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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Poker glossary:
- BIG SLICK - In Texas Hold'em, hole cards of A-K, suited or not.
- FULL HOUSE - A hand consisting of 3-of-a-kind and a (different) pair.
- 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.
- SMALL BLIND - In games with two blinds the first blind is the SMALL BLIND because it is usually one-half (or less) the second or large blind.
- DEAD MAN'S HAND - Generically: two pair, aces and eights. Specifically: the black aces, black eights and nine of diamonds. The hand Wild Bill Hickok was holding when he was shot to death.
- AMERICAN AIRLINES - In Hold'em, a pair of Aces in the hole. Better known (at least in rec.gambling) as POCKET ROCKETS.
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