Poker Room Could Be Bought Out For $500 Million!
The biggest online poker news of the day is that Pokerroom.com, the third largest online poker company in the world, could be taken over by the European online sportsbook Bet And Win for the cool sum of half-a-billion dollars.
Negotiations are well underway, and have reached a formal stage with a “Memorandum of understanding” entered into between Bet and Win and Ongame.
Ongame is a Swedish company, and one of the biggest Internet success stories to date…
Related Poker Industry News:
- Poker Room Review: The MGM Grand in Las Vegas
- Poker Room Review: Treasure Island
- Arizona Poker Room Opens Forum
- Poker Room Review: The Rio
- Poker Room Review: The Orleans, Las Vegas
- Tribeca Network Leaves US but Doyles Room Stays
- Online Poker Room Offers Cash to New Players
- Poker Room Review: Mohegan Sun, Uncasville, CT
- Online Poker Network Signs Spanish Poker Room
- Poker room fills the room
- Doyles Room Online Poker Booming
- Swedish Online Poker Room Breaks Together
Poker lingo:
- MISDEAL - A hand dealt incorrectly that must be re-dealt.
- STUD - Any of several poker games in which some of each players' cards are exposed.
- BIG BOBTAIL - An open-ended 4-card straight flush.
- GUT SHOT - A draw to an inside straight, as in 2-3-4-6.
- ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
- OMAHA - A variant of Hold'em where each player receives 4 hole cards and must use exactly two of them (together with 3 of 5 board cards) to make a hand. Often played high-low split with an 8 qualifier for low.
RSS feed
