Star-Studded $2,500 No Limit Borgata Poker Open Event Underway

ATLANTIC CITY, NJ — (MARKET WIRE) — September 13, 2006 — The excitement at the Borgata Poker Open was palpable as 317 players marched into the Event Center at Borgata Hotel Casino and Spa yesterday for the start of the $2,500 buy-in No Limit event. The players wasted no time taking to the felt like fish to water. The sound of chips filled the air for the early hours of the event, often interrupted by shouts of disappointment, as players began to fall.

Poker superstar Barry Greenstein was the chip leader for much of the first day before being knocked out late on Tuesday. Other notable poker royalty included Robert Mizrachi and his brother Michael “The Grinder” Mizrachi. The Grinder won the 2006 Borgata Winter Poker Open and is currently the front-runner for Card Player’s Player of the Year. Shannon Shorr, the third place finisher in this year’s $1,500 event, is just one place behind “The Grinder” for Player of the Year. Two-time Borgata Poker Open Champion, “Action Bob” Hwang, was eager to get started yesterday and win his third championship at Borgata, but he too did not survive the first day of competition.

At the end of the day there were eighteen players remaining in the tournament. Edward Devlin of New Jersey, an amateur with no tournament experience, had a magical day knocking out both Barry Greenstein and Kathy Liebert to advance to the final 18. He said, “I am nervous about winning because I am playing against the best players in the world, but I got through yesterday so you never know. This could be my day.”

The final table for the 7 Card Stud Championship began in the afternoon on Tuesday. The finalists battled for many hours until only two players remained. In the end, Davis Shin of Philadelphia triumphed over New Yorker Yuebin Guo. Shin proclaimed, “I am so happy to win the Championship. The $27,000 and the Rolex are great, but winning the championship and being the best is what matters most to me.”

Poker legends, including Daniel Negreanu, Phil Laak and Antonio Esfandiari, continue to arrive at Borgata for the $10,000 Main Event and WPT kick-off Party at MIXX nightclub on Thursday night. The evening will feature music by DJ Basara and a hosted bar from 8:00 – 10:00 p.m. In addition, attendees will be invited to step-up their game with the pros themselves on PokerPro™, the revolutionary automated poker table that merges the gap between online and live poker.

About Borgata Hotel Casino & Spa

Borgata is a joint venture of Boyd Gaming Corporation (NYSE: BYD) and MGM MIRAGE (NYSE: MGM). Located at Renaissance Pointe in Atlantic City, it features 2,000 guest rooms and suites, 161,000 square feet of gaming, 200 gaming tables, 4,100 slot machines, 14 destination restaurants, 11 retail boutiques, a 54,000-square-foot spa, 70,000 square feet of event space, and parking for 7,100 cars.

For more information on Borgata Hotel Casino and Spa, visit www.theborgata.com.

About WPT Enterprises, Inc.

WPT Enterprises, Inc. (NASDAQ: WPTE) is a company engaged in the creation of internationally branded entertainment and consumer products driven by the development, production, and marketing of televised programming based on gaming themes. WPTE is the creator of the World Poker Tour®, a television show based on a series of high-stakes poker tournaments that airs on the Travel Channel in the United States and more than 100 markets globally. WPT Enterprises currently licenses its brand to companies in the business of poker equipment and instruction, apparel, publishing, electronic and wireless entertainment, DVD/home entertainment, casino games, and giftware. For show information, tools for improving poker play, and other WPT news, fans may log on to www.worldpokertour.com. The company is also engaged in the sale of corporate sponsorships. WPT Enterprises, Inc. is a majority owned subsidiary of Lakes Entertainment, Inc., a publicly held company. Photos and media information can be found online at: www.worldpokertour.com.

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