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WPTE Transitions From Poker to Energy

by Stephen A. Murphy | Published: May 13, '10

When World Poker Tour Enterprises sold its well-known poker tour and all of its poker-related assets to PartyGaming, the dissolved company was left with nothing but $28 million in cash and a desire to start a new project. There was no public comment on …

WPT Enterprises Sells to Peerless Media Despite Third Offer

by Rebecca McAdam | Published: Nov 03, '09

… stated, “On October 30, 2009, WPTE received a modified written offer … the board of directors of WPTE reviewed the Modified Mandalay Proposal … Proposal.” Peerless Media will pay WPTE $12.3 million in the …

PartyGaming Outbids Gamynia for World Poker Tour Assets

by Stephen A. Murphy | Published: Aug 24, '09

… PartyGaming. Peerless Media will pay WPTE $12.3 million in the … the deal. Earlier this month, WPTE had agreed to sell its … out of its earlier agreement. WPTE’s president and CEO Steve … must also be approved by WPTE’s stockholders. PartyGaming runs PartyPoker …

World Poker Tour Reports Fourth-Quarter Losses

by Stephen A. Murphy | Published: Feb 19, '09

… the fourth quarter of 2007. WPTE’s 2008 revenue amounted to … .7 million in 2007. The WPTE’s end-of-year report … for 17 of the episodes.” WPTE CEO Steve Lipscomb reiterated in … the necessary steps to reposition WPTE for long-term profitable growth …

WPT Revenues Continue to Fall, New TV Show Announced

by Brendan Murray | Published: Nov 06, '08

… for the Fox Sports Network. WPTE President and CEO Steve Lipscomb …

WPTE Now Has Until May to Increase Stock Price

by Bob Pajich | Published: Oct 24, '08

… May 18, at the earliest . WPTE faced delisting as early as … month below $1 face delisting. WPTE was warned on Aug. 14 … extension to WPTE to comply until mid-May. The WPTE stock price … currently trades at around 40¢. WPTE also announced that it ended …

Lakes Entertainment Giving WPTE Shares Away to Investors

by Bob Pajich | Published: Oct 09, '08

… the primary owner of the WPTE. Each shareholder of Lakes … Lakes Entertainment stock they own. WPTE stock is currently trading … longer be required to consolidate WPTE’s financial and business … shareholders and the public.” The WPTE, which is a separately …

World Poker Tour Enterprises May Lose Spot on NASDAQ

by Bob Pajich | Published: Aug 20, '08

… its stock trading under $1. WPTE received a NASDAQ Staff Determination … delisted from the stock exchange. WPTE got into this situation because … $1.04. To avoid delisting, WPTE could perform a reverse … are deemed risky and unstable. WPTE went public Aug. 10, …

World Poker Tour Releases Financial Report

by Bob Pajich | Published: Aug 08, '08

… by decreased headcount expenses companywide WPTE, which is a subsidiary … quarter of 2008, but WPTE owed CryptoLogic $172,000 … in sales and marketing costs. WPTE’s financial report also … contract between WPTE and CryptoLogic works this way: WPTE is entitled …

World Poker Tour Will be Broadcast in India

by Bob Pajich | Published: Jul 30, '08

… audiences in the world: India. WPTE has signed an agreement with …

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