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World Poker Tour Sold to Online Gaming Company

Nov 12, 2009  •  Post A Comment

World Poker Tour, which puts together televised poker tournaments that currently air on Fox Sports Net, has been sold to Party Gaming, an online gaming company, Variety reports.

The price was $12.3 million in cash plus 5 percent of all future gaming revenue and 5 percent of ancillary earnings.

WPT events are worldwide, in 150 markets, reaching 400 million viewers.

–Elizabeth Jensen

 

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