Poker Corner: online Poker Rules, News, Learning Poker Corner: online Poker Rules, News, Learning

WPT may be sold off

A major shareholder in the World Poker Tour (WPT) is Lakes Entertainment, holding a two-thirds stake. Now Lakes Entertainment may be considering a sell-off in order to raise substantial amounts of cash. 

The US-based company issued a 'forward looking statement' that seems to suggest it may be considering the sale of its share in the WPT. 

Earlier this year, Lakes Entertainment clashed with the Securities and Exchange Commission over late financial reportage, which it was able to settle recently. In earlier statements the group indicated that it was seeking substantial capital - $10 million by the end of 2005 and an additional $10 million by March 1st, 2006. If Lakes is able to sell off the successful WPT brand, it may be the answer they are looking for to raise this capital.



New! Poker Corner took a look at the best online poker sites on the internet and we broke them down for you. Take a look through our poker review section and see what poker room is best for you.

We've added a list of popular Texas Hold'em hand names to our Advanced Poker section. Learn them, and you can sound cool, like a pro.

We also have player bios for your favorite Poker Guys and Poker Girls!

Also check out our poker glossary for common Poker terms, and our tips and tricks section for advanced strategy. Let us know if there's something missing.


There is a big difference between the way people play Texas Hold em online and the way they play in live games. Playing online is fun and can ...

Read More

What do motorcycles and poker have in common? With the latest Belle Rock Entertainment promotion the two have a lot in common. The online poker and internet casino ...

Read More is trying the separate their site from the rest of the many online poker sites on the internet with some cleaver marketing and a good example ...

Read More

Home | Poker Basics | Advanced Poker | Poker Articles | Poker Guys | Poker Girls | Poker Variations | Resources | Contact Us | Sitemap