Posts Tagged ‘gaming intelligence’

WPT Up for Sale or Easy Target for Rumors?

by , Jul 14, 2009 | 12:15 pm

The World Poker Tour seems to have gone from the leader in the industry to a company with teetering stock prices and an unknown future/direction. It’s no surprise that the past few years of declining tournaments on the schedule, players in the events, and television channels willing to pay for the shows, rumors will fly about a possible sale of the company.

And thus, we bring you the latest whisper, thanks to Bill Rini. Gaming Intelligence is suggesting that the WPT has been in talks with a company like bwin, which is the company that sponsored the WPT’s recent venture to Venice, Italy.

It’s been discussed for some time that PokerStars and Full Tilt Poker are interested in a purchase as well, both companies of which are sponsors of the WPT. Since numerous entities have good relationships with the World Poker Tour, it might simply be a matter of $$$.