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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Casino poker language:

  • EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.
  • MARKED CARDS - Cards that have been (illegally) altered so that their value can be read from the back.
  • RAGS - Board cards that are small, not suited and not in sequence, e.g., 9-5-2. When "rags flop", it is unlikely that anyone has a good hand, except possibly the big blind in an unraised pot.
  • FLOP - [1] In Hold'em, the first three community cards, dealt simultaneously. [2] To deal a flop, or to make a hand on a flop. "I flopped trips".
  • STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
  • COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
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