World Poker Tour operator may be sold

Casino developer Lakes Entertainment Inc. of Minnetonka said Wednesday that it is considering selling all or part of its majority stake in World Poker Tour operator WPT Enterprises Inc. to raise cash.

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Wed, November 23rd, 2005

Related World Poker Tour and Poker Industry News:

Poker terminology:

  • FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
  • SET - In Hold'em, three of a kind where two of the cards are hole cards.
  • ANTE - A small bet all players are required to make before a hand is dealt. Not all games have an ante. Related terms: BLIND, FORCED BET.
  • BIG BLIND - A blind bet, usually a raise of an earlier blind which would be called the SMALL BLIND. In limit poker, the BIG BLIND is usually the size of the minimum bet on the first round of betting.
  • EVEN-MONEY - A bet that pays off exactly the amount wagered. E.g., "Double or nothing" is an even-money bet.
  • ROLLED UP - In seven-card stud, being dealt three of a kind in the first three cards.
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