WPT Enterprises Takes on Financial Advisor to Investigate Sale or Merger Options

(Press Release) WPT Enterprises, Inc. (Nasdaq: WPTE), developer and owner of the World Poker Tour(R) and the Professional Poker Tour(TM), announced today that it has engaged Thomas Weisel Partners LLC as its financial advisor to assist it in exploring strategic alternatives, including, but not limited to, the sale or merger of the business with another entity offering strategic opportunities for growth.

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Poker glossary:

ON THE COME - A situation where the player does not have a complete hand but hopes to make one if the right cards come up.
SEAT POSITION - The actual seat a player has, normally numbered sequentially starting with 1 as the first seat to dealer's left. Not to be confused with POSITION in a particular pot. Typically unrelated to play of a hand but often important in peripheral aspects, e.g.: "Seats 1 and 10 are nonsmoking here", "Seat 5 has a good view of the table", "Seat 3 is in a high-traffic area".
BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
RAIL - A barrier dividing the card playing area from a public area.
WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
LOOSE - Playing more hands than the norm. Antonym: TIGHT.

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