8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): May 23, 2008

WPT Enterprises, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

Delaware	333-14479	77-0639000
_____________________ (State or other jurisdiction	_____________ (Commission	______________ (I.R.S. Employer
of incorporation)	File Number)	Identification No.)
5700 Wilshire Blvd., Suite 350, Los Angeles, California		90036
_________________________________ (Address of principal executive offices)		___________ (Zip Code)

Registrant’s telephone number, including area code: 323-330-9900

Not Applicable
______________________________________________
Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement.

On May 23, 2008, WPT Enterprises, Inc. (the "Company") entered into Amendment Number 3 (the "Amendment") to the television license agreement, dated as of April 2, 2007, by and between the Company and Game Show Network, L.L.C. (the "GSN Agreement"). In the Amendment, the parties agreed to amend the GSN Agreement to provide for a one-time extension of GSN's option pickup date to broadcast the seventh season of the World Poker Tour series (formerly on May 24, 2008) to June 7, 2008.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	WPT Enterprises, Inc.
May 27, 2008	By:	/s/ Adam J. Pliska
		Name: Adam J. Pliska
		Title: General Counsel & Secretary

Exhibit Index

Exhibit No.	Description
10.1	Amendment Number 3, dated May 23, 2008, to the agreement by and between WPT Enterprises, Inc. and The Game Show Network, L.L.C., dated April 2, 2007

EX-10.1

Exhibit 10.1

As of May 23, 2008

Mr. Mark Feldman
Executive Vice President & General Counsel
GAME SHOW NETWORK
2150 Colorado Avenue
Santa Monica, CA 90404

Re: World Poker Tour Series VII Option Pickup Extension
Amendment #3

Dear Mr. Feldman:

Pursuant to the request of our CEO & President, Steve Lipscomb, I am happy to amend our television license agreement dated April 2, 2007 to reflect a one-time extension of our option pickup date solely for Season VII of the World Poker Tour Series until June 7, 2008 (formerly May 24, 2008).

Except as otherwise herein expressly amended the Agreement is in all other aspects hereby ratified and confirmed. Please acknowledge your acceptance of the foregoing by signing in the space provided below.

Sincerely,

WPT ENTERPRISES, INC.

By: /s/ Adam Pliska
Adam Pliska
Title: General Counsel

ACCEPTED AND AGREED:

GAMESHOW NETWORK, L.L.C.

By: /s/ Mark Feldman
Its: Executive Vice President & General Counsel