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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	April 13, 2007
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  	WPT Enterprises, Inc.
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	&nbsp;
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  	Delaware
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  	333-14479
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  	77-0639000
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	&nbsp;
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  	&nbsp;
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  	5700 Wilshire Blvd., Suite 350, Los Angeles, California
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  	90036
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  _________________________________<BR>
  	(Address of principal executive offices)
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  	&nbsp;
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  ___________<BR>
  	(Zip Code)
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  	Registrant&#146;s telephone number, including area code:
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  	&nbsp;
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  	323-330-9900
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  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:</FONT>
  </P>
  <P><FONT SIZE="2">
  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  <FONT SIZE="2">Top of the Form</FONT>
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  <B>
  	Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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  On April 13, 2007, the Compensation Committee approved a severance policy for members of the executive management team. The policy provides that if any member of our executive management team is terminated without cause, the terminated executive becomes entitled to receive a severance payment in an amount equal to six months of the executive&#x2019;s base salary.  "Termination without cause" is any termination other than termination for (i) an executive&#x2019;s willful and continued failure to substantially perform his or her duties as reasonably assigned, (ii) an executive&#x2019;s indictment for a criminal offense related to theft or embezzlement from the Company, which charges are not dismissed, or of which Executive is not acquitted within one (1) year, or (iii) an executive&#x2019;s indictment for any felony offense that is not the result of actions performed by the executive within the scope of activities approved by the Board, which charges are not dismissed, or of which the executive is not acquitted, within one (1) year. This policy does not apply to Steven Lipscomb, the Company&#x2019;s Chief Executive Officer, while he has any agreement in effect with the Company providing for severance payments.
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  	Item 9.01 Financial Statements and Exhibits.
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  (a) Not applicable.<br><br>(b) Not applicable.<br><br>(c) Not applicable.<br><br>(d) Exhibits. 10.1 Statement of Policy with Respect to Executive Severance<br><br><br>
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  	SIGNATURES
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  	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.
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  	WPT Enterprises, Inc.
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  	&nbsp;&nbsp;
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  <I>
  	April 18, 2007
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  	&nbsp;
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  <I>
  	By:
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  	&nbsp;
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  <I>
  	Scott A. Friedman
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  	&nbsp;
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  <I>
  	Name: Scott A. Friedman
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  <I>
  	Title: Chief Financial Officer
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  	Exhibit&nbsp;Index
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  	Exhibit No.
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  	&nbsp;
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  	Description
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  	10.1
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  	&nbsp;
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  Statement of Policy with Respect to Executive Severance
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_19612.htm", "description": "LIVE FILING", "secsgml_size_bytes": 11155}]
metadata_filer: {"company-data": {"conformed-name": "WPT ENTERPRISES INC", "cik": "0001283843", "assigned-sic": "7812", "irs-number": "611407231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-50848", "film-number": "07774069"}, "mail-address": {"street1": "1041 N. FORMOSA AVE.", "city": "WEST HOLLYWOOD", "state": "CA", "zip": "90046"}}
text: WPT Enterprises, Inc. (Form: 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):
  April 13, 2007
  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))
  Top of the Form
  Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
  On April 13, 2007, the Compensation Committee approved a severance policy for members of the executive management team. The policy provides that if any member of our executive management team is terminated without cause, the terminated executive becomes entitled to receive a severance payment in an amount equal to six months of the executive's base salary.  "Termination without cause" is any termination other than termination for (i) an executive's willful and continued failure to substantially perform his or her duties as reasonably assigned, (ii) an executive's indictment for a criminal offense related to theft or embezzlement from the Company, which charges are not dismissed, or of which Executive is not acquitted within one (1) year, or (iii) an executive's indictment for any felony offense that is not the result of actions performed by the executive within the scope of activities approved by the Board, which charges are not dismissed, or of which the executive is not acquitted, within one (1) year. This policy does not apply to Steven Lipscomb, the Company's Chief Executive Officer, while he has any agreement in effect with the Company providing for severance payments.
  Item 9.01 Financial Statements and Exhibits.
  (a) Not applicable.
  (b) Not applicable.
  (c) Not applicable.
  (d) Exhibits. 10.1 Statement of Policy with Respect to Executive Severance
  Top of the Form
  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.
  April 18, 2007
  By:
  Scott A. Friedman
  Name: Scott A. Friedman
  Title: Chief Financial Officer
  Top of the Form
  Exhibit Index
  Exhibit No.
  Description
  10.1
  Statement of Policy with Respect to Executive Severance