It seems that WPT's online card room (wptonline.com)
news went overlooked and then all this Doyle crap has gotten in the way.
The price is still falling after the bid but this online site looks great, will have great marketing and great promotions to WPT.
[ QUOTE ]
"They have great growth potential for their online business, but that just launched last week. WPT has a great brand and high earnings potential because it can leverage the television show, but it's still unproven. My growth projection calls for 75% growth in earnings per year. I believe if it can capture just 1% of the world-wide poker market, that would add 50 cents incrementally to fully taxed earning per share. Now it's not taxed. When you combine online gaming with all of its other initiatives, I think a 75% growth rate is achievable and may even be conservative." (Mangini doesn't own shares of WPT Enterprises; ThinkEquity Partners doesn't have an investment-banking relationship with the company.)
[/ QUOTE ]
So decent company with a medium-long shot chance at becoming the size of partypoker? Thoughts?