CryptoLogic Announces Purchase and License of Parbet Poker Brand and Related Assets

CryptoLogic Inc.(NASDAQ: CRYP)(LSE: CRP), a leading software developer to the global Internet gaming industry, through its wholly-owned WagerLogic subsidiary, has signed an agreement to purchase the poker brand and related assets of Parbet.com, a popular Scandinavian online poker room.

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Tue, January 9th, 2007

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Poker slang:

  • MARKED CARDS - Cards that have been (illegally) altered so that their value can be read from the back.
  • STAND OFF - To call a raise. "Opener raises, I stand off".
  • SHARK - A good/crafty player often posing as a fish early in the game.
  • STUD - Any of several poker games in which some of each players' cards are exposed.
  • ONE-EYED - The jack of hearts, jack of spades or king of diamonds. So named because the characters are drawn in profile, thus showing only one eye.
  • RING GAME - A standard game where players can come and go as they choose. The opposite of TOURNAMENT.
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