PartyGaming issues profit warning
PartyGaming shares fell 7 percent after the company said it will not meet analysts estimates due to a lower profit margin on new player sign-ups. However higher than expected active players and sign-ups should improve prospects for 2008 and future periods.
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Poker dictionary:
- OVERPAIR - In Hold'em, a pair in the hole that is larger than any community card on the board.
- FLAT CALL - To call a bet. Emphasizes that the caller did not raise.
- NICKEL - Five dollars, usually represented by a red casino check.
- 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.
- RAINBOW - In flop games, a flop in which no two cards are of the same suit. "The flop was A 9 7 rainbow."
- TOKE - Gambling term for "tip", as in "Toke the cocktail waitress". Comes from the term "Token of appreciation".
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