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Profits Up for World Poker Tour

Filed in archive Poker by jo on May 4, 2006

Profits Up for World Poker Tour
With rumblings that the poker boom may be hittinglinks its peak - and possibly on its way down amidst decreasing tv ratings and a saturated market, WPT Enterprises, owner of the World Poker Tour has proven everyone wrong.

WPT Enterprises posted a first quarter profit of $3.6 million - compared to a loss in the first quarter of 2005 - analysts predicted a loss. The company also showed quarterly revenues up $2.4 million from a year ago to $6.5 million.

This poker craze could still have some legs yet.

Article: World Poker Tour parent swings to 1Q profits






Permalink: Profits Up for World Poker Tour
Tags: wpt  profits 

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