World Poker Tour® Returns to Spain for Second WPT Spanish Championship



    Kicking off all-new action in Season VII, World Poker Tour® returns to Casino Barcelona next week for the second WPT Spanish

    Championship. WPT also appointed Europe´s most

    popular and respected Tournament Director, Thomas Kremser, who is also

    returning to run the tournament.
    Held May 21 "“ 27, 2008, the event features

    Super Satellite No Limit Hold´em (buy-in 200€+20€), with unlimited re-buys and add-ons, starting at 3 p.m. on May 21 and May

    22. The 5000€ + 300€ main event begins at Casino Barcelona on May 23 and concludes with the

    final table May 27, which will not be filmed for television. There are

    two starting days for this tournament (May 23 & 24), and the top seven

    players will receive WPT Player of the Year points for Season VII.
    The main event is expected to draw a strong field of players, including

    Finland´s Juha Helppi as well as poker

    professional and face of the WPT Poker-Made Millionaireâ„¢

    Antonio "The Magician" Esfandiari. Esfandiari is returning to Spain to play in the event and

    represent www.worldpokertour.com

    WPT´s real-money gaming site. His arrival in

    Spain is on the heels of his latest poker success, placing eighth at the

    EPT Grand Final this spring, earning him a cool 168,000€. .
    "Since the moment I left Barcelona two years

    ago, I have waited for the opportunity to return," said Esfandiari. "It is such a beautiful city

    with incredible history"”you couldn´t

    ask for a better backdrop for an international WPT tournament. The

    Spanish Championship drew a tough field last year, and I expect the

    competition to be even bigger and better this Season."
    WPT Live Updates team will be reporting from the tournament floor with

    chips counts, hands, and other news, allowing fans and players to follow

    the tournament action online at www.worldpokertour.com.
    WPT recently extended its partnership with Grup Peralada, the largest

    operator of casinos in Spain, to bring the WPT back to Barcelona. Grup

    Peralada, with presence in various leisure time activities and also

    industrial sectors such as gaming, winegrowing, culture (International

    Music Festival of Peralada), hotels & wellness, golf, plastics or car

    industry, has vast experience organizing poker tournaments. With over

    120 events every year--including three international tournaments--Grup

    Peralada, especially Casino Barcelona, is a recognized European leader

    in high level poker events and sets the bar in the Spanish gaming sector.
    For more information on the WPT Spanish Championship, satellites and

    other details, visit www.worldpokertour.com or contact Sylvie Belanger at sylvie@grupperalada.com or +34 93 511 9750.
    About WPTE
    WPT Enterprises, Inc. (Nasdaq:WPTE) is a company engaged in the creation

    of internationally branded entertainment and consumer products driven by

    the development, production, and marketing of televised programming

    based on gaming themes. WPTE is the creator of the World Poker Tour®

    a television show based on a series of high-stakes poker tournaments

    that airs Monday nights at 9pm ET/PT on GSN in the United States, and

    has been licensed for broadcast globally. WPTE also offers real-money

    online gaming on its website, www.worldpokertour.com

    which prohibits wagers from players in the U.S. and certain other

    restricted territories. WPTE also has operations in mainland China

    pursuant to an agreement with the China Leisure Sports Administrative

    Center where WPTE is developing and marketing the WPT China National

    Traktor Poker Tour. In January 2008, the company launched ClubWPT.com

    an innovative subscription-based online poker club targeted to the

    estimated 60 million poker players in the United States and is currently

    offered in 38 States. WPTE currently licenses its brand to companies in

    the business of poker equipment and instruction, apparel, publishing

    electronic and wireless entertainment, DVD/home entertainment, casino

    games, and giftware. The company is also engaged in the sale of

    corporate sponsorships. For show information, tools for improving poker

    play, and other WPT news, fans may log on to www.worldpokertour.com.

    WPTE is a majority owned subsidiary of Lakes Entertainment, Inc.

    (Nasdaq:LACO).
    WPTEG
    The Private Securities Litigation Reform Act of 1995 provides a "safe

    harbor" for forward-looking statements. Certain information included in

    this press release (as well as information included in oral statements

    or other written statements made or to be made by WPT Enterprises, Inc.)

    contains statements that are forward-looking, such as statements

    relating to the expansion of WPTE´s brand licensing, the development of

    new television and film projects, the development of WPTE corporate

    sponsors and other business development activities, as well as

    statements regarding other capital spending, financing sources and the

    effects of competition. Such forward-looking information involves

    important risks and uncertainties that could significantly affect

    anticipated results in the future and, accordingly, such results may

    differ from those expressed in any forward-looking statements made by or

    on behalf of WPTE. These risks and uncertainties include, but are not

    limited to, WPTE´s significant dependence on the Travel Channel as a

    source of revenue; difficulty of predicting the growth of our online

    casino business, which is a relatively new industry with an increasing

    number of market entrants; the increased time, cost and expense of

    developing and maintaining WPTE´s own online gaming software; the

    potential that our television programming will fail to maintain a

    sufficient audience; the risk that competitors with greater financial

    resources or marketplace presence might develop television programming

    that would directly compete with WPTE´s television programming; the risk

    that WPT may not be able to protect its entertainment concepts, current

    and future brands and other intellectual property rights; risks

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