Press Release

SIX SEASONS OF CHAMPIONS TO RECEIVE WPT CHAMPIONSHIP BRACELET

96 Custom-Made Tiffany & Co. Bracelets to be Presented During WPT Ceremony of Champions at Bellagio April 21^st

(LOS ANGELES) April 8, 2008 – World Poker Tour® (WPT) and Bellagio will host the WPT Ceremony of Champions at the world-renowned “O” Theatre on April 21, honoring the 96 WPT Champions crowned during the first six seasons on tour. In addition to highlighting players’ achievements, historic events and winning moments during the private ceremony, WPT commissioned Tiffany & Co., to design a personalized titanium and diamond bracelet for each Champion. Tiffany & Co. is the world’s premier jeweler and creator of sports league championship trophies for the NFL, MLB, NBA and NASCAR, among others.

“There are so many incredible stories to celebrate from the six World Poker Tour seasons and we are thrilled to pay tribute to each of our WPT Champions,” said WPT Founder, President and CEO, Steve Lipscomb. “The championship bracelet has become synonymous with poker as a symbol of achievement and respect, and we are honored to continue the tradition that Benny Binion began over 30 years ago.”

“The ceremony of champions is a great way to highlight the dedication and hard work it takes to become a winner on the World Poker Tour," said Doug Dalton, Director of Poker Operations for Bellagio. "We are excited to host this sensational event in the ‘O’ Theatre and we look forward to another successful championship event."

The event will kick off at 8:30 p.m. with a private cocktail party for players and VIPs at the “O” Theatre lobby where the “Art of Richard McDonald” exhibition is currently on display. The ceremony will begin at 10:00 p.m. and will be led by Masters of Ceremony, Mike Sexton and Vince Van Patten, WPT commentators who have crowned every WPT Champion since the first WPT tournament was held at Bellagio six years ago. Interviews, footage and other content from the exclusive event will be aired online via WPT Live Updates on www.worldpokertour.com.

WPT Champions and their guests can RSVP for this private event by contacting Lyndsay LaGree at llagree@worldpokertour.com or 323.330.9876. Media can also submit inquiries to Ms. LaGree for additional information, media interview requests, or press credentials for this event.

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About WPTE

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 GSN in the United States. WPT is licensed for broadcast globally. WPTE also offers a real-money online gaming website, www.worldpokertour.com, which prohibits wagers from players in the U.S. and other restricted jurisdictions. WPTE 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. The company is also engaged in the sale of corporate sponsorships. For show information, tools for improving poker play, and other WPT news, fans may log on to www.worldpokertour.com. WPTE is a majority owned subsidiary of Lakes Entertainment, Inc. (Nasdaq: LACO). Photos and media information can be found online at: www.worldpokertour.com/media

WPTEG

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. Certain information included in this press release (as well as information included in oral statements or other written statements made or to be made by WPT Enterprises, Inc.) contains statements that are forward-looking, such as statements relating to the expansion of WPTE's brand licensing, the development of new television and film projects, the development of WPTE corporate sponsors and other business development activities, as well as statements regarding other capital spending, financing sources and the effects of competition. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of WPTE. These risks and uncertainties include, but are not limited to, WPTE's significant dependence on the Travel Channel as a current source of revenue and GSN as a future source of revenue, and the risk that GSN will not exercise its options to air season of the WPT series beyond Season VI; difficulty of predicting the growth of our online gaming business, which is a relatively new industry with an increasing number of market entrants; reliance on the efforts of CryptoLogic to develop and maintain the online gaming website in compliance with WPTE’s business model and applicable gaming laws; the potential that our television programming will fail to maintain a sufficient audience; the risk that competitors with greater financial resources or marketplace presence might develop television programming that would directly compete with WPTE's television programming; the risk that WPTE may not be able to protect its entertainment concepts, current and future brands and other intellectual property rights; risks associated with future expansion into new or complementary businesses; the termination or impairment of WPTE's relationships with key licensing and strategic partners; and WPTE's dependence on its senior management team. For more information, review WPTE's filings with the Securities and Exchange Commission.

Contact:

Lyndsay LaGree

WPT Enterprises

323 599 9145

llagree@worldpokertour.com