World Poker Tour real money site goes live

http://www.egrmagazine.com/cgi-bin/articles.pl?section=3&id=827&action=display<TABLE height=291 cellSpacing=0 cellPadding=10 width="100%" border=0><TBODY><TR><TD vAlign=top></TD></TR><TR><TD vAlign=top>[font=Arial, Helvetica, sans-serif]WPT Enterprises, the operator of the World Poker Tour, has launched its real money online poker site. [/font]</TD></TR><TR><TD height=17>[font=Arial, Helvetica, sans-serif]WPTonline has been developed by US software firm WagerWorks, and marks the first time the hugely popular WPT has moved into online gaming.

And in a surprising move the site also features a full online casino offering, with a range of table and slot-based games.

The site, which is domiciled in Alderney, will not accept players from the US, but will be promoted heavily in the 100 other countries where the WPT is broadcast.

Steve Lipscomb, President and CEO of WPT Enterprises, said the site will offer players unique bonuses and incentives including the opportunity to win seats at WPT tournaments.

“We want to give our WPTonline.com players every opportunity to participate in the entire WPT experience,” Lipscomb said.

“Our online players will be afforded premier opportunities to enter WPT land-based tournaments as well as WPT Invitational events."

The WPT is widely credited with kick starting PartyGaming’s route to the top of the poker league.
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Saw this and was thinking about picking up a little WPTE, lo and behold the stock jumps 55% before I can get in.

BTW, they aren't taking US players (yet), but this has huge potential, imo. Wait until the buyout talk boils over and look at it.

Would like to hear WildBill's thoughts as well.

That is why Doyle's group wants to buy it GD. The stock is easily worth double what it was if it were to accept US players. Doyle's Room and WPT Rooms put together could make for a legitimate contender to Party's dominance. If Party is worth $10 billion, this combo plus the added kicker from the money made on the TV shows and merchandise should be worth at least a billion shouldn't it? So a $700 million offer plus all that upside clearly isn't a stretch at all.

I agree Bill, looking at the market value for Party Poker and knowing the name recognition WPT has, it could easily take off.

I almost got in the other day when they were launching the site, but the Doyle news boosted it so high I waited too long.

I really don't see the offer as big a market mover as the fact they went live online. Am I the only one that sees this? And of the 700 million how much of that is actually Doyle's, can't be that much.

Does anyone know how big Stars is compared to Party?

ttinco, try pokerpulse.com, they give up to date stats on the poker sites.

Stars is number two at about 8-10% of the total online poker market. Party is around 60% of the market.

Does Doylesroom have the potential to rival a Party Poker or Poker Stars in the next year.Is ther any info on The proposal from Doylesroom and Brunson on the buy-out of the WPT.

Jersey Joe here is a link to original article posted here about the offer by Doyle Brunson and co. to buy WPT.


http://forum.therx.com/showthread.php?t=288436&highlight=brunson


wil.