Poker News Provides Readers With Up To Date Room Reviews

Pokernews.info has always provided it’s readers with great room reviews, to give online poker players the very latest information about the biggest and best poker rooms on the internet. Well, the best just got better!

Check out the new tags besides are poker room links. These sites have the latest in poker gaming technology, from the superb multi table, split screen action at pengeluaran hk (where Gus Hansen plays!) to the remarkable bonuses offered by the popular Gaming Club Poker.

International players will also be delighted to see the arrival of Everest Poker, a truly international online poker room which provides poker gaming in 8 languages, this invites more players from around the world to get involved in games as they can chat in their own language, not just English as some poker rooms require. Finally, have you ever wondered what it might be like to play poker against Hollywood movie stars? Well, over at Hollywood Poker you can try your luck against movie superstar James Woods and television personality Vince Van Patten, host and commentator on the WPT.

There’s more to come in future, so stay with Poker News for the latest poker information and up to the minute room reviews.

Lakes Entertainment, majority shareholders in WPT, gets cash injection

Lakes Entertainment, Inc. (Nasdaq: LACO) has announced that it has entered into a settlement agreement with Grand Casinos, Inc. and its parent company, Park Place Entertainment Corporation (now known as Caesars Entertainment, Inc.).

Under the agreement, Park Place has paid to Lakes $11,250,000 in cash in settlement of a tax dispute.

The dispute arose out of a tax allocation agreement between Lakes and Grand in connection with the spin-off of Lakes to the shareholders of Grand in 1998. Under the settlement agreement, if the Internal Revenue Service subsequently disallows the tax benefits that were the subject of the dispute, Lakes will reimburse Grand and/or Park Place for its share of the disallowed benefits.

Lyle Berman, Chairman and CEO of Lakes stated: “We are pleased that this settlement will provide Lakes with additional cash to utilize in its casino development and management business, as well as its other business activities.”

Lakes Entertainment, Inc. currently has development and management agreements with three separate Tribes for one new casino operation in Michigan and two in California. Lakes also has agreements for the development of an additional casino on Indian-owned land in California through a joint venture with MRD Gaming, which is currently being disputed by the Tribe.

Additionally, the Company owns approximately 63% of WPT Enterprises, Inc. (Nasdaq: WPTE), a separate publicly held media and entertainment company principally engaged in the development, production and marketing of gaming themed televised programming including the World Poker Tour television series, the licensing and sale of branded products and the sale of corporate sponsorships.

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