SOURCE: Borgata Hotel Casino & Spa

September 16, 2005 14:29 ET

New Jersey Man Takes Home $129,600 in Day 4 Event; Hometown Hero Bests Top Poker Champs to Win Largest Cash Prize to Date in 2005 Borgata Poker Open

ATLANTIC CITY, NJ -- (MARKET WIRE) -- September 16, 2005 -- Borgata Hotel Casino & Spa poker tables have seen plenty of action over the last several days of the 2005 Borgata Poker Open. The fourth event of the series, the $1,500 buy-in, proved to be a real barn-burner as players elevated their games to match the increasingly tougher field.

The event's winner, Robert Hwang, otherwise known as "Action Bob," of Clark, N.J., took home the largest cash prize of the 2005 Borgata Poker Open, $129,600, and the coveted championship bracelet. In the end, Hwang bested Brooklyn's Eugene Todd, who collected $72,900 for placing second in a strategic head-to-head chess match. But in the end, "Action Bob" could not be denied.

Hwang, who calls Borgata his "home casino," was adamant about the event's classiness and quality. "This is definitely the nicest casino in New Jersey. They really improved on the tournament from last year. They really did a tremendous job. I love playing here."

The fourth event of the tournament also saw several other top-flight players in action, World Series of Poker (WSOP) Seven Card Stud champion Cliff Joesphy, World Poker Tour Reno main event winner Arnold Spee, and this year's WSOP fifth place finisher, Dublin, Ireland's Andy Black. Despite this impressive collection of pros, Black was the only player in the group to make the final table, finishing third and taking home $38,475.

Players once again voiced their pleasure with Borgata, its staff, and the tournament structure. "It's my favorite hotel that I've been in. Compared to anywhere in Las Vegas, it's bright and breezy and there are lots of seating areas, which is great. It seems slightly more chilled than Vegas," Black said.

According to Spee, in addition to the perks of staying at a beautiful hotel, the tournament structure is well-suited to players. "It's a beautiful hotel. I like the rooms. I like everything about the hotel, plus the tournament structure is great. You get plenty of chips and the hour level changes, which for the better players, is more to their advantage because they're more patient."

About Borgata Hotel Casino & Spa

Borgata is a joint venture development of Boyd Gaming Corporation (NYSE: BYD) and MGM MIRAGE (NYSE: MGG). Located at Renaissance Pointe in Atlantic City, it features 2,000 guest rooms and suites, 125,000 square feet of gaming, 11 destination restaurants, 11 retail boutiques, a 50,000-square-foot spa, 70,000 square feet of event space, and parking for 7,100 cars.

For more information on Borgata or to obtain a copy of this press release, please 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.

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