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Online Poker News Archives - November 19, 2005

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November 19, 2005

Final Six Players Battle it Out for More Than $5 Million in Final Table Prize Money

When Foxwood's World Poker Finals concludes tonight, it will mark the largest prize pool in the history of a WORLD POKER TOUR(R) regular season event. With a record 783 players competing in the $10,000 buy-in event, $5 million of the nearly $8 million prize pool will be awarded to the six final table players, with more than $2 million going to first place and more than $1 million going to second place.

Season IV of the WORLD POKER TOUR continues to make poker history, on pace to top $100 million dollars in prize money, doubling all money awarded in the history of the Tour. "We continue to set records," says Steve Lipscomb, President and CEO of WPT Enterprises, Inc., "and Foxwoods always manages to raise the bar for everyone on the Tour. The WPT congratulates our partners at Foxwoods for the largest regular season event in our history, in a league that has firmly established itself as the richest individual sport in the world."

Remarkably, four of the six players will likely be added to the ever-growing WPT millionaires club, already boasting 29 members in just four seasons. With sixth place paying more than $600,000, returning young gun poker sensations Alan Cunningham and Bill Gazes are certain to join the list. But to move up that prize list they will have to climb over Hall-of-Famer Lyle "Daddy Warbucks" Berman, and the chip leading Cinderella story, 21-year-old Nick Schulman -- a kid on a mission to live the new American dream of winning a WORLD POKER TOUR title -- and scoring life changing money on prime time television in the only sports league in the history of televised sports that allows anyone to show up and take a shot at legitimate sports fame and fortune.

Spectators began lining up at 6 a.m. this morning for the chance to get acoveted seat in the WPT arena when the Final Table begins filming this afternoon at 4 p.m. in the Grand Pequot Ballroom at Foxwoods Resort and Casino in Mashantucket, CT.

"Poker history will be made again tonight," said Lipscomb, "and one guy is going to walk away with $2 million. Not bad for a week of poker."

The next stop on the tour is the Five Diamond World Poker Classic at
Bellagio in Las Vegas, Dec. 13-16.

The WPT launched the poker boom when it first aired on the Travel Channel in the U.S. on March 30, 2003, and it continues to lead the way in developing poker as a major international sport. Viewers and aspiring tour players can log on to for ways to improve their game and to follow the Tour. The highest rated show ever on The Travel Channel, the WPT is now seen in more than 120 countries and territories worldwide. WORLD POKER TOUR(R) airs every Wednesday at 9 p.m. ET/PT on the Travel Channel in the U.S and will air every Friday night at 10:00 pm in prime-time on ITV-4 in the UK.

About WPT Enterprises, Inc.
WPT Enterprises, Inc. (Nasdaq: WPTE) is a company engaged in the creation of internationally branded entertainment and consumer products driven by the development, production, and marketing of televised programming based on gaming themes. WPTE is the creator of the WORLD POKER TOUR(R), a television show based on a series of high-stakes poker tournaments that airs on the Travel Channel in the United States and more than 120 countries and territories globally. WPT Enterprises currently licenses its brand to companies in the business of poker equipment and instruction, apparel, publishing, electronic and wireless entertainment, DVD/home entertainment, casino games, and giftware. For show information, tools for improving poker play, and other WPT news, fans may log on to The company is also engaged in the sale of corporate sponsorships. WPT Enterprises, Inc. is a majority owned subsidiary of Lakes Entertainment, Inc. Photos and media information can be found online at:


The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WPT Enterprises, Inc.) contains statements that are forward-looking, such as statements relating to the expansion of WPTE's brand licensing, the development of new television and film projects, the development of WPTE corporate sponsors and other business development activities, as well as statements regarding other capital spending, financing sources and the effects of competition. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of WPTE. These risks and uncertainties include, but are not limited to, WPTE's significant dependence on the Travel Channel as a source of revenue; the potential that our television programming will fail to maintain a sufficient audience; the risk that competitors with greater financial resources or marketplace presence might develop television programming that would directly compete with WPTE's television programming; the risk that WPTE may not be able to protect its entertainment concepts, current and future brands and other intellectual property rights; risks associated with future expansion into new or complementary businesses; the termination or impairment of WPTE's relationships with key licensing and strategic partners; and WPTE's dependence on its senior management team.

For more information, review WPTE's filings with the Securities and
Exchange Commission.

Contact: Aimee Lirette/ WPT 323-330-9872

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