Poker Sector Jobs Folding Away

Thanks to the Unlawful Internet Gambling Enforcement Act, some workers in the poker industry may have a short-stack Christmas. According to Paul McGuire, writing in the news portion of online site Poker Player, the UIGEA is having an impact on who gets to keep their poker related jobs. The loss of ad revenues from large poker companies that have pulled out of the US thanks to the UIGEA is mostly responsible, according to McGuire, as those companies have taken a hit in loss of revenues after dumping the most lucrative part of the market to stay true to their public-trade charters.

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Poker lexicon:

WALK - A pot won by the last blind when no one opens.
OMAHA - A variant of Hold'em where each player receives 4 hole cards and must use exactly two of them (together with 3 of 5 board cards) to make a hand. Often played high-low split with an 8 qualifier for low.
ROYAL FLUSH - An ace-high straight flush, the best possible hand in regular poker.
HOYLE - Edmund Hoyle (1769-?) was the authoritative source for rules of card games. Hoyle is to card rules as Webster is to word definitions.
RIVER - The last card dealt in a hand of stud or Hold'em.
BUTTON CHARGE - A periodic fee paid by whoever is the button, perhaps every 20 minutes or 30 minutes. Constitutes part or all of the HOUSE CUT.

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