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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Casino poker language:
- PASS - Opposite of bet. To check, if checked to. To fold, if bet to.
- SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- TAP - In no-limit games, to wager all of one's money in one bet.
- HIT - To make a hand or catch a card or cards that improves one's hand. "I hit a gut-shot draw on the river."
- TO GO - The current betting level, as in "$20 to go" meaning every player must contribute $20 (total) or drop. A $10 raise would then make the pot "$30 to go".