WPT says online gaming rev could overtake TV show
LOS ANGELES, Feb 14 (Reuters) - WPT Enterprises Inc. (WPTE.O: Quote, Profile, Research), which created the TV show World Poker Tour and operates a gaming Web site, said its online gaming business could eventually overtake its TV show as its top revenue generator, its chief executive said on Tuesday.Steve Lipscomb said at the Reuters Hotels and Casinos Summit held in Los Angeles that WPTOnline, launched last year, is a fast-growing division but is unlikely to overtake the revenues generated by it
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Poker lingo:
- LIMIT POKER - A poker game wherein the amount to be bet is fixed, or at most variable within a prescribed minimum and maximum. Ant.: NO-LIMIT POKER.
- FREEZE-OUT - A table-stakes game that continues until a small number of players (possibly only one) has all the money. The major event in The World Series of Poker is a freeze-out game.
- PAY STATION - A player who rarely folds, thus who frequently calls better hands and loses. Almost as much fun as a LIVE ONE.
- OPEN-ENDED STRAIGHT - Four cards to a straight which can be completed by drawing a card at either end. E.g., 6-7-8-9 is an open-ended straight. Also: BOBTAIL STRAIGHT. Compare: INSIDE STRAIGHT.
- SEMI-BLUFF - To bluff with a come hand that figures to win if it hits.
- FOURTH STREET - In stud poker, the fourth card dealt to each player. Sometimes used to refer to the fourth community card dealt in Hold'em, although the more common term for this is TURN (q.v.).
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