SEC investigates Doyle Brunson’s WPT takeover bid
The Securities and Exchange Commission (SEC) is investigating a $700 million offer for California-based WPT Enterprises made on behalf of Doyle Brunson by the Las Vegas law firm Goodman & Chesnoff PC. After announcing the offer in July this year, WPT’s share price increased rapidly by more than 50 percent, but it went down just as fast when WPT couldn’t get any info on the offer from neither Brunson nor his attorneys.
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Poker slang:
- FIRE - To make the first bet in a betting round. Used to emphasize that the player bet when a check was possible, showing strength.
- LEAK - To show one's hole cards (often unknowingly).
- KICKER TROUBLE - Not having as high a kicker as an opponent.
- TURN - The fourth community card in Hold'em.
- DOOR [CARD] - A player's first upcard in stud games.
- MILES OF BAD ROAD - Three of a kind. Prefixed with a number, 3*<N>, to indicate 3 <N>s. Thus "24 miles of bad road" is 3 eights, etc. (This obviously doesn't work for face cards.)
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