Mandalay Bay Joins WPT Roster - Tuesday 24th of January 2006

LOS ANGELES – The World Poker Tour announcedtoday that Mandalay Bay Resort & Casino in Las Vegas has joined its roster ofhost casinos for a new event that will be staged as the second stop of theSeason V calendar. The Mandalay Bay Poker Championship, to be heldJune 4 - 8, will become the next big event on the WPT's storied 17-stop tourwhich features exciting poker action at some of the most beautiful, elegantand highly regarded resorts and card rooms around the globe. In Season V, theWPT is expected to surpass its Quarter Billion Dollar mark in prize money!

Steve Lipscomb, CEO and founder of WPT Enterprises, Inc. (Nasdaq: WPTE)said, "This continues to build our solid relationship with the MGM MIRAGEfamily of destination resort casinos." We have scored a trifecta withMandalay Bay, The Mirage and Bellagio, the best Las Vegas has to offer."

Mandalay Bay Resort & Casino is a luscious tropical-themed resort. Thesite's 3,644 rooms and suites include 424 accommodations managed by FourSeasons Hotels and Resorts. The property also has a House of Bluesrestaurant, concert hall and more than 100 House of Blues-themed rooms,decorated in the unique style for which House of Blues has become famous.Mandalay Bay earned the prestigious AAA Four Diamond Award, and offers two AAAFour Diamond restaurants, Aureole and 3950. The Mandalay Bay ConventionCenter brings the total meeting space to nearly 1.5 million square feet and isthe largest convention center on the Las Vegas Strip. Mandalay Bay's brandsinclude: THEhotel, an all-suite hotel featuring 1,117 luxurious one-bedroomsuites and Mandalay Place, a collection of 41 unique boutiques andrestaurants. Mandalay Bay is a wholly owned subsidiary of MGM MIRAGE, whichalso owns and operates The Mirage and Bellagio, two additional Las Vegas WPTcasino partners.

In other new developments, Foxwoods Resort Casino, after staging some ofthe largest events in WPT history, will extend its involvement with the tourby hosting a new spring event, to complement its fall World Poker Finals. TheFoxwoods' Poker Classic will be filmed as part of Season IV April 6-9.

The Foxwoods' Poker Classic will replace the PartyPoker Million on the WPTcalendar. After several great seasons together in which the WPT helped buildinternational awareness for these now prominent online sites, the WPT will bidadieu to both PartyPoker and Ultimate Bet.

Explained Lipscomb: "We've had a great run with both companies, but thecircumstances have changed since we elected to launch WPTonline.com, our owninternational gaming website. Although they will no longer be on the tour, wecontinue to explore future opportunities with both of these organizations."

In announcing the WPT's full Season V calendar, poker players may nowbegin planning their tournament schedules and their shot at the $100 millionprize money up for grabs on the World Poker Tour a tour with the slogan"Anyone can play; Anyone can win." In just four years, the WPT hastransformed poker into a career destination for touring pros, just likeplayers on the PGA, while also enabling newcomers to get a piece of theestimated $200 million prize money offered over the WPT's four seasons ofriveting play. With the announcement of the tour dates, the satellite contactinformation will also be accessible on the newly re-launched websit.

World Poker Tour will once again feature events in Paris and a stellarlineup of U.S. destinations. Season V begins and ends in Las Vegas, initiallywith The Mirage Poker Showdown May 14, 2006 at The Mirage and concludes April27, 2007 at Bellagio for the exciting and much heralded WPT WorldChampionship.

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