Poker Growth Expected to Slow to a Crawl
It may seem impossible, but certain studies suggest that the growth of poker is going to take a nosedive. PartyGaming recently cited a study in their security filings that suggested that the annual revenue of poker is going to take a major hit in the next five years. Projected over the next five years the annual growth rate of poker will drop from 158%, the growth rate from the year 2000 to 2005, to around 18% from 2005 two 2010.
Regardless of these negative reports, many industry members are geared up in pushing hard to cut a bigger slice of the poker pie…
Related Poker News:
- Exponential Online Poker Growth Unsustainable
- PartyGaming posts 1H profit, but poker sales slow
- The Online Railbird Report: “1Il|1Il|1il|” Wins $283,000 in Slow Week
- House chairman wants to go slow on regulating poker
- Chairwoman Says Go Slow On Legalizing Web Poker
- Online Poker Software Sees 30 Percent Growth
- Poker Players Alliance Membership May Soon Top One Million
- WPT Enterprises Released Third Quarter Revenue
- PartyGaming Slides on Slowing Growth in Online Poker Revenue
- Playtech Shows Continued Growth in Second Quarter
- PKR to Hit Record Numbers
- 888poker Celebrates Continued Growth - Doubles Major Tournament Guaranteed Prize Pools
Poker lingo:
- FIFTH STREET - In stud poker, the fifth card to be dealt to each player. Sometimes used to refer to the last card dealt in Hold'em, although the more common term for this is RIVER (q.v.).
- READ - To determine whether an opponent has a good, medium or bad hand by observing his personal behavior. An inexact science.
- LEAK - To show one's hole cards (often unknowingly).
- MITES AND LICE - A hand consisting of two pair, threes over twos.
- OPEN-HANDED - A category of games characterized by a part of each player's hand being exposed.
- RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
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