Lakes Entertainment Considers Selling World Poker Tour

Major casino developer Lakes Entertainment Inc, has announced that it may sell all or a portion of its shares in World Poker Tour operator WPT Enterprises Inc. (WPTE).

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Fri, November 25th, 2005

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Poker dictionary:

  • WALK - A pot won by the last blind when no one opens.
  • OPENER - The player who opens the betting, especially in draw poker. A hand may have no openers, in which case it is PASSED OUT, i.e., new hands are dealt.
  • OUT - [1] A card that will improve your hand, often substantially. A hand with many OUTS is preferable to a hand with only 1 or 2. [2] Folded, ineligible to bet or win this hand. "I'm out" is often a synonym for "I fold".
  • SUITED - Two or more cards all the same suit. Ant: OFF-SUIT.
  • WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
  • LEAK - To show one's hole cards (often unknowingly).
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