|MINNETONKA, MN (May 20, 2004) –Sycuan Resort and Casino in El Cajon, California is the first gaming facility in the United States to debut the new World Poker Tour All-In Hold ‘EmÒ table game. WPT All-In Hold ‘Em has been developed by Lakes Entertainment, Inc. through a license arrangement with World Poker Tour, LLC, the entertainment and media company that films and produces the World Poker Tour television series currently shown on Travel Channel. |
WPT All-In Hold ‘Em, which is inspired by the World Poker Tour television series, allows players to play a poker-themed table game that allows them to strategize their betting and experience the thrill of making an “all-in” raise or a big bluff. Like the No Limit Texas Hold ‘Em poker played on the World Poker Tour, the WPT All-In Hold ‘Em table game “takes a minute to learn for a lifetime of action” – to quote WPT commentator Mike Sexton. WPT All-In Hold ‘Em is distinctive, however, in that players only play against the dealer rather than against the other players at the table.
The Sycuan Resort and Casino is operated by the Sycuan Band of the Kumeyaay Nation, on the tribe’s traditional El Cajon land, near San Diego. Said Steve Penhall, General Manager, “We feel honored to be the first to introduce this exciting new game. It has all the appeal of Texas Hold ‘Em coupled with the simplicity of Blackjack. Leveraging the visibility of Texas Hold ‘Em that has resulted in part from the World Poker Tour television series, we know WPT All-In Hold 'Em will be a major new attraction in our casino.”
The WPT All-In Hold ‘Em table game is marketed by Lakes Entertainment, a respected name in the gaming world through its previous development and management of Indian casinos across the nation. Lakes Entertainment also owns approximately 80% of World Poker Tour, LLC, the media and entertainment company that films and produces the World Poker Tour television series. Lakes Entertainment is expected to announce in the coming months other casinos that will feature the WPT All-In Hold ‘Em table game.
Players wishing to be among the first to experience WPT All-In Hold ‘Em “first hand” may visit Sycuan Resort and Casino, 5469 Casino Way in El Cajon. For directions go to: www.sycuancasino.com. The phone number is 800-2-Sycuan.
More About WPT All-In Hold ‘Em
What makes “WPT All-In Hold ‘Em” distinctive is that, unlike the traditional Texas Hold ‘Em played on the Tour, players don’t bet against their fellow players—they bet against the dealer only! The table is specially designed to showcase a new derivation of Texas Hold ‘Em, which is easy to learn, easy to play, and provides plenty of action.
In “WPT All-In Hold ‘Em” each player is required to bet the blind ante on every hand. That’s the ticket into the game. Then the player has other betting options, including an optional bonus bet on the hole cards. For example, two red aces pays 50 to 1, while a pair of deuces pays 2 to 1.
Once players have seen the hole cards, they can fold, raise the blind ante by betting five times or “go All-In”, raise ten times the ante bet. Then the action turns to the dealer, who will fold and pay off the bets, or call. If the dealer calls (based on specific rules), the play continues with the flop, turn and the river. If the player’s best five-card poker hand beats the dealer’s, the player wins his ante and the raise bets.
About the Sycuan Tribe
The Sycuan Band of the Kumeyaay Nation. Sycuan Tribal Development Corporation (STDC) is the business development arm of the Sycuan Tribe. Its purpose is to expand and diversify the economic base of the tribal government, thereby ensuring the future well being of tribal members and the broader San Diego community through job retention and creation and tax generation.
Other ventures of STDC include the purchase of the Singing Hills Resort in the year 2000; selection as the master developer of Marina Gateway Place, a combined hotel-retail development in National City; launch of Sycuan Capital Management (Sycuan Capital), the first Tribal-owned registered investment adviser licensed by the S.E.C.; acquisition of the U.S. Grant Hotel, a 284 room historic hotel in the heart of downtown San Diego; and future development of Sycuan Square, a 12-acre commercial property in Dehesa near the Sycuan Casino.
About Lakes Entertainment, Inc.
Lakes Entertainment, Inc. currently has development and management agreements with four separate Tribes for four new casino operations, one in Michigan, two in California and one with the Nipmuc Nation on the East Coast. In addition, Lakes Entertainment has agreements for the development of one additional casino on Indian-owned land in California through a joint venture with MRD Gaming, which is currently being disputed by the Tribe. In addition, Lakes Entertainment owns approximately 80% of the World Poker Tour, the entertainment and media company that films and produces the World Poker Tour television series currently shown on Travel Channel. Lakes Entertainment, Inc. common shares are traded on the Nasdaq National Market under the trading symbol “LACO”.