PartyGaming Absorbs Partners
Online poker giant PartyGaming will be assimilating two of its four partners in preperation for launching a new and improved service. Of its four partners two, Multipoker and IntertopsPoker, will be bought and absorbed, one, Coral Eurobet will be leaving the platform and the fourth, Empire Online, is now wondering what will happen.
PartyGaming agreed to purchase Multipoker for $14.5 million cash and the bulk of IntertopsPoker for around $4 million cash. Combined these two deals will add around 300,000 players to PartyGaming’s PartyPoker Web site…
Related Online Poker and Poker Industry News:
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- PartyGaming Announces 2005 Financials, CEO’s departure
- PartyGaming Considering Empire Poker Purchase
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- Former Poker Pals Clash
- Empire Online settlement with PartyGaming close at hand
- PartyGaming buys MultiPoker and IntertopsPoker skins
- PartyGaming To Take Online Poker To Next Level In 2006
- PartyGaming Likely to Settle Online Poker War with Empire Online for $200 Million
Poker lingo:
- ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
- CASE - The fourth card of a particular rank, as in "he folded the case 9" when describing where all the 9s were in a hand. Comes from the game of Faro where an employee of the house, called the "case keeper". kept track of the number of each rank of card remaining.
- GOOD GAME - A game with players worse than you so that you can expect to win a lot of money.
- DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
- NO-LIMIT POKER - A game where there is no maximum bet; a player can wager any amount (perhaps above some minimum) up to whatever money is on the table in front of him.
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).

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