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:
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- 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
Useful poker terms:
- FLOORMAN - The casino representative in charge of the card room or a section of a card room. Arbitrates disputes when unusual events happen.
- HOYLE - Edmund Hoyle (1769-?) was the authoritative source for rules of card games. Hoyle is to card rules as Webster is to word definitions.
- TOP TWO PAIR - In flop games, having hole cards that make the highest possible two pair hand.
- ASSAULT RIFLE - In Omaha, hole cards that are A-K-4-7 of any suit(s).
- WIRED [PAIR] - A pair in the hole. In 5-card stud, a door card that pairs the hole card.
- TABLE STAKES - A standard rule whereby during a hand players can only bet the money they have on the table. If the bet to a player is more than the player's stack, that player may call with all his chips and be eligible to win only that portion of the pot he contributed to equally. A side pot is created, for which only the remaining players may compete.

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