World Poker Tour Enterprises (WPTE), will sell the most shares of the company to a private investment group called, Gamynia Limited. Gamynia has paid a bit over 9 million US dollars for this, and they will also pay a small percentage of future earnings to the previous stockholders. Gamynia Limited, will continue running WPT as usual, but they will also try to get into the online gaming market, thi[...] Read more » WPT sold for 9 million dollars
insane why the fuk they do that, its no sense online playing market sure its a good buisness but pfff they should give me that money to me becouse its safer hehe
Joined: Aug '08
Location: Poland
Age: 37 (M)
Posts: 167
9 mil....pffff.... I also thought it's worth much more than that Dammn if I had only known that it's gonna go for just 9 mil, I would have bid more myself
To integrate into the online market doesn't mean they make their own client, they could just make more satellites in the main pokerrooms to their WPT-Events-
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
First thing i thought after read this news was "only $9M?" Seems like everybody did. But we have to think in this enterprise as the owner of the rights to manage the business and not the business itself. It was the same thing as the company who have the rights of Euromillions Draw (european international lottery) sell the business. It wouldnt cost as much as a lottery prize, it would be much less, in fact (Euromillions prize is every week a minimum of €10.000.000 and can reach up to €120.000.000, more or less 170 milion dolars)
becouse its safer hehe
Dammn if I had only known that it's gonna go for just 9 mil, I would have bid more myself 
