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.
Related Poker News:
- Empire Online settlement with PartyGaming close at hand
- PartyGaming Founder Anurag Dikshit Reported to Settle with US Authorities
- PartyGaming pays $250m to settle Empire suit
- Online Poker Landscape Set To Change As PartyGaming Makes A Big Move
- Online Poker Feud Ending
- PartyGaming To Take Online Poker To Next Level In 2006
- PartyGaming Announces 2005 Financials, CEO’s departure
- PartyGaming Considering Empire Poker Purchase
- PartyGaming Outplay Empire In The Biggest Poker Game
- UIGEA Effects: Hints from Online Poker’s Financials
- PartyGaming Earnings Report: CEO Garber to Step Down
- PartyGaming buys MultiPoker and IntertopsPoker skins
- OVER - A term used in describing two pair or a full house. "Kings over tens" means two pair, kings and tens. "Jacks over", also "Jacks up" describes a hand that is two pair: Jacks with an unspecified lower pair. Also used to describe a full house, distinguishing the three of a kind from the pair. The hand J-J-J-A-A could be described as "Full house, Jacks over Aces".
- HOLE CARDS - In Stud and Hold'em, the face-down cards dealt to each player.
- SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
- COMPUTER HAND - Texas Hold'em hole cards of Q-7 offsuit. More generically, any hand that computer analysis/simulation determines is positive but turns out to be difficult to play in practice.
- STRAIGHT FLUSH - A hand consisting of 5 cards in sequence and the same suit.
- SUICIDE KING - King of Hearts. So named because in the drawing the king appears to be stabbing himself in the head.