Steve Lipscomb
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Steve Lipscomb
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The second quarter marked the continued successful execution of our strategic plan. Revenues were up 40% as we saw growth in virtually all of our business segments. We completed the production and final delivery of Season 3 during the quarter, and continued to grow our international television and product license businesses. The success of the show in the US, combined with strong ratings in international markets enabled us to broaden distribution into 116 territories around the globe. Further, we are moving forward with the Professional Poker Tour(TM) (PPT), and are close to signing a licensing agreement for it. Finally, we are pleased with the initial launch of WPT online.
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The World Poker Tour is all about letting people live their dreams and celebrities are no different. They all want to be the one counting the money at the Final Table. We've made the WPT Invitational, already the most prestigious poker tournament in Hollywood, even better this year by adding an extra day and starting it at night, enabling more celebrities to come after they have completed their filming schedules for the day. We anticipate a blockbuster event!
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Aidan's deep knowledge in helping to build global brands, along with his own experience as a founder and executive producer of a successful international TV event special made him a natural choice,
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We are very excited about the WORLD POKER TOUR leaping from the small screen to the big screen. 'Deal' will bring our enormously popular show on the Travel Channel to an even greater audience and we hope that it continues to fuel the explosion of poker worldwide.
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We are very pleased to be able to bring the WPT to the fans in other countries who have been itching to try their hand at making a WPT Final Table, ... Through these regional WPT Tours with ABS-CBN and Aidan Tracey, we have begun to create a global network of WPT Tours that will inspire the players in those countries and grow our brand internationally. It will be fun to see local players evolve into regional poker stars, just as our primary WPT Tour players over the past few years have garnered international recognition, and are now recognizable everywhere they go.