WPT First Quarter Results
WPT Enterprises, Inc. recently reported their first quarter results for 2007. WPT saw a net loss of $2.3 million this quarter. Last year at this time they reported a $3.6 million profit. The difference in numbers can likely be attributed to the delivery of fewer episodes of the WPT television series in the first quarter of 2007.
Fortunately, WPT recently finalized a three year agreement with CryptoLogic involving the launch of their new online poker room and casino, which will take place next month. The website will offer real money play outside the U.S.
President and CEO of WPT Enterprises stated, “We are excited about our prospects for 2007 and will continue to successfully build the World Poker Tour brand and execute our strategic plan.”
