Six Seasons of Champions to Receive WPT Championship Bracelet

Tue Apr 8, 2008 9:00am EDT

* Reuters is not responsible for the content in this press release.

96 Custom-Made Tiffany & Co. Bracelets to be Presented During WPT
             Ceremony of Champions at Bellagio April 21st
LOS ANGELES--(Business Wire)--
World Poker Tour(R) (WPT) and Bellagio will host the WPT Ceremony
of Champions at the world-renowned "O" Theatre on April 21, honoring
the 96 WPT Champions crowned during the first six seasons on tour. In
addition to highlighting players' achievements, historic events and
winning moments during the private ceremony, WPT commissioned Tiffany
& Co. to design a personalized titanium and diamond bracelet for each
Champion. Tiffany & Co. is the world's premier jeweler and creator of
sports league championship trophies for the NFL, MLB, NBA and NASCAR,
among others.

   "There are so many incredible stories to celebrate from the six
World Poker Tour seasons and we are thrilled to pay tribute to each of
our WPT Champions," said WPT Founder, President and CEO, Steve
Lipscomb. "The championship bracelet has become synonymous with poker
as a symbol of achievement and respect, and we are honored to continue
the tradition that Benny Binion began over 30 years ago."

   "The ceremony of champions is a great way to highlight the
dedication and hard work it takes to become a winner on the World
Poker Tour," said Doug Dalton, Director of Poker Operations for
Bellagio. "We are excited to host this sensational event in the 'O'
Theatre and we look forward to another successful championship event."

   The event will kick off at 8:30 p.m. with a private cocktail party
for players and VIPs at the "O" Theatre lobby where the "Art of
Richard McDonald" exhibition is currently on display. The ceremony
will begin at 10:00 p.m. and will be led by Masters of Ceremony, Mike
Sexton and Vince Van Patten, WPT commentators who have crowned every
WPT Champion since the first WPT tournament was held at Bellagio six
years ago. Interviews, footage and other content from the exclusive
event will be aired online via WPT Live Updates on
www.worldpokertour.com.

   WPT Champions and their guests can RSVP for this private event by
contacting Kat Kowal at 323.330.9822 or kkowal@worldpokertour.com.

   For additional information, to request a media interview or press
credentials for this event, please contact Lyndsay LaGree at
323.330.9876 or llagree@worldpokertour.com.

   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 GSN in the United States.
WPT is licensed for broadcast globally. WPTE also offers a real-money
online gaming website, www.worldpokertour.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 www.worldpokertour.com. WPTE is
a majority owned subsidiary of Lakes Entertainment, Inc. (Nasdaq:
LACO). Photos and media information can be found online at:
www.worldpokertour.com/media

   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 current source of revenue and GSN as a future
source of revenue, and the risk that GSN will not exercise its options
to air season of the WPT series beyond Season VI; difficulty of
predicting the growth of our online gaming business, which is a
relatively new industry with an increasing number of market entrants;
reliance on the efforts of CryptoLogic to develop and maintain the
online gaming website in compliance with WPTE's business model and
applicable gaming laws; 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 WPTE 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.

WPT Enterprises
Lyndsay LaGree, 323-599-9145
llagree@worldpokertour.com

Copyright Business Wire 2008