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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- SPREAD LIMIT - A variation on fixed limit wherein the minimum and maximum bets are different. A 1-4-8 game allows bets from 1 to 4 in the early rounds and 1-8 in the last round. A 1-4-8-16 game allows bets from 1 to 4 in the early rounds, 1 to 8 in the next-to-last round, and 1 to 16 in the last round.
- FACE CARD - A jack, queen or king (a card with a face on it, not joker).
- LAY ODDS - To give favorable odds to an opponent.
- BIG BOBTAIL - An open-ended 4-card straight flush.
- MUCK -  A collection of face-down cards near the dealer composed of discards, i.e., folded hands, burns and discards for drawing purposes.  To throw one's cards into the muck, thus folding.
- OVER - A term used in describing two pair or a full house. "Kings over tens" means two pair, kings and tens. "Jacks over", also "Jacks up" describes a hand that is two pair: Jacks with an unspecified lower pair. Also used to describe a full house, distinguishing the three of a kind from the pair. The hand J-J-J-A-A could be described as "Full house, Jacks over Aces".