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Friday, March 7th, 2008


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Showing why he keeps his reputation as one of the game’s best, Patrik “Finddagrind” Antonius got the fan boys in a sweat again today, stepping up for another heads-up $1k/$2k Limit Hold’em session on Full Tilt Poker with Matt “Hoss_TBF” Hawrilenko - a player Antonius himself called one of the top five Fixed-Limit Hold’em players in the world in a recent interview with a Finnish poker magazine.

It wasn’t a particularly epic session by any means, lasting only an hour or two, but it was still long enough to show even Limit Hold’em can carry some big swings.

At one point Antonius looked to be up about $80k, but by the end of the session Hawrilenko had turned the tables and walked away up about $7k.

In the end, of course, there were also enough big hands for the two to dominate the top ten list of biggest hold’em pots online so far today.

Biggest pot overall from the session was for $28,000 and went to Hawrilenko, who showed down K-Q offsuit to drag the chips. Here’s the hand history, compliments of the PokerListings.com MarketPulse Biggest Pots section.

Full Tilt Poker Game #5536989765: Table Harlin (heads up) - $1000/$2000 - Limit Hold’em - 8:04:59 PST - 2008/03/07

Seat 1: Hoss_TBF ($57,466.50)
Seat 2: FinddaGrind ($104,464.50)
Hoss_TBF posts the small blind of $500
FinddaGrind posts the big blind of $1,000
The button is in seat #1

Hole Cards

Hoss_TBF raises to $2,000
FinddaGrind calls $1,000

Flop: #3s-#4h-#Ks

FinddaGrind checks
Hoss_TBF bets $1,000
FinddaGrind raises to $2,000
Hoss_TBF calls $1,000

Turn: #3s-#4h-#Ks-#Qh

FinddaGrind bets $2,000
Hoss_TBF raises to $4,000
FinddaGrind raises to $6,000
Hoss_TBF raises to $8,000
FinddaGrind calls $2,000

River: #3s-#4h-#Ks-#Qh-#Ah

FinddaGrind checks
Hoss_TBF bets $2,000
FinddaGrind calls $2,000

SHOW DOWN

Hoss_TBF shows #Kd-#Qs for two pair, Kings and Queens
FinddaGrind mucks
Hoss_TBF wins the pot ($27,999.50) with two pair, Kings and Queens

To see more hand histories from the session, and more of the biggest hold’em pots won online over the last day, week and month, jump over to the PokerListings.com MarketPulse section.

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WPTE’s net loss for the fourth quarter of 2007 was $1.8 million, compared to a net loss of $1.1 million for the same period in 2006. For year-end 2007 the company’s net loss was $9.6 million, compared to net earnings of $7.8 million in 2006.

The company’s 2007 revenue was approximately $7.6 million lower than the year before. CEO Steve Lipscomb attributed that drop to two main factors.

The first is that WPTE delivered a total of only 22 episodes of television programming, as compared to 45 episodes the year before. The difference is almost completely attributable to the Travel Channel declining to pick up a second season of the Professional Poker Tour; it had ordered the complete first-season PPT run of 24 episodes in 2006.

The second is that WPTE’s 2006 revenue included a $10.2 million pre-tax gain on the sale of PokerTek common stock. There was no such buffer against losses this year.

Other minor factors impacting WPTE’s bottom line for 2007 were lower international television licensing revenues and lower online gaming revenues. The losses were partially offset by almost-doubled hosting and sponsorship revenues.

While WPTE’s earnings and revenues both dropped substantially, Lipscomb is upbeat about the shift in strategy his company began undertaking in 2007.

“We have been focused on shifting our business from a traditional media and entertainment company to a multimedia entertainment and gaming company,” Lipscomb said, noting the company’s partnership with online gaming network Cryptologic and its new broadcast and promotion deal with GSN.

One of the most potentially lucrative new ventures for WPTE is its exclusive 10-year agreement with the China Leisure Sports Adminstration Center to “promote and grow the sport of Poker in China.” That includes a five-year renewable agreement to sponsor China’s first-ever National Traktor Poker Tour, based on a traditional Chinese folk game called Tuo La Ji that has been described as a cross between gin and bridge.

WPTE expects its association with China to boost future revenues through sponsorship, television, and online and mobile subscription opportunities.

The company also expects increased revenues from its new ClubWPT.com Web site, which it describes as “an innovative subscription-based online poker club targeted to the estimated 60 million poker players in the United States.”

According to the CEO, WPTE’s marketing strategy for the near future will focus on product improvements, localized content and driving players to its Web site.

“With our positive momentum and world-class brand,” Lipscomb said, “we are enthusiastic about the prospects for 2008 and beyond.”

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