The tournament was announced in April 2018, and was scheduled to be played for the first time in March 2019. The event was organised as the third and final event to make up the Coral Cup (now Players Series), tournaments sponsored by bookmakers Coral which use the rankings exclusively from the season prior. The tournaments in the Cup featured declining player entries, with the first event, the World Grand Prix having 32 participants, and the Players Championship 16. The Tour Championship is the tournament with the lowest number of entries of any tournament on the calendar, with just eight participants. The tournament is broadcast by ITV4 in the United Kingdom, Eurosport across Europe. The event also airs on Sky Sport in New Zealand, NowTV in Hong Kong, and Superstars Online in China.
