Tag Archives: World Poker Tour

Lou Krieger, a celebrated author of books regarding the art of poker stated that, “I believe in poker the way I believe in the American Dream. Poker is good for you. It enriches the soul, sharpens the intellect, heals the spirit, and – when played well, nourishes the wallet.” On May 19th at The Golden Nugget, nine Americans hoping to make that quote and the American dream a reality will join forces together as Team USA in the inaugural World Team Poker Event. On April 5th, 2010 the roster for the prestigious event was announced and includes the monikers of …

HeadsUp Entertainment already owns two of the biggest forms of Canadian poker entertainment in the Canadian Poker Player Television Network and Canadian Poker Player Magazine.  However, HeadsUp is trying to reach past their Canadian audience and into the US online poker player market.  Because of this, HeadsUp Entertainment has decided to try and make a bid to purchase the Canadian Poker Tour. HeadsUp Entertainment chief officer Kelly Kellner expanded on the reasoning behind trying to buy the CPT by saying, “Over the next 12 months, we will manage more than 550 casino-based events in Canada, Costa Rica, the Dominican Republic, …

PartyGaming purchased the World Poker Tour for $12.3 million dollars. PartyGaming, the online casino group best known for being one of the first to bring poker rooms to the Internet. The company had lost value as the main market for PartyGaming was the US market and saw a big drop in value when the UIGEA was passed, making online gambling difficult for most American residents. The purchase fuelled the speculation that PartyGaming has seen a rise in its profits this year. PartyGaming has been made famous for PartyPoker rooms. The company began in 1997 and became the world’s largest online …