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| On July 7th, 2005 Doyle Brunson shocked both the Poker and economic communities when he took the unprecedented step of launching a bid to purchase 100% of World Poker Tour stocks. As if that weren’t shocking enough, Brunson offered WPT’s ownership exactly twice the current value of their stocks; his total bid came in at around an incredible $700 million. Read full article at http://www.blindbetpoker.com/news/brunson-bid.html Last edited by Shaun : 08-05-05 at 11:45 AM. |
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| Oh my I have heard no such news. Why does brunson need WPT stocks anyhow? And why on earth would he double what the stocks are worth? This is a shock to me because I have not seen any signs of interest in Brunson to buy the WPT stocks. This may possibly be a great move with the buzz of poker so great in the past few years. I don't think Brunson is buying the stocks thinking that he will cash on them but I believe he is buying them for his family to profit off of because he is getting older now. I'm happy that a poker legend bought the stocks rather than a nobody. |
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| It's not Doyle Brunson trying to buy the WPT, but rather a group of investors including him. He's probably only a small stakeholder in the bid, but he's a great front man for them because of his status in the poker world. |
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| this certainly does sound like a very smart investment, poker is so hot right now, and I only see it's popularity growing, as the spike in interest of poker is filled with young teenagers who will be playing for their whole lives. |
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| WPT has already established itself as the biggest poker tour on the planet and its not going to let that creep away from them. With the amount of revenue generated through online poker sites with minimal running costs to the sites themselves, they will have money to burn, money to burn on advertising. Brunson a true gambler has made i belive a wise investment, (well him and the folk who are really pulling the strings) |
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