BetandWin Buys Out Rival Ongame in Deal
VIENNA, Austria (AP) - Austrian online gambling site BetandWin said Friday that it is buying Swedish gambling site Ongame.com for at least €473.6 million (US$568.4 million) in a deal that would create one of the world’s largest publicly listed gambling companies. The deal is expected to be completed in the first four months of 2006, pending final approval from BetandWin’s supervisory board, regulatory approvals and other conditions. BetandWin said it was acquiring 100 percent of the shares in O…
Related Online Poker and Poker Industry News:
- Ongame Poker Acquired by BetandWin
- BetandWin enters into takeover talks with OnGame
- Betandwin.com Bets on Ongame
- BetandWin seals OnGame takeover
- BETandWIN.com to Buy Ongame Network
- Online Poker Room Shuffles Executives
- BetandWin Buys Online Poker Company Ongame
- Pokeroom.com Founders Set To Make Their Fortune
- Another Poker Site Joins Ongame Network
- Ongame links poker network with Coral Eurobet
- Father And Sons Hit Poker Jackpot
- BetOnBet Defects to Microgaming Poker Network
Poker jargon:
- RUSH - A winning streak. Also "ON A RUSH".
- REPRESENT - Implying, by one's betting style, that one has a particular hand.
- POCKET ROCKETS - In Hold'em, a pair of aces for hole cards.
- STAKE - The amount of a player's BUY-IN, or the amount of money they are willing to play with in a given session. Compare: BANKROLL.
- CAP - To cap the betting is to make the last permitted raise in a round.
- TURN - The fourth community card in Hold'em.

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