[laserboy]

I just checked out the site. It has 6 real money games going, all of them microlimit. How much do you think their interest in this site is worth?

To give you an idea... I see that their partner in the site, WagerWorks, is being valued at $50 million. Of course, unlike WPTE, they actually run a very successful and profitable business beyond the WPT Online site. Grand Virtual, which actually runs a successful poker site, was sold last year for $35 million. Why do you think WPTE is worth so much more?

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So decent company with a medium-long shot chance at becoming the size of partypoker? Thoughts?


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I think you should read Barry Greenstein's chapter on poker players who think they are stock market geniuses.