WPT Considers Merger As reported by Reuters: "WPT Enterprises Inc. on Tuesday said it hired a financial adviser to assist in exploring growth alternatives, including the sale or merger of its business, sending its shares up more than 8 percent. "WPT Enterprises, which created the television show World Poker Tour and operates a gaming Web site, said it wanted to explore ways to increase its presence in the market for online gaming. "Online gambling, although illegal in the United States, is expected to grow worldwide, with a report by Christiansen Capital Advisors estimating the online poker revenues to grow from about $1 billion in 2004 to $6.7 billion by 2010…" |