WPT Bought Up By PartyGaming
Posted on: November 23rd, 2009 7:04 pm | By: helenEven though times have been hard for the industry of online casinos, many operations are still up and running as strong as ever. No one on the online casino market has suffered as many different hardships and challenges in recent months and years than PartyGaming though. And that is what makes their most recent business venture so commendable and admirable. It takes a lot of strength and foresight to have been able to hold onto as substantial a position in the internet casino business as the people who run the show at PartyGaming have been able to do. They have had to contend with the United States Department of Justice and some other assorted legal and financial battles that would leave any other comparable company up a creek without a paddle.
But PartyGaming once again has decided to show the rival operators of online casinos how it is done by going so far as to buy up the World Poker Tour Enterprises Inc. This maneuver shocked a great many people in the casino business because everyone is well aware of the fact that PartyGaming is still working hard to build back up the company to the level that it had at one point in time been able to reach. And now that it is in control of the WPT brand name, the sky is the limit in terms of where they can take this venture.
This business deal also includes the rights to the clubWPT subscription poker offering. That has already bee built up into a formidable operation in its own right with more than 16,500 paying customers who reside all over the country in some 37 different states. This may seem like a lot for the folks from PartyGaming to handle at this particular juncture but if any casino business can pull this off, it is PartyGaming.
Tags: partygaming, world poker tour
