to acquire the World Poker Tour
25 Aug 2009
PartyGaming, the world’s leading listed
online gaming company, has agreed to acquire the
business and substantially all of the assets of
WPT Enterprises Inc. (“WPT”) for a
cash consideration of $12.3 million and an ongoing
revenue share relating to the purchased assets
under which PartyGaming will make a minimum aggregate
payment of $3m over the next three years.
to formal approval by the shareholders of WPT,
the acquisition is expected to be completed in
the fourth quarter of 2009.
Reynolds, Director of Corporate Affairs
John Shepherd, Director of Corporate Communications