2008 hasn't been going that well for World Poker Tour Enterprises. The company has announced losses of almost 25% compared to the same quarter last year. Online gaming revenues were down 50% in a year, and WPT stock lost $0.14 per share during just this quarter.

Much of the losses can be attributed to the WPT going through a transitional period, as they moved their programming to the Game Show Network, invested heavily in future markets in Asia, and began prepping their full online casino, which is due to launch at the end of the second quarter.

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