WPT Enterprises releases financials for 2006 and 4th quarter

WPT Enterprises, Inc. today announced financial results for the fourth quarter and year ended December 31, 2006. Business highlights for the quarter included delivery of four episodes of Season V of the World Poker Tour® (WPT) television series, five episodes of Season I of the Professional Poker Tour (PPT) television series and continued progress in the development of the Company’s new online poker room and casino, which is scheduled to launch during the second quarter of 2007.

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Mon, March 12th, 2007

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Poker dictionary:

  • PASS - Opposite of bet. To check, if checked to. To fold, if bet to.
  • FACE CARD - A jack, queen or king (a card with a face on it, not joker).
  • LOWBALL - Generic term for poker where the lowest hand wins.
  • FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
  • RERAISE - To raise after an opponent has raised.
  • 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.
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