World Poker Tour is Finally Making Money
World Poker Tour Enterprises (WPTE) reported first quarter profits...that's right, profits...of $3.6 million, or 17 cents a share. Analysts had predicted a loss of 2 cents per share. Perhaps if analysts had contacted Wicked Chops Poker about making some predictions for them they would've gotten that one right.
Last year, WPTE lost about $1.6 million, or 8 cents a share, in the first quarter. This is what we call a "marked improvement."
WPTE claims that the growth of their television shows and the launch of their gaming site, WPTOnline.com, helped the company exceed expectations.
couldn't agree with you more
Posted by: Slim | May 05, 2006 at 09:18 AM
Funny...almost put that exact line in there...
Posted by: Chops | May 05, 2006 at 06:51 AM
Obviously, our friend Slim is due for a raise and promotion...
Posted by: Vaughn Sandman | May 05, 2006 at 06:48 AM