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.
