Press Release

Amanda Leatherman is the New World Poker Tour Live Updates Hostess

FOR IMMEDIATE RELEASE

WORLD POKER TOUR® WELCOMES SEASON VII

WPT LIVE UPDATES HOSTESS

(LOS ANGELES) July 10, 2008 – As Bellagio Cup IV gets under way tomorrow, World Poker Tour (WPT) fans will see a new face online reporting live tournament action from the poker room floor. Seasoned tournament reporter Amanda Leatherman will take the reigns as WPT Season VII Live Updates Hostess, delivering up-to-the minute action, behind-the-scenes look at life on the tournament trail, player interviews, blogs, video updates and more.

“Amanda is a great addition to the WPT Live Updates team. She is extremely knowledgeable about the game, the players and the world of high stakes tournament poker,” said Joseph Grimm, WPT executive producer. “We are excited and very lucky to have her on board.”

Since reporting her first tournament in 2006—the WPT Season IV LAPC— Amanda has reported from almost every high caliber poker tournament including three seasons of WPT, the 2007 and 2008 Aussie Millions, 2006 and 2008 NBC Heads Up, the 2008 European Poker Tour Grand Finals and three seasons of World Series of Poker. Continuing her career with Poker Road Radio, Amanda can also be seen hosting online video columns The Poker Mind and Destination Unknown as well as providing the Daily News Brief.

"I’m a poker player and have been for quite a while now," Amanda said, "so I am very comfortable talking about hands and strategies. Plus I know a lot of the regulars on tour and it’ll be a lot of fun to talk with them on the webcam."

In addition to welcoming a new Live Updates hostess, WPT is currently in discussions with candidates for the television hostess role. Fans will see a new integration of the TV hostess role for Season VII production of World Poker Tour. More details to come soon.

Log on to www.worldpokertour.com to find all the up to the minute action, player interviews, blogs and video updates live from the tournament floor at every stop on the WPT tournament trail.

###

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 Monday nights at 9pm ET/PT on GSN in the United States, and has been licensed for broadcast globally. WPTE also offers real-money online gaming on its website, www.worldpokertour.com which prohibits wagers from players in the U.S. and certain other restricted territories. WPTE also has operations in mainland China, pursuant to an agreement with the China Leisure Sports Administrative Center where WPTE is developing and marketing the WPT China National Traktor Poker Tour. In January 2008, the company launched ClubWPT.com, an innovative subscription-based online poker club targeted to the estimated 60 million poker players in the United States and is currently offered in 38 States. 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). (WPTEF)

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
323 330 9876
llagree@worldpokertour.com