SOURCE: Borgata Hotel Casino & Spa

January 26, 2006 17:05 ET

Borgata Winter Poker Open Heats Up

ATLANTIC CITY, NJ -- (MARKET WIRE) -- January 26, 2006 -- As in previous tournaments of the Borgata Winter Poker Open, the turnout for Event Five, the $1,000 buy-in, was better than expected--362 players graced the felt and raised a prize pool of $362,000. While many tournaments struggle to fill their second-time events, the attendance for Event Five once again showed that players are hungry for Borgata's poker action.

The second $1,000 buy-in tournament finally came to a close in Borgata Hotel Casino and Spa's Event Center late Wednesday evening. The lone man left standing from this more than 20-hour test of wills was David Daneshgar from Los Angeles, CA. He collected $110,410 for his well-deserved first-place finish, while Fotios Nicoles from Clifton, NJ, collected $60,816 and the respect of all of the players and fans watching the final table.

According to World Poker Tour Reno winner, Arnold Spee, players come to Borgata tournaments because of the attention Borgata staff gives players and the game itself. "I think Borgata has the best run event series in the country. The chip amounts they give you to start with are unbelievably great and the hour-long blinds are second to none. Stan (Strickland) and Tab (Duchateau) go out of their way to make sure the players are happy."

According to Atlantic City and Borgata cash game regular Jimmy Mitchell, no matter what a player's experience was that day at the tables, they leave Borgata satisfied. "The staff always gives a hundred percent here and what other casino gives away Cadillacs? Borgata knows how to be loyal to its players. I'm really looking forward to seeing their new poker room." Mitchell finished seventh in the first Borgata Winter Poker Open $1,000 buy-in tournament.

Event Six, the $1,500 buy-in, also got underway Wednesday with 244 players filling the tables and generating a pot of $366,000. Notable players like World Series of Poker main event runner-up Steve Dannemann, Chip Jett, Chris "Triple Draw" Ferguson, Paul "the Truth" Darden, and two-time Borgata Poker Open winner Bill Blanda, engaged in the poker battle royal that had even some of the game's best players second guessing their tournament strategies.

"Players have to adapt to the changing dynamics of the game. As buy-ins increase, it tends to bring out the best in some players while other less-experienced players fold under the pressure. This is when the best players in the game truly shine," said Tab Duchateau, Borgata's Winter Poker Open tournament director.

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, 125,000 square feet of gaming, 163 gaming tables, 3,600 slot machines, 11 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, and/or to obtain a copy of this press release visit www.theborgata.com or use AOL keyword: borgata. Additional news and information on Boyd Gaming can be found at www.boydgaming.com; additional information on MGM MIRAGE can be found at www.mgmmirage.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.

Contact Information