World Poker Tour: Good News, Bad News

World Poker Tour final tables don't make for the best TV. For one thing, the set usually looks like it came from the movie Tron. Also, the blind structure is such (yes, this is getting a little wonky) that after a couple levels of play, it's usually just an all-in fest (kinda boring). But some good news: a longstanding anti-trust dispute brought by some of the game's top players against the organization has been resolved.

Top pros including Annie Duke, Chris "Jesus" Ferguson, Andy Bloch had objected to a rule that allowed the organization to use the players in various promotional material, without their consent. Just in time for the $25,000-entry fee tournament of champions, the dispute has been resolved.

Read more at Card Player. HT: Antitrust Review.

Check out how badly World Poker Tour Enterprises (WPTE) has done as a stock since its debut in 2004. After peaking in the hi-20s in 2005, the stock is currently languishing at $1.56 per share.

Comments

[Martin Lowe...:]

Play all the time for free with Mike Sexton at www.nlop.com It is a lot of fun and quite challenging.

2008 Apr 21 03:10 PM