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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- HOUSE RULE - Rules and interpretations (e.g., use of wild cards, or rules on having to show beaten hands) that are specific to an establishment or even tables within the establishment.
- SIDE POT - When an active player runs out of money during the course of a hand, the remaining players participate in a second or SIDE POT for the rest of the hand. Additional side pots are possible if several players run out of money at different points in a hand.
- RAKE - Money taken from each pot and given to the house in return for hosting the game. Usually a percentage of the pot (5%-10%) up to some maximum amount.
- LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- DRAW -  A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage.  In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw".  To discard some number of cards and have dealt an equal number of replacements.