WPT Enterprises Introduces Online Gaming Site

LONDON -- (PRESS RELEASE) -- WPT Enterprises, Inc. (Nasdaq:WPTE) today announced the launch of a WORLD POKER TOUR(TM) (WPT) branded real-money gaming website. WPTonline.com makes participation in the WPT phenomenon possible the world over. Featuring a live multiplayer poker room with head-to-head and tournament play, players can now enjoy the WPT experience from home. The site prohibits bets from players in the U.S. and other jurisdictions where online gaming is prohibited. WPTonline.com is regulated by the Alderney Gambling Control Commission. WagerWorks developed the software being used by WPTonline.com under a licensing agreement with WPTE.

In addition to having a variety of multiplayer poker games, ring table games, Sit & Go and Multi-table Series tournaments, WPTonline.com features a customized version of the WagerWorks Poker Software. Designed with WPT's guidance, the software showcases a completely new graphic package to match the WPT television experience as well as advanced game features catering to the avid poker player.

The WPTonline.com website is a fully integrated Poker room and Casino site, featuring a comprehensive suite of gaming products -- including such popular games as Monopoly(TM), Blackjack, Roulette, Baywatch(TM), Bingo, Wheel of Fortune(TM) and The Price Is Right(TM).

WPTonline.com offers players unique promotions based on the WPT franchise, creating a seamless community between the Internet and television. According to Steve Lipscomb, President and CEO of WPT Enterprises, Inc., "WPT aims to be the 'People's Choice' for poker. We want to give our WPTonline.com players every opportunity to participate in the entire WPT experience, which is why our online players will be afforded premier opportunities to enter WPT land-based tournaments as well as WPT Invitational events." WPTonline.com will offer innovative player incentives and premium online events plus promote loyal players to exclusive membership in the WPT ELITE MEMBERS CLUB where players will earn rewards and other privileges.

Marketed through syndicated TV with licensing rights in over 100 countries and territories, WPTonline.com benefits from the worldwide recognition of the WPT brand, creating synergistic opportunities for growth. WagerWorks is an industry leader in terms of its commitment to legal and regulatory compliance online and WPTonline.com is built upon WagerWorks' proven online gaming platform.

According to market research firm Christiansen Capital Advisors, L.L.C. (CCA), the global online gaming industry will reach the $10 billion mark in 2005, more than double total revenues in 2002. According to CCA, the European market alone is expected to experience triple-digit growth in online poker over the next two years. As consumer access to broadband continues to grow and technical demands are answered across the globe, WPTonline.com will offer increasing numbers of consumers a best-in-class online gaming experience.