California-Based World Poker Tour is Under New Ownership

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California-Based World Poker Tour Is Under New OwnershipWorld Poker Tour Enterprises (WPT) already sponsors over 70 live and virtual tournaments each year. In an effort to further expand their growth, they have recently been acquired by Beijing-based Ourgame International Holdings for an impressive $35 million.

The alliance formed between the two companies will allow WPT to exclusively license its products and services through Ourgame in over 12 Asian countries. This provides the potential to more than double their current tournaments over the next few years.

According to The Orange County Register, WBT will maintain their Irvine headquarters and their Los Angeles production offices, and will expand to create a third location in Beijing. WPT has been around since 2002, making them one of the longest running poker tournament providers in the world.

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