PartyGaming Approaches Empire Online About a Takeover

Nov. 3 — PartyGaming Plc, the owner of the PartyPoker Web site, said it may buy Empire Online Ltd. to grab a greater share of the $8.2 billion Internet gaming market as growth slows. Empire’s stock rose as much as 9.1 percent.The proposal is the second for Empire, which helps poker and casino Web sites win business and in September ended talks on a possible takeover by Sportingbet Plc. Empire, which has a market value of about 350 million pounds ($622 million), confirmed the approach today in a …

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Fri, November 4th, 2005

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Poker glossary:

  • UNDERDOG - Before all the cards are dealt, a hand that does not figure to be the winner. Ant: FAVORITE.
  • POSSIBLE [STRAIGHT/FLUSH] - Up cards that quite possibly could lead to a straight and/or a flush.
  • SCOOP - To take all of a pot that is normally split, either by winning both halves outright or winning one half when no players qualify for the other half.
  • TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
  • BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".
  • FACE CARD - A jack, queen or king (a card with a face on it, not joker).
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