was valued at
about $35 a
share. That
amount is twice what WPT
shares were
trading for at
the beginning of
Friday.Lakes
Entertainment
shares even
increased more
than 25% before
closing that
day.
Brunson, who is
competing at the
World Series of
Poker said he
would comment
after playing
was finished.
It is believed
that WPT's
recent jump
into the online
gambling
business is what
drove the price
through so high.
Lakes
Entertainment
most definitely
welcomes the
offer, it has
been involved in
a battle with
the SEC due to
the fact that it
counts millions
of dollars from Indian
tribe loans (for
building
casinos) as
assets. The SEC
believes the
loans are to be
considered as
expenses not
assets.
