Luke Littler will defend his Grand Slam title with a larger prize pot and a bigger field

An expanded Grand Slam of Darts will carry a prize pot of £1million when it returns to Wolverhampton later this year.

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WV Active in Aldersley will host one of the most important darts events in the world again from November 8-16, with the field also increasing to 48 players.

Teenage sensation Luke Littler won the tournament last year before going on to win his first World Championship at Alexandra Palace just two months later.

PDC chief executive Matt Porter said: “The increased prize funds announced today demonstrate our commitment to growing earning potential for players at all levels within the PDC system.

“Expanding the player fields for the World Darts Championship and Grand Slam of Darts will provide more opportunities than ever before for players around the world to feature in televised PDC events.

“The incredible growth of the PDC in recent years has seen darts elevated to levels never seen before both in terms of playing opportunities and global interest and this is a huge moment for all players with the ambition to make it to the very pinnacle of the sport.”

The increased prize pot at the Grand Slam of Darts will see all players make at least £5,000, while the winner will take home £200,000 and the runner-up £100,000.

As part of a raft of prize money changes announced, it was also revealed next year's world champion will pocket a cool £1million.