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WSOP rises as WPT declines

An expert in the sector has said that the World Series of Poker (WSOP) is a thriving competition, but the World Poker Tour (WPT) is struggling to stay afloat.

Since technological developments allowed televised poker to show spectators the hands of players, enabling commentators to inform viewers on strategy and tactics, the WSOP has gone from strength to strength, according to Chuck Blount of Express News.

He noted that the WPT is struggling to draw players and the stocks are now selling for around 75 cents, which could mean that it is dropped from the NASDAQ exchange.

Meanwhile the WSOP, with its close ties with ESPN and Harrah's, booming, with 6,844 players taking part in the 2008 main event and over 60,000 participating overall.

Mr Blount commented: "There's always a winner and a loser in a poker, even when it relates to the broadcasting of it."

The first WSOP main event was held in 1970 and was only entered by seven players, less than the number that sits at the final table in recent competitions.

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