The two companies will develop a World Poker Tour branded real-money gambling website.
WPT Enterprises broadcasts on televisions poker tournaments filmed at leading casinos. It recently expanded distribution of its World Poker Tour series into Latin America and the Caribbean, bringing the total number of countries where the show is aired to 57.
WagerWorks is a leading developer of comprehensive internet gambling solutions.
WPTonline.com is expected to go live in the second quarter of the year. The site will feature a WPT-branded poker room and an online casino. On-air promotion of WPTonline.com via international World Poker Tour television broadcasts will be a primary marketing tool for driving poker players to the site. Bets from players in the U.S. and other jurisdictions where online gambling is prohibited, will not be accepted.
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