The WORLD POKER TOUR(R) announced that it will produce today a new special entitled, Fathers and Sons(TM). Filming on the WPT set at the Foxwoods Casino Resort in Mashantucket, Conn., the unique special will feature poker's most prominent personalities and players competing for family pride and a $25,000 seat in the WPT World Championship(TM).
The exciting and first-ever "tag-team" father-son poker match features "Texas Dolly" Doyle Brunson and his son, high-stakes cash game stalwart, Todd Brunson, who will headline the table of famous last names along with Barry Greenstein and son Joe Sebok. Also joining the table is CardPlayer Magazine publisher and media mogul Barry Shulman with son Jeff Shulman; firefighter Steve Stolzmann with son John Stolzmann (Season III WPT World Poker Open(TM) champion); and Romeo Simon with son Michael Simon (Season IV WPT World Poker Challenge winner).
Completing the table will be WPT host Vince Van Patten as he finally steps down from the host stand to take a seat at a WPT table with famous father, Dick Van Patten, at his side. PROFESSIONAL POKER TOUR(TM) host Matt Corboy will fill Vince's usual seat beside Mike Sexton to provide commentary.
Changing the rules of the usual WPT final table, the six father-son duos will each act as one player. Starting with $250,000 in tournament chips, the sons will kick-off the six-handed Texas Hold 'em game while their fathers look on. At any time during the game, the fathers can "tag" their sons out to let them know how the game should be played -- even if they are in the middle of a hand. The twist in this tournament comes at the end when the last remaining father and son square off against each other for the $25,000 seat in the WPT World Championship, which will be held in April 2007 at the Bellagio in Las Vegas.
"We wanted to create a unique special that would bring a fun and emotional perspective to poker playing families," said Robyn Moder, Executive Vice President and Co-Founder of the WPT. "Millions of Americans engage in weekly family poker matches and pride is often the biggest stake in the prize pool. What better way to show our viewers how the pros handle the pressure."
WPT Fathers and Sons will air on the Travel Channel on June 17, 2007, on Father's Day.
About WPTE
WPT Enterprises, Inc. (Nasdaq: WPTE) is a company engaged in the creation of internationally branded entertainment and consumer products driven by the development, production, and marketing of televised programming based on gaming themes. WPTE is the creator of the World Poker Tour(R), a television show based on a series of high-stakes poker tournaments that airs on the Travel Channel in the United States and more than 150 markets globally. With the WPT in its fifth season, WPTE has launched a second series on the Travel Channel, the Professional Poker Tour(TM), which focuses on the play of poker's leading stars. WPT also operates a real-money online gaming website, http://www.wptonline.com, which prohibits wagers from players in the U.S. and other restricted jurisdictions. WPTE currently licenses its brand to companies in the business of poker equipment and instruction, apparel, publishing, electronic and wireless entertainment, DVD/home entertainment, casino games, and giftware. The company is also engaged in the sale of corporate sponsorships. For show information, tools for improving poker play, and other WPT news, fans may log on to http://www.worldpokertour.com. WPTE is a majority owned subsidiary of Lakes Entertainment, Inc. (Nasdaq: LACO).
WPTEG
The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WPT Enterprises, Inc.) contains statements that are forward-looking, such as statements relating to the expansion of WPTE's brand licensing, the development of new television and film projects, the development of WPTE corporate sponsors and other business development activities, as well as statements regarding other capital spending, financing sources and the effects of competition. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of WPTE. These risks and uncertainties include, but are not limited to, WPTE's significant dependence on the Travel Channel as a source of revenue; difficulty of predicting the growth of our online casino business, which is a relatively new industry with an increasing number of market entrants; the increased time, cost and expense of developing and maintaining WPTE's own online gaming software; the potential that our television programming will fail to maintain a sufficient audience; the risk that competitors with greater financial resources or marketplace presence might develop television programming that would directly compete with WPTE's television programming; the risk that WPT may not be able to protect its entertainment concepts, current and future brands and other intellectual property rights; risks associated with future expansion into new or complementary businesses; the termination or impairment of WPTE's relationships with key licensing and strategic partners; and WPTE's dependence on its senior management team. For more information, review WPTE's filings with the Securities and Exchange Commission.
Contact:
Lyndsay LaGree WPT: 323-330-9876
llagree@worldpokertour.com
Karen Trachtenberg/WPT: 323-330-9854
ktrachtenberg@worldpokertour.com
(Logo: http://www.newscom.com/cgi-bin/prnh/20050809/LATU100LOGO )
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