar service and support,” said  Caitlin Monteith from YES Prep. “We officially raised $1,150,569 all in support of YES Prep students!”

The participants and players of the tournament first joined together on a large Zoom call to enjoy a video highlighting all the unbelievable work that YES Prep does for the Houston community. The YES Prep School System helps over 15,000 students in the Houston area and helps provide life changing opportunities inside, as well as outside of the classroom.

With over 200 entries and more than 270 rebuys and chip-ups, the action on the night was non stop. Every entry, rebuy, and chip-up was a generous donation to the YES Prep Public School system. Players all joined their individual tables to play down to one winner per table. After the winners were decided, those lucky winners played in a Tournament of Champions to decide the one ultimate winner for the night.

“We are thrilled to hear the amazing virtual poker fundraising results for YES Prep,” said Tom Wheaton, Founder & CEO of Faded Spade. “It’s remarkable that the game of poker can be utilized in such a positive and purposeful way. The donors, sponsors and supporters of YES Prep truly showed what is possible when it comes to poker and philanthropy. Congrats to all involved!”

YESPrep has been hosting a Texas Hold ‘Em Poker tournament for the past 16 years and is considered the signature fundraising event for the YES Prep School System. During the years of running this tournament, over $16 Million dollars have been raised for the Houston school system. Just this year, YES Prep raised over $1.15 Million dollars playing their virtual poker charity tournament with Faded Spade.

Faded Spade is the leader for non-profit virtual poker fundraising events and provides a fun, safe, and white label branded way to play poker for philanthropy.

Since April 2020, Faded Spade has helped more than 80 national, regional and local nonprofit organizations fundraise more than $5M through virtual charity poker events.

In addition, corporations like Google, Guggenheim Securities, RSM, Hub International, Morning Brew and more have also held employee connectivity, client appreciation or promotional virtual poker tournaments.

To learn more about how Faded Spade can host your virtual charity or corporate poker tournament email us at poker@fadedspade.com.

ABOUT FADED SPADE

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Faded Spade® is the poker and playing card brand for today’s poker players, poker rooms and the modern poker era. Founded in 2017 by Tom Wheaton, Faded Spade provides the highest quality playing cards to leading poker rooms, operators, and consumers around the world.

In 2020, Faded Spade extended its product portfolio to include Faded Spade Virtual Poker - a virtual white label social poker offering that specializes in consumer, business and charity poker tournaments for the purposes of brand promotion, employee connectivity and philanthropic fundraising. To learn more about Faded Spade, visit FadedSpade.com.

ABOUT YES PREP

YES Prep Public Schools will increase the number of students from underserved communities who graduate from college prepared to lead. The focus at YES Prep is to prepare thousands of underserved students in Houston to be college ready, thereby transforming the city’s educational landscape. As such, all YES Prep students are expected to embody and demonstrate the YES Prep core values through their actions, their work, and their relationships.