The World Poker Tour (WPT) is one of the biggest brands in poker and has millions of fans worldwide. It’s also a great way for players to get into the game and make money. You might be wondering: Is WPT legit? If so, this article will help you understand how it works and whether or not it’s worth your time.
What Is World Poker Tour?
The World Poker Tour (WPT) is a legitimate company that was founded in 2002. It was originally called World Poker Tour, Inc. and is based in Los Angeles, California, USA. The company’s founder is Steven Lipscomb.
If you want to play live tournaments and win real money, then WPT Global is definitely worth your time. There are plenty of other online poker sites that offer similar games and tournaments but they don’t have the same level of prestige as this company does.
Context, Background and History of WPT
WPT Global is a subsidiary of Element Partners. WPT was founded in 2002 and has its headquarters in Los Angeles, California. The first event was held at Bellagio Casino & Resort in Las Vegas, Nevada and consisted of five events with an overall prize pool worth $2M. Currently there are more than 50 events per year with an average prize pool of $1M+, making it one of the largest poker tourneys in the world today.
Is WPT Legal? Is WPT Licensed?
It’s important to note that WPT is legal. It is a member of the Association of Gaming Regulation, and is licensed by the Kahnawake Gaming Commission. The company has a license to operate in the US, as well as in the UK and Canada. It’s also licensed for operation in Australia. It broadcasts its tournaments in several continents including Europe, Asia and South America.
Does It Prove Social Value?
So what makes WPT a social value? In short, it’s the way that the tour brings people together. The tours are held all over the world in different countries and cities and they bring players from all walks of life together for some good old fashioned poker.
They also provide a safe environment where people can play poker without fear of being taken advantage of or harassed by other players. Plus, there’s often opportunities for players to win money!
Transparency in Practices and Procedures, and Operational Standards
- WPT has a code of conduct.
- WPT has a code of business conduct.
- WPT has a code of player protection.
- WPT has a code of marketing.
- WPT has a code of business ethics
In Conclusion
The WPT is a legitimate company. It has been around for 20 years and is here to stay. The WPT provides a social value to its players, who can play in safe environments under the watchful eye of trained professionals who take their jobs seriously. The fact that this organization has financial health means you can rest assured that your money will be safe from nefarious actors looking to scam someone out of their hard-earned cash with fake websites and scams.
