RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review

Best USA Casino Bonus

Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.

 

Bovada Casino Bonus Code

 
No Deposit Bonus

Poker: WPT for Sale

The knowledgeable and well connected Wall Street Journal columnist Brett Arends, writing in the publication Marketwatch this week, poses the question "Is the World Poker Tour up for sale?"
 
The indications would appear to suggest it is, with CFO Tom Flahie revealing that he had provided confidential data to third parties, and CEO Steve Lipscomb confirming: "We've had discussions with, and exchanged documents with, some companies that have expressed an interest." Pokerstars
 
Arends examines the recent and troubled past of the company, observing that it isn't hard to see why the WPT would be in play. "Years of losses and missteps have left it looking like an impulse purchase for a major broadcaster or an online poker company," he writes before noting a stock price at $1.25 for parent company WPT Enterprises, giving it a value around $25 million.
 
"The company has about $18 million in net cash sitting on its balance sheet. Flahie confirmed that pretty much all of that would be available to an acquirer. So the "enterprise value" -- the net cost -- would only be about $7 million or so at current prices," Arends comments.
 
Arends goes on to quote Lipscomb, who says, when he talks to potential sponsors: "The inevitable question when someone is about to pay you $3 million, or $4 million, or $5 million, is (for them) to look and say, 'Why don't I just buy your company? Oftentimes the answer is: It's not for sale. But of course everything is always for sale."
 
WPT is apparently doing somewhat better nowadays, which may make it more attractive. It generated positive cash flow last quarter for the first time in more than two years, and Flahie says he's confident they will break even, or better, for the year.
 
But, Arends observes, it's a long decl,ine for a company that was once valued at half a billion dollars and revolutionised televised poker, playing a key role in creating the poker boom of recent years. WPT launched the tour - a series of high-stakes tournaments in various cities - back in 2003. The key invention was the so-called "hole cam," a camera that let TV viewers see the players' hidden or "hole" cards during the betting, building audience interest and excitement.
 
In 2005, at its peak, the stock hit $26.
 
Arends reports that critics diagnose the decline as too many copycats and a company that never found a way to convert its brand name into a reliable revenue stream. Even selling WPT-branded products didn't work: Online casinos give away many of the same things for free. Company mistakes didn't help - from a failed venture in China to letting costs get out of control. From 2004 to 2008 overhead trebled to $22 million while revenues, after a brief boom, fell backwards. This in a world where the poker boom went from strength to strength.
 
"The poker boom in the U.S. isn't quite as manic as it was a few years ago. But overseas it is still growing like Topsy," Arends writes.
 
Lipscomb says the World Poker Tour is now broadcast in more than 150 countries. In France, his second biggest market, episodes sometimes get more viewers than in the U.S., and the company has a strong brand in a crowded field and much experience.
 
Arends concludes his article with a review of the legal position in the United States, where some states may be about to exercise their prerogative to legalise poker as a generator of tax revenues, and Congressman Barney Frank is working at the federal level on trying to legalise online gambling in general in the USA. It poker achieves legalised status, there are clearly some very positive possibilities for companies in the business.

Missed this year's WSOP. Were already running satellites from as little as $10 to the 2010 Wsop. Find out how to qualify. Click Here. 
 
"Other countries are also taking a second look at liberalizing online gambling laws," Arends comments. "The big reason? Governments desperately need more revenues -- and legalizing, regulating and taxing online gambling may give them just that.
 
"There are reasons to hope that things may look up for the World Poker Tour after all."



Gambling News :

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

122 Punta Cana Poker Classic prize packages - Twenty seven down — 95 more to go. We’re guaranteeing 122 Punta Cana Poker Classic prize packages and 27 are already spoken for. This Sunday night we’ve got 7 more on the line:

Huge Caribbean Hold’Em hit at Bovada Casino - A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.

http://www.recentpoker.com