PartyGaming to Buy Rival Web Sites

PartyGaming has expanded its online casino and poker operations with the acquisition of Web sites run by two smaller rivals, Empire Online and Intercontinental Online Gaming. The online poker operator said it will pay for the businesses with the issue of 115.2 million new shares.

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Useful poker information:

BURN - To discard the top card of the deck prior to dealing, usually done for every dealing round except the first. The theory being that if somehow the cards are marked (illegally) no one will know what card will next be dealt, only what card will be burned. This makes marked cards less of an advantage, hence tends to reduce cheating.
PROP - Also PROPOSITION PLAYER. An employee of the gaming establishment whose primary purpose is to keep enough players at a table to prevent breaking up the game for lack of players. Unlike SHILLs "props" make a small hourly wage but play with their own money, winning or losing based on their skill.
SHOWDOWN - The point at the end of the hand where all active players reveal their cards and the pot is awarded to the winner(s).
PAT - Holding or being dealt a pat hand. "I'm pat" would mean "I don't want to draw any cards.
RAIL - A barrier dividing the card playing area from a public area.
DRAWING DEAD - A draw in which it is impossible to obtain a winning hand for any of a variety of reasons: an opponent's hand is better than whatever you are drawing to, the card(s) that make your hand are out of play, or (in Hold'em) give an opponent a stronger hand even if it makes yours. Frequently used in the past tense, since one rarely knows it at the time.

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