PartyGaming looks to fuel poker explosion

Thanks to the Internet and television, poker exploded outside its U.S. homeland in 2005, and PartyGaming Chief Executive Richard Segal sees technology boosting that boom further in 2006.

Internet poker took a firm hold in 2005, sparking three big London stock market flotations, generating revenues of around $2 billion and launching games and books that are now topping Christmas lists around Europe.

PartyGaming takes about half of that $2 billion pot, and it has big plans for further growth. The company is assessing acquisitions and everything from mobile phones to interactive television…

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Useful poker information:

LIVE [CARD] - In Stud, a card probably not held by other players.
EDGE - An advantage over an opponent, either specific or subjective.
MITES AND LICE - A hand consisting of two pair, threes over twos.
TAPPED [OUT] - Out of money. Can refer to a player running out of money in the course of a hand, thus still active for the main pot; or can refer to a player who has lost his bankroll and can no longer play.
CRYING CALL - A call made with little chance of ultimately winning, but marginally better than an immediate fold.
PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.

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