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.

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Tue, November 29th, 2005

Related World Poker Tour and Poker Industry News:

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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