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21:43 GMT
RIYADH, Dec 25 (KUNA) - The 2017 King Salman World Rapid and Blitz Championship commenced in Riyadh Monday evening.
The championship, which enjoys great interest by international media, is held in the kingdom for the first time and hosts 236 players representing 70 countries.
The total Prize Fund for the event is USD 2,000,000, with individual prize funds of USD 750,000 for the Open and USD 250,000 for the women in both events. This is almost 350 percent more than the previous event. There will be 30 prizes for each event, with the first prize being USD 250,000 in the Open Section and USD 80,000 in the Women's Section, all new records. (end)
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