Doyle Brunson Under SEC Investigation

Poker legend Doyle Brunson recently came under investigation by the Security and Exchange Commission for a possible case of anti-trust law violation. The investigation was launched after a series of events which included an unsolicited bid by Brunson to purchase the gaming group World Poker Tour Enterprises, Inc for a figure that was twice the estimated worth of the company.

Brunson, through his attorneys, made an offer for $700 million. When the news was leaked of the offer, WPT stock jumped by 50% in one day…

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Mon, December 19th, 2005

Related Poker and Law and Poker Legends News:

Poker slang:

  • DRAW OUT - To catch a card that improves your situation from a losing hand to a winning hand, especially when you beat someone holding a hand that usually figures to win.
  • RIVER - The last card dealt in a hand of stud or Hold'em.
  • LOCK - A hand that cannot be beat under any circumstances. Also: NUTS.
  • COLD CALL - Calling both a bet and raise at the same time, as opposed to calling a bet then later calling a raise made after the call.
  • FLAT LIMIT - A variant of fixed limit where all bets are the same amount.
  • UNDER THE GUN - The position that has to act first in a round of betting.
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