WPTE : time to buy ?

World Poker Tour Entertainment (WPTE) has faced a major sell off over the past few weeks. The stock trades now around 10 (it traded at 29.5 in early July !). I think it is a good buy opportunity on this level and the downside is now quite limited. Growth in the online gambling sector is less than previously expected, but it remains a high growth sector and WPTE, through its WPT broadcasting and its new online poker room, may become a key actor. What do you guys think ?