PartyGaming Likely to Settle Online Poker War with Empire Online for $200 Million

A settlement for $200 million. That’s what it looks like it will take to finally bring an end to the hostilities between online poker providers PartyGaming and Empire Online. PartyGaming is reportedly prepared to compensate Empire Online with this huge sum in light of having cut off its poker site, Empire Poker, from the millions-strong PartyGaming player base. As of last year’s severance of ties between the two organizations, Empire Poker was left with only a small percentage of active poker players on the site, causing "substantial damage" to Empire Online revenues.

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Sun, February 12th, 2006

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Poker argot:

  • WALK - A pot won by the last blind when no one opens.
  • ONE-EYED - The jack of hearts, jack of spades or king of diamonds. So named because the characters are drawn in profile, thus showing only one eye.
  • FULL OF - Describes a full house. "Fives full of queens" is 5-5-5-Q-Q.
  • OPEN-ENDED STRAIGHT - Four cards to a straight which can be completed by drawing a card at either end. E.g., 6-7-8-9 is an open-ended straight. Also: BOBTAIL STRAIGHT. Compare: INSIDE STRAIGHT.
  • LIVE ONE - The best kind of opponent, a poor player with a lot of money to lose and in a hurry to lose it.
  • 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.
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