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Copyright 2005 PR Newswire Association
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.
will be made again tonight," said Lipscomb, "and one
guy is going to walk away with $2 million. Not bad for a week
The next stop on the tour is the Five Diamond World Poker Classic
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 http://www.worldpokertour.com 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 http://www.worldpokertour.com.
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: http://www.worldpokertour.com/media.
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
Contact: Aimee Lirette/ WPT 323-330-9872
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