PartyGaming Takes Over Empire Online For $250 Million

First they weakened them then they bought them out in a classic hostile takeover, online poker style. Party Gaming, the operators of Party Poker, have bought out the assets of their one-time biggest partner Empire Online, the operators of the poker skin Empire Poker. The deal is worth $250 million, and is good news for PartyGaming…

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Wed, February 15th, 2006

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Poker lingo:

  • BAD GAME - Any game in which you figure to be the loser, because the other players are better than you.
  • WORLD SERIES OF POKER - A series of several different poker games with relatively large buy-ins, culminating in a $10,000 buy-in no-limit Hold'em tournament, the winner of which is crowned the World Poker Champion. Sponsored by Binion's Horseshoe Club in Las Vegas.
  • 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."
  • FOUR OF A KIND - A hand containing all four cards of the same rank.
  • SET - In Hold'em, three of a kind where two of the cards are hole cards.
  • 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.
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