The first of two Cash Game Festival Gibraltar leaderboards is now in the books with Kaido Mikk winning a Cash Game Festival Malta package taking place from June 14-18.

How the leaderboards work is that players receive a 25 play chip every hour on the hour that can be used on play money roulette and blackjack tables located in between the poker tables and a bar. Players can combine chips with other players, which was the strategy that Mikk used to win.

The top five players in chips during the two competitions (May 17 at 5 p.m. to May 19 at 4 a.m. and May 19 at 5 a.m. to May 22 at 4 a.m.) will walk away with prizes. The winner during each competition will be awarded a Cash Game Festival Malta package that includes free hotel, the hospitality package and €500 in cash to be used on the poker tables with four other prizes getting paid.

The top five players during each of the two competitions receive the following prizes:

1. Cash Game Festival Malta package including hotel, hospitality package and €500 stake.
2. Cash Game Festival Malta TV table stake valued at €500.
3. Cash Game Festival Malta hospitality packages for two people valued at €400.
4. Cash Game Festival Malta TV table stake valued at €200.
5. Free beer, soda or juice at the Sunborn Casino Bar valued at €5.

Michael Fletcher who was in the lead for most of yesterday slipped down to third place with Head of Poker at Aspers Casino John Scanlon making a late push to get into second place. Rounding out the top five were Hugo Rodriguez in fourth place and 2011 WSOP side event gold bracelet winner Hasan Alexander Anter in fifth place.

The Cash Game Festival Malta takes place from June 14-18 and you can get more information on the Cash Game Festival website.