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Poker.co.uk - Poker News Archive
Wednesday 8th September 2004 WPT Enterpises announce agreement with WagerWorks.com
The World Poker Tour has announced that it is joining with WagerWorks to develop a WPT branded online gaming site. WagerWorks is a strong force in the online gambling industry, with current clients including Virgin Games, BskyB and Hard Rock Casinos. This new venture with WPT will develop a real money gaming site accessible to players in countries where it is legal for US companies to operate online casinos. Access to US citizens will be blocked, in compliance with the current prohibited status of US operated online gambling.
Details released so far of the venture include the types of games that are to be made available. Naturally a whole range of poker games will feature, including the increasingly popular Texas Hold ‘Em, as well as Sit and Go, Omaha, 7 Card Stud and 7 Card Hi-Lo. There will also be a casino feature which will also bear the branding of the WPT name, which it is intended, will host a diverse range of table and slot games. Also present will be the games exclusive to WagerWorks- Monopoly, Wheel of Fortune and The Price is Right.
This announcement of a new online site has arrived at a time when WPT Enterprises are enjoying a very successful period. The television series which has played such a strong role in the recent poker boom has just been expanded in terms of distribution. The series is now available for viewers in Canada, the UK, Australia, Sweden, the phillipines and South Korea. Negotiations are currently taking place to further this distribution of the popular show.
Steve Lipscomb, the founder and president of WPT Enterprises, released the following statement explaining this latest move into the online arm of the industry: 'As the World Poker Tour matures, poker enthusiasts can expect to experience our unique brand of entertainment on platforms other than television. The expansion into international online gaming is a natural fit for the WPT brand and we are pleased to offer our fans in other countries a way to interact with WPT in a fun and challenging online gaming environment. This is the perfect way for us to leverage our international television distribution and international online gaming site.'
Paul Miltenburger, the founder and Chief Executive of WagerWorks added his won comments to represent his company’s point of view on this new alliance: 'It has always been WagerWorks' objective to establish partnerships with leading gaming companies and premier brands in the industry. The World Poker Tour has clearly established itself as both, and we're pleased to partner with the organization to further extend its brand and entertainment experience online to poker players throughout the world.'
Source: OnlineCasinoNews
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