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They need to do something. If you lose $5mil a year during the poker boom, you're doing a terrible job.
How in the hell do you lose money right now, that's what I want to know.
Personally, I hope ESPN buys WPTE or they go out of business. That's what poker really needs to happen.
WPTE is locked into a terrible TV deal until 2009 or 2010. Whoever made that deal should be fired, and I'm sure the CFO was right in the middle of it.
/rant
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Further rant...
You're the only game in town, and this is your financial results....
http://moneycentral.msn.com/investor...px?Symbol=WPTE
That's solid.
Please, let someone else who knows what they are doing to a shot at this. Unfortunitely, contracts signed with all the good casinos keep this from happening (thus, a buyout or bankruptcy is needed).
Would you invest in a company that is losing money in the poker business right now? Hell no.
gg WPTE.