Fox Sports Net agreed to air a new TV show that will promote the WPT's subscription poker site ClubWPT.com. ClubWPT.com members pay $20/month for the right to compete for prizes by playing poker and blackjack. Most US states consider it to be a legal sweepstakes. Players will qualify for the show by playing poker and blackjack tournaments at ClubWPT.com. At least 13 one-hour episodes of the show will be produced, and will start airing in September. Fox Sports Net also recently agreed to air season 7 of the World Poker Tour.
Sources: press release, 8-K.
See all of our Club WPT articles.
Friday, August 01, 2008
Subscribe to:
Post Comments (Atom)
Steve Lipscomb indicated during the WPT second-quarter earnings announcement call that this business model seems to be doing well, unlike their real-money online poker business.
ReplyDeleteTheir 10-Q (quarterly financial statement) indicates that the Club WPT show is a profit-sharing arrangement with FSN.
ReplyDelete