Poker Developer Sells US Network

Canadian eGaming software developer Las Vegas From Home.com Entertainment, Inc. (LVFH), has sold its US facing poker network, called the Action Poker Network (APN) to a Norwegian company. The company from Norway, Playsafe Holdings Ltd., a wholly-owned subsidiary of Playsafe Holding AS, has bought APN for $2.35 million…

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Poker lexicon:

POT ODDS - The amount of money in the pot divided by the amount of money you must bet in order to call. Often used to determine if a pot offers enough reward to play on the come.
RERAISE - To raise after an opponent has raised.
TOURNAMENT - A highly structured game involving potentially dozens of tables where all participants pay an entry fee and obtain a fixed number of chips. Once a tournament has started, additional players may not enter. As the game progresses players bust out and are eliminated until only one winner remains.
DRAW - [1] A class of poker games characterized by players being dealt 5 cards face-down and later having the opportunity to replace some of the original 5. "Draw poker" and "Five-card draw" are examples of usage. [2] In stud and Hold'em games, the set of cards that will be dealt later can be collectively called "the draw". [3] To discard some number of cards and have dealt an equal number of replacements.
SHILL - A card room employee who plays with House money, and does not share in any of his (her) winnings or losses. Shills are used to facilitate starting games, and keeping them going. Compare: PROP.
FILL - To draw a card that makes a five-card hand (straight, flush, full house, straight flush).

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