Lakes Entertainment To Sell Off WPT?
As we entered into the Thanksgiving holiday Lakes Entertainment, who owns approximately two-thirds of World Poker Tour Enterprise stock, issued one of those good news/bad news type statements on its financial dealings.
Related World Poker Tour and Poker Industry News:
- Lakes Entertainment Considers Selling World Poker Tour
- World Poker Tour For Sale
- Lakes Entertainment Closes Refinancing Deal
- Lakes Entertainment Giving Away WPT Stock to Shareholders
- Casino developer might sell poker tour stake to keep running
- Lakes Entertainment Files Ohio Casino Petition
- Earnings Up for WPT
- Lakes Entertainment swings to profit on World Poker Tour gains
- Lakes Entertainment Profitable on Poker
- Poker subsidiary drives revenue for Lakes
- Land O’ Lakes resort attracting college kids with strip poker
- World Poker Tour Might Be Up For Sale
Useful poker terms:
- FACE CARD - A jack, queen or king (a card with a face on it, not joker).
- WHEEL - A-2-3-4-5. Usually discussed in the context of lowball where it is the best possible hand. Can also refer to a 5-high straight in high games. Also: BICYCLE.
- BACK DOOR - Applies to a hand that was made in the last card or two, specifically not a hand the player was originally planning on having. Most often applied to straights and flushes.
- SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
- CALLER - One who calls. Sometimes used collectively, as in "3 callers".
- BLANK - Used in describing stud and Hold'em games. Refers to a dealt card that does not offer any value; stating the actual rank and suit would detract from a description of the hand. "The last card was a blank.".

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